Low Interest Home Mortgage Loans
Looking for a home loan?
When it comes to home mortgage loans, we’ve got options!
Whether you’re buying a new home or looking for a refinancing mortgage opportunity, trust in Greater Alliance Federal Credit Union as your first choice for low home mortgage loans.
More Buying Power …
with Adjustable Rate Home Mortgage Loans
Our adjustable rate home loan allows for great rate mortgage loans – starting as low as 2.925% APR for qualified borrowers plus you will receive:!
- No Rate Lock In Fee
- No Application Fee
- No Processing/Underwriting Fee
- Local Decision Making
This low rate keeps your payments affordable … Giving you more home buying power for the future.
Compare and save on your home loan!
5/5/30 year mortgage loans – 2.925% APR / 2.75 Rate*
Fixed Rate mortgage loans are also available, with multiple terms up to 30 years.
*The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $100,000 and an estimated property value of $225,000. The property is located in Basking Ridge, NJ and is within Somerset county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed credit score is 800.
At a 2.750% initial interest rate, the APR for this loan type is 2.925%, subject to increase. Based on current market conditions, the monthly payment schedule would be:
- 60 payments of $408.24 at an interest rate of 2.750%
- 299 payments of $419.66 at an interest rate of 3.000%
- 1 payment of $419.10 at an interest rate of 3.000%
If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner’s insurance premiums.
Credit union membership requires $175 minimum balance requirement in the Share Savings Account. Membership conditions may apply. Other terms and conditions apply. This offer is subject to change without notice.