Residential Mortgage Rates

Effective as of November 1, 2022

RESIDENTIAL MORTGAGE LOAN RATES

Loan TypeTerm Annual
Percentage
Rates
Monthly Payment Per $1,000 Borrowed for the first term payments based on Initial RateMonthly Payment Per $1,000 Borrowed for the remaining payments based on 30 year Amortization and Current Rate
Mortgage Adjustable2 Year5.39%1, 2, 3$5.62$5.62
Mortgage Adjustable5 Year5.69%1, 2, 3$5.80$5.80
Mortgage Adjustable8 Year6.00%1, 2, 3$6.00$6.00
Mortgage Adjustable15 Year6.59%1, 2, 3$6.39$6.39
Mortgage Fixed5 Year6.00%1, 2$19.34$6.00
Mortgage Fixed10 Year6.39%1, 2$11.30$6.26
Mortgage Fixed15 Year6.49%1, 2$8.71$6.32
Mortgage Fixed20 Year6.59%1, 2$7.52$6.39
Mortgage Fixed30 Year6.69%1, 2$6.45$6.45

Adjustable and fixed jumbo loans over $970,800.00 available. Subject to 0.15%-0.25% rate increase or 0.25 points paid at closing. Non-owner occupied 1-4 family properties are subject to a rate increase up to 2.00%.

  1. Notes can be refinanced/modified and amortized up to 30 years
  2. Mortgages available for:
    1. Refinance or purchase
    2. New York and New Jersey
    3. 1-4 family owner occupied
    4. Vacation
    5. Secondary residence
    6. Vacant land for new home
    7. Up to 80% of value
    8. Coop up to 75% of value, and
    9. Condo up to 75% of value
  3. Rates and terms are based on Consumers FCU posted rates Notes can be refinanced/modified not to exceed 15 year term and amortized up to 30 years

*Borrowers with negative credit, including but not limited to: late payments, collection accounts, judgments, charge-offs and bankruptcies (within 2 years) are subject to a 2.00% increase on the current interest rate listed.

**Refinance of credit union loans to only lower interest rate, require 1.50 points and a $250.00 fee

NMLS Information

  • Consumers Federal Credit Union #489381
  • Stephen Jacoby #875551
  • Ryan Jacoby #2185984
  • Salma Masum #994784
  • Sarah Sakmann #2245576

Would you like to estimate the payments on any of these loans? Our loan calculator can help you with the numbers.