*$500 Appraisal fee waived on applications received during promotion period of 01/16/15–04/30/15.
**APR = Annual Percentage Rate. Mortgage Loan rates and terms effective 04/09/2015. Rates, terms, conditions, and availability are subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as a commitment to lend. Loans are subject to credit, income, and property appraisal. Other conditions and restrictions may apply. NLMS ID Number is 504297.For new purchase loans, the maximum loan-to-value ratio is 89% (PMI required). For refinance loans with cash out, the maximum loan-to-value ratio is 75% based on appraised value. All rates apply to single family dwellings that are owner occupied. The APR is based on loan amounts up to $417,000.00. The loan may be refinanced at any time. Closing costs, points and other fees may be associated with this loan.
‡Adjustable-Rate Mortgage programs: After the initial fixed rate period has expired, the applicable interest rate and monthly payments will be adjusted annually based upon movements of an interest rate index. The amount of the initial monthly payment is based on an interest rate which may be less than the sum of the current index plus margin. The APR on an Adjustable-Rate Mortgage may be lower than the mortgage rate. Based on current market conditions, the fully indexed rate (once adjusted) is calculated by combining the margin and associated mortgage index.
†This is an open-end line of credit secured by the equity in your home. The rate is variable and is based on The Wall Street Journal Prime Rate plus a margin of .25% to .50% depending on loan-to-value. The rate is adjustable monthly with a floor APR of 3.50% and a maximum APR of 18.00%. Fees associated with this loan: Appraisal fee and title fee varies; sufficient fire insurance is required and flood insurance if required. One time membership fee of $5 will be added to your loan for new loan members only.