Fixed Rate Mortgages

The Credit Union offers fixed rate mortgages to purchase or refinance primary residences, second homes and rental properties for members who reside in and for properties located in North Carolina, South Carolina, Virginia, Georgia or Tennessee unless further restricted as outlined below. The maximum loan amount, as it relates to the property value or the purchase price, and interest rate depend on many factors including the purpose of the loan, the type of mortgage, number of dwelling units, and occupancy status. Funds are collected with each payment, in addition to your principal and interest payment, to allow for the disbursement of the estimated annual property tax and insurance premiums. These funds are placed in an escrow account until the tax and insurance premium payments are due and earn dividends equal to the share account rate.

10-Year Term Fixed Rate Mortgage

90% or less loan-to-value 10-year term fixed rate mortgage calculation form
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Current Interest Rate: %


90.1% - 100% loan-to-value 10-year term fixed rate mortgage calculation form
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Current Interest Rate: %


Expand for additional information specific to this program and to calculate payment and APR2.

15-Year Term Fixed Rate Mortgage

90% or less loan-to-value 15-year term fixed rate mortgage calculation form
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Current Interest Rate: %


90.1% - 100% loan-to-value 15-year term fixed rate mortgage calculation form
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Current Interest Rate: %


Expand for additional information specific to this program and to calculate payment and APR2.

20-Year Term Fixed Rate Mortgage

90% or less loan-to-value 20-year term fixed rate mortgage calculation form
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Current Interest Rate: %


90.1% - 100% loan-to-value 20-year term fixed rate mortgage calculation form
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Current Interest Rate: %


Expand for additional information specific to this program and to calculate payment and APR2.

  • 100% financing2 available for purchases and no cash-out refinances of single-family primary residences
  • 90% financing available for purchases or refinances of primary residences
  • Up to 90% financing available for a second home
  • Up to 80% financing available for the purchase of a rental property or for a non-cash out refinance of a rental property; further limited to 65% LTV for cash-out refinances3
  • Each member may finance up to four properties with the Credit Union, but only one may be financed at greater than 90% LTV
  • For purchases, maximum financing and loan-to-value financing tier determined based on the lesser of the sales price or appraised value. Member is responsible for appraisal cost.
  • Manufactured Homes can typically serve as collateral but must be the primary residence of the borrower (See Special Mortgage Programs for additional details)
  • Origination fee 1.00% of loan amount (cap of $2,500)
  • No application fees or credit report fees
  • Private mortgage insurance is not required
  • Initial rates are subject to change daily
1 APR = Annual Percentage Rate. APR is your cost over the loan term expressed as a rate. Stated APR based on a loan amount of $150,000 for a maximum term allowed for each loan program. Please use the calculator to calculate monthly payment and APR for different loan options.
2 100% financing up to a maximum loan of $400,000.
3Cash out is defined as any funds that exceed the balances owed on the first and/or second mortgages being paid off, plus closing costs.