Mortgage Rates

MORTGAGES

All rates and terms are subject to change without notice.  These rates apply to loan amounts of $100,000 and for the purchases of owner-occupied, single-family primary residences.  Other mortgage programs are available.  Interest rates are subject to change daily and without notice.  For an up-to-date rate quote, please contact a mortgage representative at (800) 866-8199, Option 5.  Contact the Loan Department for rates on second homes, investment properties or jumbo loans at info@firstalliancecu.com

 
 
First Mortgages                                                                                 Week of January 5, 2009
Term/Type Interest Rate Annual Percentage Rate
15 Year Fixed 4.625% 4.905%
30 Year Fixed 5.000% 5.170%

Mortgage Rates are Subject to Change Daily and Without Notice. Call for the most current rates. (507) 288-0330.

Helpful Mortgage Calculators

 
Construction Loans                                                                     Effective January 5, 2009
Interest Rate Annual Percentage Rate
6.500% 7.246%

APR=Annual Percentage Rate on the loan.
All rates and terms are subject to change daily and without notice.  For more information, terms and conditions contact the Loan Department. (507) 288-0330.

 
Home Equity Line of Credit                                         Effective January 5, 2009

Rates as low as

5.000%APR*

*APR=Annual Percentage Rate on the loan. Rate applies to new home equity lines of credit as of October 14, 2008 . Rate is tied to the variable rate Prime. The index is the Prime Rate published in the Wall Street Journal. Rate subject to change without notice. Contact a Member Service Representative for details. (507) 288-0330.

 
Home Equity Fixed Rates Effective January 5, 2009

Rates as low as

6.250%APR*

Loans available up to 100% Loan to Value. Please contact a Member Service Representative for program rates and terms. (507) 288-0330

 

*APR=Annual Percentage Rate on the loan.  Rates are quoted "as low as" and are subject to an evaluation of your credit. Rates may vary from rates shown.