Home Loan Rates
HOME LOANS | RATE | TERM |
---|---|---|
Construction Loan -Interest Only | 7.25% | 1 year |
Home Improvement Loan | 5.99% | 1-10 years |
Home Equity Line of Credit | *WSJ Prime + 2.00% | 5-15 years |
Rates quoted "as low as" and subject to change according to your credit. |
Mortgages
We offer fixed rate mortgages for your new home or to refinance your existing home. With a fixed rate mortgage, your monthly payment is the same during the life of the loan. Want to have your home custom built, ask about our Construction Mortgage.
Home Equity Lines of Credit
A Home Equity Line of Credit is a variable rate loan that may adjust . Rates as low as 6.00% *APR as a floor and a maximum *APR of 18.00%, and subject to change based on individual credit score. The amount of the line is based on the equity in your home, less your first mortgage balance, up to 80% loan to value and subject to credit approval. Closing cost range from $250 to $1500 (subject to change) to cover the cost of appraisal, title, and other fees. As you make monthly payments, the credit line becomes available again for your use.
*APR=Annual Percentage Rate
Home Improvement Loans
Sometimes you have a small project or home upgrade and you need a loan that is quick and easy. We have options that cover many of the small projects you are looking to make on your home.
Contact Ashley Cousino at our South Burlington Office at 802-864-6892, ashley@greenmountaincu.com OR Patricia Robbins at our Barre Office at 802-522-1001, patti@greenmountaincu.com for more information or to pre-qualify for your mortgage loan.