*APR=Annual Percentage Rate. This is a fixed rate available to qualified borrowers on a 10-year term. Minimum 70% Loan-to-Value required. Minimum financing of $50,000 and maximum of $200,000. Mortgage loan proceeds may not be used to refinance existing Members 1st Credit Union loans. No early payoff penalties. The property must be a single family "stick built" residence that is owner occupied (no rentals or investment properties). The Credit Union will not lend on mobile homes, manufactured homes, condos, or duplexes.
**Members 1st Credit Union allows the option of obtaining a separate appraisal at the applicant's expense.