Mortgage and Equity Rates
Mortgage Rates
Fixed Rate Conforming Mortgages
Maximum Loan Amount: $806,500. APRs are based on a loan amount of $806,500.
Rates are valid as of and are subject to change.
| Term in Years | Discount Points | Interest Rate | APR | Payment per $1,000 | Disclaimers |
|---|---|---|---|---|---|
| 30 | 0.000% | 6.125% | 6.147% | $6.08 | CC, DD, EE, FF, S |
| 1.000% | 5.875% | 5.943% | $5.92 | ||
| 2.000% | 5.625% | 5.738% | $5.76 | ||
| 20 | 0.000% | 5.625% | 5.653% | $6.95 | CC, DD, EE, FF, S |
| 1.000% | 5.375% | 5.464% | $6.81 | ||
| 2.000% | 5.125% | 5.274% | $6.67 | ||
| 15 | 0.000% | 5.5% | 5.535% | $8.17 | CC, DD, EE, FF, S |
| 1.00% | 5.25% | 5.44% | $8.04 | ||
| 2.000% | 5% | 5.344% | $7.91 | ||
| 10 | 0.000% | 5.25% | 5.3% | $10.73 | CC, DD, EE, FF, S |
| 1.00% | 5% | 5.269% | $10.61 | ||
| 2.000% | 4.75% | 5.239% | $10.48 |
Fixed Rate Super Conforming Mortgages
Maximum Loan Amount: $1,209,750 (available in Bay Area counties and certain other areas). APRs are based on a loan amount of $1,209,750.
| Term in Years | Discount Points | Interest Rate | APR | Payment per $1,000 | Disclaimers |
|---|---|---|---|---|---|
| 30 | 0.000% | 6.125% | 6.141% | $6.08 | CC, DD, EE, FF, S |
| 1.000% | 5.875% | 5.984% | $5.92 | ||
| 2.000% | 5.625% | 5.826% | $5.76 | ||
| 15 | 0.000% | 5.5% | 5.525% | $8.17 | CC, DD, EE, FF, S |
| 1.000% | 5.25% | 5.43% | $8.04 | ||
| 2.000% | 5% | 5.334% | $7.91 |
- CC) Discount points are paid to buy down the interest rates and are calculated as a percentage of the loan amount.
- DD) Interest rate based on the above assumptions, and may be different than the rates displayed here. The interest rates, Annual Percentage Rates (APRs), discount points, and rebates shown are subject to change without notice.
- EE) Payment per $1,000 balance is based on the interest rate listed for the amortization term listed, and is rounded to the nearest cent. Example: for a 30 year, $750,000 conforming mortgage with zero-points and a fixed rate of 5.875%, multiply 750 x $5.92 for an approximate payment amount of $4,536.53 (loan amount ÷ $1,000 x payment example = payment amount). The monthly payment amount shown includes principal and interest, and does not include amounts for taxes and insurance premiums, if applicable. Your actual monthly payment will be higher if an escrow account is established or required. Private mortgage insurance (PMI) is required on mortgages that exceed 80% loan-to-value (LTV), and would also increase the payment amount.
- FF) All mortgage loans through Provident Credit Union are for homes in California only. Adequate property insurance required for the life of the loan. Flood insurance may be required. All loans subject to credit approval. Other restrictions may apply. Provident Credit Union NMLS #412725
- S) APR - Annual Percentage Rate. Your APR will vary based on your final loan amount and finance charges. Your actual payments are based on the interest rate, not the APR.
Fixed/Adjustable Mortgages
APRs are based on a loan amount of $550,000.
Rates are valid as of and are subject to change.
| Term in Years | Discount Points | Interest Rate | APR | Payment per $1,000 | Disclaimers |
|---|---|---|---|---|---|
| 3/330 Years | 0.000% | 5.5% | 5.539% | 5.68 | CC, DD, EE, FF, S |
| 1.000% | 5.25% | 5.569% | 5.52 | ||
| 5/530 Years | 0.000% | 5.75% | 5.712% | $5.84 | CC, DD, EE, FF, S |
| 1.000% | 5.5% | 5.708% | $5.68 | ||
| 7/2330 Years | 0.000% | 7.75% | 7.09% | $7.16 | CC, DD, EE, FF, S |
| 1.000% | 7.5% | 7.056% | $6.99 | ||
| 10/1030 Years | 0.000% | 7.75% | 7.274% | $7.16 | CC, DD, EE, FF, S |
| 1.000% | 7.5% | 7.203% | $6.99 |
Fixed Rate Super Jumbo Mortgages
APRs are based on a loan amount of $2,000,000. Amounts over $2,000,000 available.
| Term in Years | Discount Points | Interest Rate | APR | Payment per $1,000 | Disclaimers |
|---|---|---|---|---|---|
| 30 | 0.000% | 8.25% | 8.273% | $7.51 | CC, DD, EE, FF, S |
| 1.000% | 8.125% | 8.255% | $7.42 |
- CC) Discount points are paid to buy down the interest rates and are calculated as a percentage of the loan amount.
