You May Be Able to Lower Your Mortgage Payment

Rates as low as 2.25% (2.332% APR)1

 

DIFFICULT TIMES. SIMPLE MORTGAGE SOLUTIONS.

Whether you’re staying home or working on the front lines, we know life in the stay-at-home era isn’t going quite as you’d planned it. Our mortgage experts are here to help you find some peace of mind with potential lower monthly payment options starting at 2.25% (2.332% APR)1 and a low origination fee with no points.

But how do you know what is right for you? Browse our simple solutions below and call us today.

7/1 Adjustable Rate Mortgage (ARM) as low as 2.25% (2.332% APR)1

Benefits:

  • Extremely competitive low rate
  • Initial interest rate remains the same for a full 7 years
    (Rate adjusts annually thereafter.)
  • 30-year amortization ensures an affordable monthly payment
  • Perfect for those who do not need a fixed rate beyond 7 years, like…
    • If you plan on moving or refinancing within 7 years, or…
    • You plan to pay off your home or condo within 7 years

15-Year Fixed Mortgage Rate as low as 2.375% (2.453% APR)2

Benefits:

  • Perfect for those who plan to pay their home off in 15-years
  • Save money on interest payments over time
  • Enjoy the peace of mind that a fixed-rate mortgage provides
  • Helps you become mortgage debt-free in a short time
  • Low rate makes a 15-year mortgage more affordable

20-Year Fixed Mortgage Rate as low as 2.50% (2.560% APR)3

Benefits:

  • The perfect blend between a 30-year mortgage and a 15-year mortgage
  • Low rate makes for affordable monthly payments
  • Pay the home off sooner than a 30-year mortgage
  • Enjoy the peace of mind that a fixed-rate mortgage provides
  • Saves you interest over the life of the loan when compared to a 30-year mortgage

This is a limited time offer, so act now. Rates and terms are subject to change at any time.

 


DISCLOSURES

*/1 As of August 13, 2020, Signal Financial FCU’s 7/1 ARM rate is 2.25% (2.332% APR). APR= Annual Percentage Rate. Rates are subject to change at any time and may vary depending on variety of factors. Not all borrowers will qualify for the lowest rate.  Rates for adjustable Rate Mortgages (ARMs) may increase when adjusted. Other restrictions apply. A sample payment on a $300,000 loan for a 7/1 ARM 2.25% (2.332% APR) is $1,146.74 for the first 84 months; A sample payment for the next 276 months at a sample rate of 2.91% (3.041% APR) is $1,228.13 (based on a 30-year loan). Payments do not include amounts for taxes and insurance premiums for first lien loans; the actual payment obligation will be greater. Please contact a mortgage loan officer at 301-933-9100 ext. 104 about applicable rates and offers. Appraisal fee refund is available to members enrolled in a Premium Bundle with a qualifying new mortgage loan. For information about the Premium Bundle, please visit signalfinancialfcu.org/bundles. 

2 As of August 13, 2020, Signal Financial FCU’s 15-year fixed rate is 2.375% (2.453% APR). APR= Annual Percentage Rate. Rates are subject to change at any time, without notice and may vary depending on variety of factors.  Not all borrowers will qualify for the lowest rate.  Other restrictions apply. Rates and offers are available for a limited time and subject to change without notice. A sample payment on a $300,000 loan for a 15-year fixed rate loan at 2.375% (2.453% APR) $1,982.76. Payments do not include amounts for taxes and insurance premiums for first lien loans; the actual payment obligation will be greater. Please contact a mortgage loan officer at 301-933-9100 ext. 104 about applicable rates and offers. Appraisal fee refund is available to members enrolled in a Premium Bundle with a qualifying new mortgage loan. For information about the Premium Bundle, please visit signalfinancialfcu.org/bundles.

3 As of August 13, 2020, Signal Financial FCU’s 20-year fixed rate is 2.50% (2.560% APR). APR= Annual Percentage Rate. Rates are subject to change at any time and may vary depending on variety of factors. Not all borrowers will qualify for the lowest rate.  Rates and offers are available for a limited time and subject to change without notice. A sample payment on a $300,000 loan for a 20-year fixed rate loan at 2.50% (2.560% APR) is $1,589.71.Payments do not include amounts for taxes and insurance premiums for first lien loans; the actual payment obligation will be greater. Please contact a mortgage loan officer at 301-933-9100 ext. 104 about applicable rates and offers. Appraisal fee refund is available to members enrolled in a Premium Bundle with a qualifying new mortgage loan. For information about the Premium Bundle, please visit signalfinancialfcu.org/bundles.

How may we assist you?

Give us a call at 301-933-9100 ext.104 or contact us today to explore your next move, whether it’s a refinance or other mortgage options.