The Meritrust Credit Union is now offering mortgage rates to its members. With a variety of mortgage options, Meritrust Credit Union makes it easy for members to find the best rate for their financial needs. Whether you’re looking for a fixed-rate mortgage or an adjustable-rate mortgage, Meritrust Credit Union has something for you.
As a member of Meritrust Credit Union, you can take advantage of the competitive rates offered. The current mortgage rates for Meritrust Credit Union are as follows:
Fixed-Rate Mortgages
The fixed-rate mortgage offered by Meritrust Credit Union is a great choice for those who want to lock in their monthly payments over the course of the loan. With a fixed-rate mortgage, you can be sure of the exact monthly payment amount for the life of the loan. The current fixed-rate mortgages offered by Meritrust Credit Union are as follows:
- 30-year fixed rate mortgage: 3.99% APR.
- 20-year fixed rate mortgage: 3.75% APR.
- 15-year fixed rate mortgage: 3.50% APR.
- 10-year fixed rate mortgage: 3.25% APR.
Adjustable-Rate Mortgages
The adjustable-rate mortgage offered by Meritrust Credit Union is a great choice for those who want to take advantage of the current low rates. With an adjustable-rate mortgage, the interest rate will adjust periodically, usually every year. The current adjustable-rate mortgages offered by Meritrust Credit Union are as follows:
- 5/1 ARM: 3.25% APR.
- 7/1 ARM: 3.50% APR.
- 10/1 ARM: 3.75% APR.
The adjustable-rate mortgages offered by Meritrust Credit Union are a great way to save money in the short-term. However, they do come with the risk of the interest rate increasing in the future, so it is important to be aware of the potential risks associated with an adjustable-rate mortgage.
Other Mortgage Options
In addition to fixed-rate and adjustable-rate mortgages, Meritrust Credit Union also offers a variety of other mortgage options. These include:
- FHA loans
- VA loans
- USDA loans
- Jumbo loans
- Home equity loans
- Home equity lines of credit
These mortgage options can help you purchase a home, refinance an existing loan, or access the equity in your home. Meritrust Credit Union can help you find the best option for your financial needs.
Conclusion
Meritrust Credit Union offers competitive mortgage rates for its members. Whether you’re looking for a fixed-rate or an adjustable-rate mortgage, Meritrust Credit Union has something for you. Additionally, Meritrust Credit Union also offers a variety of other mortgage options, such as FHA, VA, USDA, Jumbo, and home equity loans. Meritrust Credit Union can help you find the best mortgage option for your financial needs.
