Mortgage Rates FAQs
Q: Why can’t I just look at a mortgage rate chart?
A: Mortgage rates are highly variable, and will be higher or lower based on unique factors such as credit scores, zip codes, borrowing histories, and rate types. Please complete the mortgage quick quote above for a fast and accurate initial rate.
Q: What type of mortgage loans do you offer?
A: UCU provides three types of mortgage loans. These include 30-year fixed loans, 15-year fixed loans, and adjustable-rate mortgages (ARMs). Speak with a loan officer to determine the right type of loan for you.
Q: How do mortgage rates impact my buying choices?
A: Your mortgage rates will be significantly impacted by factors both inside and outside of your control. This mortgage rate can affect your down payment, budget, and overall closing costs.
“I have been banking with UCU for quite some time now. I will remain a loyal customer and continue to save here because I have seen them help me every step of the way. They really care and in times during Pandemic, this is what I need. I am accomplishing my goals with their help and know I am on the right path. Huge THANK YOU to UCU for always being on my side to help me.” - Marissa B.
“I've been a member of UCU for about 8 years now. We recently applied for HELOC and I was amazed with the quick processing of our application. It only took about a week and a half from filing to funding our loan. Our Loan Officer was amazing. He was very helpful, quick, pleasant, gave clear instructions/information and provided great service. We're lucky have been assigned to him.” - Aimee G.