Mortgage Rates
| Mortgage Type | Rate | APR | Discount Point | Origination Point |
|---|---|---|---|---|
| 30 Yr Fixed | 6.500% | 6.61% | 1.14% | 0.00% |
| 20 Yr Fixed | 6.375% | 6.53% | 1.23% | 0.00% |
| 15 Yr Fixed | 5.750% | 5.88% | 0.81% | 0.00% |
| 30 Yr Fixed Jumbo | 6.500% | 6.61% | 1.15% | 0.00% |
| 15 Yr Fixed Jumbo | 6.625% | 6.79% | 1.04% | 0.00% |
All mortgage rates current as of 4/23/2025 CST. Advertised rates and/or points may change without notice. All loans are subject to approval. Advancial membership required to receive any advertised product. Advancial membership subject to qualifications and requires a minimum $5 membership share deposit. For current rates, fees and other terms that may apply, or for information on other mortgage loans not advertised, contact us at 1.888.876.2328.
Rates and/or points are subject to change at any time until you submit a loan application and opt to “lock-in” a rate. Each quote above represents a “lock-in” period of 30 days; meaning that if you applied for a loan today and choose to “lock-in”, we will guarantee the rate and points for 30 days. Your actual rate and/or points may be different, as many factors go into providing you with a mortgage loan. Rates and points vary widely for jumbo loans (see below) and/or for investment property loans.
Each quote above is based on a purchase money mortgage with a minimum loan amount of $250,000 (except jumbo loans). Mortgage rates assume the property is an owner-occupied, single-family home with a Loan-To-Value (LTV) ratio of 75%, and a minimum credit score of 760.
JUMBO LOANS
Loans over a certain amount are called jumbo loans. In most states, mortgage loans on a single-family residence greater than $806,500 are jumbo loans. In certain high cost areas, including Alaska and Hawaii, a single-family mortgage loan over $1,209,750 is considered a jumbo loan.
PAYMENT EXAMPLES
The examples provided below assume the purpose of the loan is to purchase an existing single family home to be used as a primary residence. Taxes and insurance not included, therefore the actual payment obligation will be greater. Your actual rate may be higher depending on your specific credit history, loan purpose, loan amount, down payment, and collateral type. Payment example is for educational purposes only and may not reflect our current or actual loan rate offers or available percentage rates.
Fixed Rate Mortgage: As an example, for a 30 year mortgage in the amount of $250,000 at a APR of 6.61%, the monthly principal and interest payment, exclusive of any escrow for taxes or insurance, would be $1,580.17.
Adjustable Rate Mortgage (ARM): As an example, for a 5/6 ARM with a 30 year term in the amount of $250,000 at an APR of 7.515%, the monthly principal and interest payment, exclusive of any escrow for taxes or insurance, would be $1,642.32 for the first 5 years and would be adjusted every 6 months thereafter, according to the market index.
IMPORTANT INFORMATION FOR ADJUSTABLE RATE MORTGAGES (ARMs)
Adjustable-rate mortgages are variable, and your annual percentage rate may increase or decrease after the original fixed rate period.
Interest Rate Adjustments. Your interest rate under an ARM is fixed for the initial 5, 7, or 10 years, then adjusts every 6 months thereafter based upon an index, plus a margin. Your interest rate cannot increase or decrease more than 2.00 percentage points at first adjustment for 5/6 ARMs or 5.00 percentage points for 7/6 and 10/6 ARMs and will not increase more than 1.00 percentage points per subsequent adjustment from the initial interest rate, excluding any buydown. Your interest rate will never be greater than 5.00 percentage points above the initial interest rate.
How Your Payments Are Determined. Your initial monthly payment of principal and interest will be determined based on the interest rate, loan term, and balance when your loan is closed. If your interest rate changes, your payment will be adjusted to fully amortize the loan by the end of the loan term.
Frequency of Payment Changes. Based on increases or decreases in the index, payment amounts under an ARM loan can increase or decrease substantially after the initial fixed period and every 6 months thereafter. However, your monthly payment amount could change more frequently if there is a change in the taxes, assessments, insurance premiums, or other charges required to be made into an escrow or impound account.
