A fixed, low-rate, low-cost mortgage loan is designed to save you money. A shorter term mortgage loan gives you the ability to pay off your loan faster and save significant money on interest payments. Refinancing may also give you the option of extending the life of your loan, thereby reducing your monthly payment to free up cash for other expenses. Rates start as low as 3.37% (3.57% APR*)! As always, there is NEVER a pre-payment penalty for paying your loan off early.
Contact your local Ohio Catholic FCU branch or fill out the form below to get started!
*APR is Annual Percentage Rate. The advertised rates may vary based on your creditworthiness. Your rate may be higher depending on credit performance and Ohio Catholic’s lending policies. $25,000 minimum loan amount required and $250,000 maximum loan amount available. Maximum loan term is 180 months. Maximum loan to value is 80%. No prepayment penalty. This offer is available on owner occupied homes. Ohio Catholic FCU must be in the first lien position. Loans currently financed through Ohio Catholic cannot be refinanced with this offer. Must set-up an Ohio Catholic checking account with minimum $500/m direct deposit and payments must be auto-paid from an Ohio Catholic account in order to receive the promotional rate. Property insurance required. Flood insurance may be required in some areas. Ohio Catholic may discontinue or change program without notice. Application must be accepted and approved by May 31, 2017 to qualify. No other discounts or special offers can be combined with this offer. Loan must close within 30 days of approval. Any application submitted on or before April 1, 2017, is subject to a reapplication fee of $125 if the member would like to apply for the 10-Year promotional rate of 3.37% (3.57% APR). If you respond to this offer but do not meet the criteria for the loan at the time of your application or if you do not provide the required collateral, we may not be able to extend credit to you. Payment example: $75,000 for 10 years at a rate of 3.37% (3.57% APR with $699 closing costs) would result in a monthly Principal & Interest payment of $744.00. $75,000 for 15 years at a rate of 3.875% (4.01% APR with $699 closing costs) would result in a monthly Principal & Interest payment of $555.21.