Mortgage Rates

Fixed rate mortgage products are eligible for our First Time Home Buyer credit. For more information please contact our Mortgage Consultants or call the contact center at 781-784-7725 or toll free at 877-661-3300

Conventional Loan Amounts - Applications Received On or After January 1, 2025.

“On the House” Refinance Mortgage is a home equity loan secured as a first lien. *APR= Annual Percentage Rate. Your Annual Percentage Rate (APR), Term and Approved Loan Amount may vary based on your credit worthiness. Advertised APR is the lowest rate available. Not available for purchase money. Refinance only. No points, closing costs or attorney’s fees. Applicable Trust and Power of Attorney review and recording fees apply and are paid by the borrower. Other restrictions may apply. Fixed rate – terms 60 to 144 months and ARM – terms from 84 to 144 months. Payment does not include amounts for taxes and insurance premiums and, if required, the actual payment obligation will be greater.

For Fixed: Owner-occupied, 1-4 family residences and single unit condominiums only. Minimum loan amount of $25,000. Maximum loan amount of $500,000. Maximum combined loan-to-value of 80% based on assessed value (80% on appraised value). Property valuations or appraisal may be required. Appraisal required on loan amounts of $400,000 or greater. If required, applicable fees to be paid by the applicant. Existing Sharon & Crescent United Credit Union On The House Mortgage products are eligible for this promotion. 

For Jumbo Fixed and ARM: Owner-occupied, single family and single unit condominiums only. Minimum loan amount of $500,001 and maximum loan amount of $1,000,000. Maximum combined loan-to-value of 80% based on appraised value. Appraisal is required; applicable fees to be paid by the applicant. Existing Sharon & Crescent United Credit Union On The House Mortgage products are eligible for this promotion.

For 5/5 ARM: Owner-occupied, 1-4 family residences and single unit condominiums only. Adjustable Rate Mortgage (ARM) and their APRs are subject to increase after consummation. The APR is effective 7/31/2025 and is based on a $100,000 loan. Maximum adjustment cap per 5-year period is 2%; Lifetime adjustment cap is 4%. Based upon a 10 year term, initial 60 payments of $1,091.47 at a rate of 5.625% then, based on the current index, 59 payments of $1,118.00 at a rate of 6.625%, and 1 payment of $1,118.19 at a rate of 6.625%. Based upon a 12 year term, initial 143 payments of $1,008.50 at a rate of 6.625% then, based on the current index, 1 payment of $1,008.36.60 at a rate of 6.625%. Maximum combined loan-to-value of 80% based on assessed value (80% on appraised value). Property valuations or appraisal may be required. Appraisal required on loan amounts of $400,000 or greater. If required, applicable fees to be paid by the applicant. Existing Sharon & Crescent United Credit Union On The House Mortgage products are eligible for this promotion. The Index for the 5/5 ARM is the average weekly yield for a 5-Year Constant Maturity Treasuries with a Margin of 2.75%.

For 5/5 Jumbo ARM: Owner occupied, 1 family residences and single unit condominiums only. Adjustable Rate Mortgage (ARM) and their APRs are subject to increase after consummation. The APR is effective 6/26/2025 and is based on a $750,000 loan. Maximum adjustment cap per 5-year period is 2%; Lifetime adjustment cap is 4%. The Index for the 5/5 ARM is the average weekly yield for a 5-Year Constant Maturity Treasuries with a Margin of 2.75%.

Based upon a 10 year loan, initial 60 payments of $8,186.00 at a rate of 5.625%, then based on the current index, 59 payments of $8,365.05 at a rate of 6.625%, and 1 payment of $8,384.83 at a rate of 6.625%. 

Based upon a 12 year loan, initial 143 payments of $7,563.75 at a rate of 6.625%, then based on the current index, 1 payment of $7,563.36 at a rate of 6.750%. 

For more information please contact our Mortgage Consultants or call the contact center at 781-784-7725 or toll free at 877-661-3300

Conventional Loan Amounts - Applications Received On or After January 1, 2025.

Offered Rates and Terms are subject to change without notice. Call for current rates. Offer available on owner occupied, 1-4 family residences only. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and insurance premiums if applicable. Property insurance and flood insurance, if applicable, are required. Membership eligibility requirements apply. Other restrictions may apply.

*APR= Annual Percentage Rate. Adjustable Rate Mortgage (ARM) and their APRs are subject to increase after consummation.

The APR is effective 12/26/2024 and is based on a $100,000 loan with 20% down payment and no points on a 30-year term. Interest rate and monthly payments are fixed for the initial term and then adjust thereafter by a margin over the index. Monthly payments shown do not include amounts for taxes and insurance premiums and, if applicable, the actual payment obligations will be greater. The Index for the 3/1 ARM, 5/1 ARM, 7/1 ARM, 10/1 ARM and 15/1 ARM is the average weekly yield for 1-Year Constant Maturity Treasuries with a Margin of 2.75%, a 2% adjustment cap and a 6% lifetime cap. The Index for the 5/5 ARM is the average weekly yield for a 5-Year Constant Maturity Treasuries with a Margin of 2.75%, a 2% adjustment cap and a 5% lifetime cap.

For more information please contact our Mortgage Consultants or call the contact center at 781-784-7725 or toll free at 877-661-3300

Offered Rates and Terms are subject to change without notice. Call for current rates. Offer available on owner occupied, 1-4 family residences only. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and insurance premiums if applicable. Property insurance and flood insurance, if applicable, are required. Membership eligibility requirements apply. Other restrictions may apply.

For more information please contact our Mortgage Consultants or call the contact center at 781-784-7725 or toll free at 877-661-3300

*APR= Annual Percentage Rate. Jumbo Adjustable Rate Mortgages and their APRs are subject to increase after consummation. The APR is effective 1/1/2025 and is based on a $807,000 loan with 20% down payment and no points on a 30-year term. Interest rate and monthly payments are fixed for the initial term and then adjust thereafter by a margin of 2.75%, a 2% adjustment cap and a 6% lifetime cap. The index for the 3/1 ARM, 5/1 ARM, 7/1 ARM, 10/1 ARM and 15/1 ARM is the average weekly yield for a 1-Year Constant Maturity Treasuries. The index for the 5/5 ARM is the average weekly yield for a 5-Year Constant Maturity Treasuries with a margin of 2.75%, a 2% adjustment cap and a 5% lifetime cap.