Adjustment Notices. You will be notified at least annually if interest rate changes occur. When an interest rate change will also involve a change in your monthly payment, you will be notified in writing (at least 60 calendar days, but not more than 120 calendar days) before the first payment at the adjusted level is due. The notice will indicate the adjusted payment amount, interest rate, Index value, and the outstanding loan balance at the time.
Rates and/or points are subject to change at any time until you submit a loan application and opt to “lock-in” a rate. Each quote above represents a “lock-in” period of 30 days; meaning that if you applied for a loan today and choose to “lock-in”, we will guarantee the rate and points for 30 days. Your actual rate and/or points may be different, as many factors go into providing you with a mortgage loan. Rates and points vary widely for jumbo loans (see below) and/or for investment property loans.
Each quote above is based on a purchase money mortgage with a minimum loan amount of $250,000 (except jumbo loans). Mortgage rates assume the property is an owner-occupied, single-family home with a Loan-To-Value (LTV) ratio of 75%, and a minimum credit score of 760.
JUMBO LOANS
Loans over a certain amount are called jumbo loans. In most states, mortgage loans on a single-family residence greater than $806,500 are jumbo loans. In certain high cost areas, including Alaska and Hawaii, a single-family mortgage loan over $1,209,750 is considered a jumbo loan.
PAYMENT EXAMPLES
The examples provided below assume the purpose of the loan is to purchase an existing single family home to be used as a primary residence. Taxes and insurance not included, therefore the actual payment obligation will be greater. Your actual rate may be higher depending on your specific credit history, loan purpose, loan amount, down payment, and collateral type. Payment example is for educational purposes only and may not reflect our current or actual loan rate offers or available percentage rates.
Fixed Rate Mortgage: As an example, for a 30 year mortgage in the amount of $250,000 at a APR of 6.61%, the monthly principal and interest payment, exclusive of any escrow for taxes or insurance, would be $1,580.17.
Adjustable Rate Mortgage (ARM): As an example, for a 5/6 ARM with a 30 year term in the amount of $250,000 at an APR of 7.515%, the monthly principal and interest payment, exclusive of any escrow for taxes or insurance, would be $1,642.32 for the first 5 years and would be adjusted every 6 months thereafter, according to the market index.
IMPORTANT INFORMATION FOR ADJUSTABLE RATE MORTGAGES (ARMs)
Adjustable-rate mortgages are variable, and your annual percentage rate may increase or decrease after the original fixed rate period.
Interest Rate Adjustments. Your interest rate under an ARM is fixed for the initial 5, 7, or 10 years, then adjusts every 6 months thereafter based upon an index, plus a margin. Your interest rate cannot increase or decrease more than 2.00 percentage points at first adjustment for 5/6 ARMs or 5.00 percentage points for 7/6 and 10/6 ARMs and will not increase more than 1.00 percentage points per subsequent adjustment from the initial interest rate, excluding any buydown. Your interest rate will never be greater than 5.00 percentage points above the initial interest rate.
How Your Payments Are Determined. Your initial monthly payment of principal and interest will be determined based on the interest rate, loan term, and balance when your loan is closed. If your interest rate changes, your payment will be adjusted to fully amortize the loan by the end of the loan term.
Frequency of Payment Changes. Based on increases or decreases in the index, payment amounts under an ARM loan can increase or decrease substantially after the initial fixed period and every 6 months thereafter. However, your monthly payment amount could change more frequently if there is a change in the taxes, assessments, insurance premiums, or other charges required to be made into an escrow or impound account.
Adjustment Notices. You will be notified at least annually if interest rate changes occur. When an interest rate change will also involve a change in your monthly payment, you will be notified in writing (at least 60 calendar days, but not more than 120 calendar days) before the first payment at the adjusted level is due. The notice will indicate the adjusted payment amount, interest rate, Index value, and the outstanding loan balance at the time.
