Western Federal Credit Union Mortgage Rates and Review(s)
Western Federal Credit Union, based out of Manhattan Beach, California offers a large selection of home loan, refinancing and mortgage products currently featuring APR’s under 5%. Their home loan products consists of fixed rate mortgages with 15 year, 20 year and 30 year terms. Their ARM’s (adjustable rate mortgages) come in 10/1, 7/1, and 5/1 ARMs. They also offer flex rate home equity lines of credit, home equity loans, and real estate modification loans.
Areas of Operation: Western Federal Credit Union has branches in Arkansas, California, Colorado, Indiana, Kentucky, Michigan, Texas, Utah, and Virginia.
Mortgage Rates offered through Western Federal Credit Union:
(Rates accurate as of 9/2010. Visit Western.org for updated rates and information.)
- 30 year fixed rate mortgage going for 4.679% APR with 0 loan points on maximum loan amounts of $417,000.
- 20 year fixed rate mortgage going for 4.574% APR with 0 loan points on maximum loan amounts of $417,000.
- 15 year fixed rate mortgage going for 4.093% APR with 0 loan points on maximum loan amounts of $417,000.
- 30 year fixed rate JUMBO mortgage going for 5.055% APR with 0 loan points on maximum loan amounts of $2,000,000.
- 15 year fixed rate JUMBO mortgage going for 4.468% APR with 0 loan points on maximum loan amounts of $2,000,000.
- 5/1 ARM going for 4.59% APR with 0 loan points on maximum loan amounts of $417,000.
- 7/1 ARM going for 4.623% APR with 0 loan points on maximum loan amounts of $417,000.
- 10/1 ARM going for 4.805% APR with 0 loan points on maximum loan amounts of $417,000.
- Home Equity Loans available with rates as low as 6.50% APR to qualified borrowers.
Terms and Conditions:
- Rate subject to change annually after introductory period. Rate change based on constant maturity of one year T-Bill (CMT) plus margin of 2.75%.
If you have experience in the home loan process with Western Federal Credit Union, please share by leaving a comment.
