Mortgage & Home Equity Loans
| Loan Type | Rate | APR* | Points (%) | Monthly Payment |
|---|---|---|---|---|
| First Mortgage - Conforming Amounts up to $806,500 |
As low as | As low as | Estimated per $100K | |
| Fixed Rate - 30 Years | 6.500% | 6.540% | 0.000 | $632.07 |
| Fixed Rate - 30 Years | 6.250% | 6.336% | 0.500 | $615.72 |
| Fixed Rate - 20 Years | 6.250% | 6.302% | 0.000 | $730.93 |
| Fixed Rate - 20 Years | 6.000% | 6.113% | 0.500 | $716.43 |
| Fixed Rate - 15 Years | 5.875% | 5.940% | 0.000 | $837.12 |
| Fixed Rate - 15 Years | 5.625% | 5.804% | 0.750 | $823.73 |
| Fixed Rate - 10 Years | 5.750% | 5.841% | 0.000 | $1,097.69 |
| Fixed Rate - 10 Years | 5.500% | 5.754% | 0.750 | $1,085.26 |
| First Mortgage - Jumbo Amounts up to $1,500,000 |
As low as | As low as | Estimated per $100K | |
| Fixed Rate - 30 Years | 6.625% | 6.640% | 0.000 | $640.31 |
| Fixed Rate - 30 Years | 6.375% | 6.449% | 0.625 | $623.87 |
| Fixed Rate - 20 Years | 6.500% | 6.520% | 0.000 | $745.57 |
| Fixed Rate - 20 Years | 6.250% | 6.348% | 0.625 | $730.93 |
| Fixed Rate - 15 Years | 6.375% | 6.400% | 0.000 | $864.25 |
| Fixed Rate - 15 Years | 6.125% | 6.247% | 0.625 | $850.62 |
| Home Equity Loan Amount up to $500,000 |
As low as | As low as | Estimated per $50K | |
| Fixed Rate - 10 Years | 7.240% | 7.612% | $586.75 | |
| Fixed Rate - 15 Years | 7.240% | 7.507% | $456.15 | |
| Home Equity Line of Credit (HELOC) Amount up to $500,000 |
As low as | |||
| Variable Rate - 15 Years | 7.500% APR* | |||
| Variable Rate - 25 Years | 7.500% APR* |
To apply for a First Mortgage Loan or a Home Equity Loan, click here.
To apply for a Home Equity Line-of-Credit, click here.
*APR = Annual Percentage Rate.
Advertised rates are effective as of July 1, 2025. Loan rates, terms and conditions are subject to change without notice.
All loans are subject to credit approval; not all will qualify. Certain fees, conditions and restrictions may apply. Property
Insurance required. For more information on these and other mortgage loan programs please contact the ILWU CU Real Estate
Loan Department.
First Mortgage: The rates and payments shown apply only in certain conditions and depend on several factors/assumptions. A
loan's final rate and APR will depend on financial market conditions, specific characteristics of the loan transaction, type of
property, and the applicant's credit profile. Loans with Loan-To-Value (LTV) ratios greater than 80% require Private Mortgage
Insurance (PMI) which will increase the APR and the monthly payment. The estimated payment examples shown above do not
include PMI, taxes, or insurance premiums. The actual payment obligation will be greater.
Home Equity Loan - Fixed Rate (closed-end): The rates and payments shown apply only in certain conditions and depend on
several factors/assumptions. A loan's final rate and APR will depend on financial market conditions, specific characteristics of the
loan transaction, type of property, and applicant's credit profile.
Home Equity Line of Credit (HELOC) - Variable Rate: Property insurance required. Maximum APR that will be charged during the life of the loan for an eight-year draw period plan or a ten-year draw period plan is 15%. Click here for details about other costs and other terms.
MINIMUM PAYMENT EXAMPLE - 15-YEAR TERM (EIGHT YEAR DRAW PERIOD PLAN): If you made only the minimum monthly payment and took no other credit advances it would take 15 years to pay off a credit advance of $10,000 at an ANNUAL PERCENTAGE RATE of 7.500%. During that period, you would make 179 payments of $93.01 and one (1) final payment of $91.55.
MINIMUM PAYMENT EXAMPLE – 25-YEAR TERM (TEN YEAR DRAW PERIOD PLAN): If you made only the minimum monthly payment and took no other credit advances it would take 25 years to pay off a credit advance of $10,000 at an ANNUAL PERCENTAGE RATE of 7.500%. During that period, you would make 299 payments of $74.16 and one (1) final payment of $66.12.
ILWU Federal Credit Union NMLS #450072. Mortgage Loan Originators