- DD) Interest rate based on the above assumptions, and may be different than the rates displayed here. The interest rates, Annual Percentage Rates (APRs), discount points, and rebates shown are subject to change without notice.
- EE) Payment per $1,000 balance is based on the interest rate listed for the amortization term listed, and is rounded to the nearest cent. Example: for a 30 year, $750,000 conforming mortgage with zero-points and a fixed rate of 5.875%, multiply 750 x $5.92 for an approximate payment amount of $4,536.53 (loan amount ÷ $1,000 x payment example = payment amount). The monthly payment amount shown includes principal and interest, and does not include amounts for taxes and insurance premiums, if applicable. Your actual monthly payment will be higher if an escrow account is established or required. Private mortgage insurance (PMI) is required on mortgages that exceed 80% loan-to-value (LTV), and would also increase the payment amount.
- FF) All mortgage loans through Provident Credit Union are for homes in California only. Adequate property insurance required for the life of the loan. Flood insurance may be required. All loans subject to credit approval. Other restrictions may apply. Provident Credit Union NMLS #412725
- S) APR - Annual Percentage Rate. Your APR will vary based on your final loan amount and finance charges. Your actual payments are based on the interest rate, not the APR.
HELOC & Second Mortgage Rates
HELOC
Minimum Draw of $15,000. Minimum Line Amount $25,000. APRs are based on a loan amount of $100,000.
Rates are valid as of and are subject to change.
| Loan | Max Amount | Term in Years | Max CLTV | Start Rate | APR | Max Rate | Margin | Payment per $1,000 | Disclaimers |
|---|---|---|---|---|---|---|---|---|---|
| Prime Plus HELOC | $ 200,000 | 10/15 | 70% | 8.000% | 8.000% | 14.000% | 0.75% | $6.67 | GG, HH, II, SSS, TT |
| Relationship HELOC | $ 200,000 | 10/15 | 70% | 7.750% | 7.750% | 13.750% | 0.50% | $6.46 | GG, GGG, HH, II, III, SSS, TT |
| 5-Year Fixed Prime Plus HELOC | $ 200,000 | 5/5/15 | 70% | 6.750% | 7.950% | 12.750% | 1.00% | $5.63 | GG, HH, II, SSS, TT, UU |
| 5-Year Fixed Relationship HELOC | $ 200,000 | 5/5/15 | 70% | 6.500% | 7.700% | 12.500% | 0.75% | $5.42 | GG, GGG, HH, II, III, SSS, TT, UU |
Second Mortgages
APRs are based on a loan amount of $100,000.
| Loan | Min Amount | Max Amount | Term in Years | Max CLTV | APR | Margin | Payment per $1,000 | Disclaimers |
|---|---|---|---|---|---|---|---|---|
| 5-Year Fixed Maximizer | $ 25,000 | $ 200,000 | 5 | 70% | 6.750% | 0% | $19.68 | GG, II, SSS, TT |
| 10-Year Fixed | $ 25,000 | $ 200,000 | 10 | 70% | 12.625% | 0% | $14.71 | GG, II, SSS, TT |
| 15-Year Fixed | $ 50,000 | $ 200,000 | 15 | 70% | 12.625% | 0% | $12.41 | GG, II, SSS, TT |
| 20-Year Fixed | $ 75,000 | $ 200,000 | 20 | 70% | 12.750% | 0% | $11.54 | GG, II, SSS, TT |
- GG) Applicable to all equity loans and lines: Single-family owner occupied California properties only. Provident will pay for title insurance, asset valuation (AVM), recording fees, credit report and flood certification on new lines of credit up to $200,000. Closing costs may be required for loans that require special handling, or rural properties. Subject to credit approval. Adequate property insurance required (may include flood insurance). There is a minimum $300 application deposit due at the time you submit your application which is refunded when the loan is funded. Products, rates, and terms subject to change without notice. Provident Credit Union NMLS #412725.
- GGG) The maximum rate (maximum annual percentage rate) cannot be more than 6% plus the “Start Rate.”
- HH) On lines of credit, figures separated by slashes are number of years. The first figure(s) is the initial draw period with interest-only payments. If three figures are present (i.e. for the 5-Year Fixed lines), the first is the initial fixed-rate draw period, and the second is the adjustable-rate draw period that follows that (both periods with interest-only payments). The last figure is fully amortized re-payment period with no further line advances available. $100 annual fee.
- II) CLTV = Combined Loan to Value ratio. This includes first mortgages and all subordinate liens. Consult your Mortgage Consultant for appraisal fees and other restrictions.
- III) Requires existing Provident first mortgage, direct deposit of payroll, or other qualifying account or product. Call for details.
- SSS) APR = Annual Percentage Rate. Subject to change without notice. Rates quoted are effective on date of publication.
- TT) Payment per $1,000 balance is based on the interest rate listed for the amortization term listed, and is rounded to the nearest cent.
- UU)
This is a variable rate loan that features a 5 year introductory interest rate. All subsequent rate adjustments are based on the Prime Rate as published in the Wall Street Journal plus a margin listed above.
Equity pays off
Use your home equity line of credit to pay off high interest debts or make home improvements.