Mortgage Loan Rates
Current Loan Rates Effective Tuesday, December 01, 2015
Print Friendly Version
Fixed Rate Mortgage Loans
Conventional fixed rate terms up to 30 years. Visit our Mortgage Center to obtain current rates/payment information.
Contact one of our Mortgage Loan Officers
Adjustable Rate Mortgage Loans
3/1 Adjustable Rate Mortgage2
Rate fixed for 3 years, adjusts annually thereafter 1% annual rate cap; Lifetime rate cap 4%. Visit our Mortgage Center to obtain current rates/payment information.
5/1 Adjustable Rate Mortgage2
Rate fixed for 5 years, adjusts annually thereafter 2% annual rate cap; Lifetime rate cap 5%. Visit our Mortgage Center to obtain current rates/payment information.
7/1 Adjustable Rate Mortgage
Rate fixed for 7 years, adjusts annually thereafter Initial adjustment cap 5%, annual cap thereafter 2%; Lifetime rate cap 5%. Visit our Mortgage Center to obtain current rates/payment information.
10/1 Adjustable Rate Mortgage
Rate fixed for first 10 years, adjusts annually thereafter Initial adjustment cap 5%, annual cap thereafter 2%; Lifetime rate cap 5%. Visit our Mortgage Center to obtain current rates/payment information.
Contact one of our Mortgage Loan Officers
Land Loans1
| Term |
Rates |
Points |
APR |
P&I
Payment
|
| 15 year fixed |
8.500% |
0 |
8.500% |
$1,230.92 |
New Mobile Homes (without land)3
| Term |
Rates |
Points |
APR |
P&I
Payment
|
| 20 year |
9.750% |
0 |
9.751% |
$379.41 |
| 15 year |
9.750% |
0 |
9.751% |
$423.75 |
Used Mobile Homes (without land)3
| Term |
Rates |
Points |
APR |
P&I
Payment
|
| 15 year |
10.250% |
0 |
10.251% |
$435.98 |
| 12 year |
10.250% |
0 |
10.251% |
$483.83 |
| 10 year |
10.250% |
0 |
10.251% |
$534.16 |
FHA/VA Loans4
Contact one of our Mortgage Loan Officers
Unless noted Private Mortgage Insurance is required with less than 20% down payment. The rates shown are based on average rates for our qualified members.
Mortgage interest rates are subject to change at any time and without notice based on market fluctuations. The rate and term offered to members may differ from the rates reflected above based on the credit history, final loan-to-value, and mortgage loan program.
New and Used Mobile Home loan without land, P&I Payment and Annual Percentage Rates (APRs) based on loan amount of $40,000; Private Mortgage Insurance not required; VyStar does not pay closing costs.
Special Note: Fixed rate products are not available for Jumbo and Condominium financing.
Jumbo mortgage loans are mortgages in excess of $417,000 up to a maximum of $3,000,000 per loan. Jumbo ARM rates are the same as the conventional ARM rate products. Jumbo financing is available up to 70% loan to value.
Mortgage loans for Condominiums are available up to $417,000. Condominium ARM rates are the same as the conventional ARM rate products. Condominium financing is available up to 75% loan to value.
Manufactured Home/Land (MH/Land) mortgages available up to $417,000. MH/Land fixed rates for 30yr, 25yr, 20yr and 15 year terms are 0.50% higher than conventional fixed rates. MH/Land for 10 year fixed rates are the same as the conventional fixed rates.
Mobile Home without land and Mortgage Loans are not eligible for the optional rate discount
1 Maximum LTV 80%. Annual Percentage Rates (APRs) based on $125,000 loan amount with VyStar paying closing costs up to $5,000 (excludes origination fee, discount points, prepaid interest, private mortgage insurance premium, home owner association fees, home inspections (including but not limited to Wood Destroying Organism, Roof and Structural Engineering), Condo document fees and/or monies necessary to fund the escrow account).
2 Not eligible for Manufactured Home/Land
3 Rates quoted are as low as
4 Rate changes daily-Call Mortgage Department for current rates.