| Affordable Mortgage Programs - fixed and adjustable rate
VyStar offers a full range of competitive fixed- and adjustable-rate mortgage loans with a variety of terms and low closing costs. All of our escrow accounts earn interest and we service all of the loans we make. This means you won't have to worry about whom to make your mortgage check payable to - you'll always pay VyStar Credit Union. Fixed Rate Mortgages: Our fixed rate mortgages have rates that do not change over the life of the loan so if interest rates should increase, it does not affect the borrower. You'll also have the security of knowing exactly how much you will be paying each month for principal and interest. You may select a term of 10, 15, 20, 25, 30 or 40 years. Adjustable Rate Mortgages (ARMs): Our ARMs are stated in terms of how the interest rate on the mortgage changes over the term of the loan. For example, our 3/1 ARM has a fixed rate of interest for the first three (3) years and then adjusts each (1) year after that. The term can be either 15 or 30 years. We have a large variety of ARMs including a 7/23 ARM that adjusts only once during the life of the mortgage (at the seventh year). Because home ownership is important to our members, we offer special programs for different types of financing needs. And you can get an even lower rate by paying “points.” Paying points up-front in many cases will result in a lower interest rate. There are many alternatives to consider when deciding which mortgage is right for you:
We can also save you money. When you finance your home through VyStar, you don't have to pay intangible taxes at closing, and our origination fees are normally lower than those of most other lenders. Your dream home can be your reality when you consult with the helpful mortgage representatives at VyStar. |
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 MORTGAGE CENTER:
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Credit & Lending Center
- Routing Number 263079276 | VyStar Credit Union P.O.Box 45085 Jacksonville FL 32232 | 904-777-6000 or 800-445-6289