It?s easy to become overwhelmed with the amount of mortgage options on the market today, especially for first-time home buyers. For people seeking a shorter-term loan with flexible terms, 15-year mortgage rates make a good choice. In the greater Washington, D.C., area, the IDB-IIC Federal Credit Union allows members the chance to lock into a 3.125% mortgage rate on its 15-year, fixed-rate loan.
IDB-IIC Federal Credit Union 15-Year Mortgage Rates: Terms and Conditions
The maximum amount for this fixed-rate mortgage is $1,250,000, with a loan-to-value ratio of 80%. Terms of this loan assume that borrowers will purchase an existing single-family home, at a property value of $625,000 and an estimated loan amount of $500,000, to be used as a primary residence. The 3.125% interest rate will not change over the course of its 15-year loan period.
About IDB-IIC Federal Credit Union
IDB-IIC Federal Credit Union is a not-for-profit, financial service cooperative owned by more than 8,000 members of the Inter-American Development Bank and Inter-American Investment Corporation community. Founded in 1961, its mission is simple and remains true to this day: working to strengthen its members? financial standing anywhere in their world.Find more 15-year mortgage rates.
Other Terms and Conditions may apply. Additionally, interest rates are based on the institution?s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
Nadia Comaneci Rebecca Soni Snoop Lion London 2012 Table Tennis badminton Dominique Dawes Gabby Olympic Gymnast
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.