|Loan Type||Annual Percentage Rate (APR)||Additional Comments|
|Home Equity Line of Credit (variable)||4.00%*|
|7 Year Home Equity Fixed 1st||4.50%|
|7 Year Home Equity Fixed 2nd||4.50%|
|10 Year Home Equity Fixed 1st||4.90%|
|10 Year Home Equity Fixed 2nd||4.90%|
|15 Year Home Equity Fixed 1st||4.50%|
|15 Year Home Equity Fixed 2nd||6.50%|
|Unimproved Property (Variable)||5.00%|
|15, 20 or 30 Year Fixed||For rates, contact Maria Reid at (850) 434-2211, Ext. 11184 or Mary Wade at Ext. 11185.|
|1, 2 and 5 Year Adjustable Rate Mortgage (Construction Permanent up to 30 Years Available)||For rates, contact Maria Reid at (850) 434-2211, Ext. 11184 or Mary Wade at Ext. 11185.|
|1 Year ARM||3.50%|
|2 Year ARM||3.50%|
|5 Year ARM||3.75%|
|Mortgage Refinance Options|
|7 Year Fixed Refinance||3.74%||No Closing Costs**|
|10 Year Fixed Refinance||4.25%||No Closing Costs**|
|60 Month Home Equity Refinance Special||3.99%||Member Pays Closing Costs|
|Homeowner's Insurance and Taxes Relief Loan||7.99%|
Subject to approval.
* This is a limited time offer. APR = Annual Percentage Rate. Interest rate based on the Wall Street Journal prime plus 0.00% for the life of the loan with a minimum rate of 3.00% APR and maximum of 17.00% APR. The Credit Union will pay all normal closing costs except appraisal fee (if appraisal required) if member agrees to borrow $20,000.00 or more at closing and agrees to not pay off and close the line of credit for 24 months. When establishing a Home Equity Line of Credit limit, a full advance up to the limit must be taken at closing or member will be responsible for the portion of the closing costs on the amount not advanced. Offer available for new loans only. Not available on existing Members First home equity loans or refinancing of Members First home equity loans. Contact the Credit Union at 850-434-2211 for complete details. MFCU is an Equal Housing Lender. Member NCUA.
** This is a limited time offer. APR = Annual Percentage Rate. Member must meet all loan approval guidelines; the terms listed above and must agree not to prepay for the first six months. Members that have had prior no closing cost loans paid by the Credit Union must advance a minimum of $30,000 in new money to qualify for the no closing cost special or agree to pay all normal closing costs on new loan. All loans subject to approval. Normal closing costs to be paid by MFCU include: Title insurance and Endorsements, Documentary Stamps, Mortgage Recording Fees, and Flood Zone Determination excluding Document Preparation Fee and Appraisal Fee. MFCU is an Equal Housing Lender. Member NCUA.
All rates are subject to change at the sole discretion of the Board of Directors.****
For further information on each account, please refer to our All About Your Accounts Brochure on Terms and Conditions, Electronic Transfers, Funds Availability, Funds Transfers, and Truth In Savings. Schedule Of Fees.