Mortgage Rates

Fixed Mortgage Rates

DescriptionRatesAPRPayment per $1,000 
30 Year Fixed5.990%+ 0 points6.03%$5.99Apply Now
5.740% + 1 point5.87%$5.83
5.490% + 2 points5.71%$5.67
20 Year Fixed5.990% + 0 points6.04%$7.16Apply Now
5.740% + 1 point5.91%$7.02
5.490% + 2 points5.78%$6.87
15 Year Fixed5.875% + 0 points5.93%$8.37Apply Now
5.625% + 1 point5.84%$8.24
5.375% + 2 points5.74%$8.10
10 Year Fixed5.750% + 0 points 5.83%$10.98Apply Now

Fixed Jumbo Mortgage Rates

DescriptionRatesAPRPayment per $1,000 
15 Year Fixed Rate 5.875% + 0 points5.92%$8.37Apply Now
5.625% + 1 Point5.82%$8.24
5.375%+ 2 Points5.73%$8.10
10 Year Fixed Rate 5.750% + 0 points 5.81%$10.98Apply Now

Adjustable Rate Mortgages

DescriptionInterest Rate# of Fixed Monthly PaymentsAPRPayment per $1,000Fully Indexed Rate# of Monthly PaymentsPayment per $1,000 
7/1 Year6.250%846.52%$5.686.625%360$5.93Apply Now
5/1 Year6.250%606.56%$5.686.625%360$5.94Apply Now
10/1 Year6.750%1206.76%$5.686.625%360$5.92Apply Now

Jumbo Adjustable Rate Mortgage

DescriptionInterest Rate# of Fixed Monthly PaymentsAPRPayment per $1,000Fully Indexed Rate# of Monthly PaymentsPayment per $1,000 
7/1 Year 6.250%846.51%$5.686.625%360$5.93Apply Now
5/1 Year 6.250%606.56%$5.686.625%360$5.94Apply Now
10/1 Year 6.750%1206.76%$5.686.625%360$5.92Apply Now

Additional Mortgage Information

APR = Annual Percentage Rate. QCU is allowed to make mortgage loans on properties located in Massachusetts, Connecticut, Maine, New Hampshire, New York, Rhode Island or Vermont. Maximum LTV is 95% on purchases and 80% on refinances.

Maximum Conventional Loan Limits for Norfolk and Plymouth counties: 1 Unit $806,500, 2 Units $1,032,650, 3 Units $1,248,150, 4 Units $1,551,250. Maximum Jumbo Loan Limits $1,000,000. Other rates and terms may apply, call for details.

ARM = Adjustable Rate Mortgages (ARMS) and their APRS are subject to increase after consummation. Rate based on the 3, 5 and 7 year U.S. Treasury Bill with a margin of 2.75%. There is a 2.00% cap per adjustment and a lifetime cap of 6.00%.
 

*These products are only available to qualifying members of Quincy Credit Union

Home Equity Rates

DescriptionTermRatesAPRPayment per $1,000Maximum Loan Amount 
Home Equity Line of Credit7.000%7.000%
N/A$250,000Apply Now
Fixed Rate Home Equity Loans 16-20 years7.500%7.500%$8.06$250,000Apply Now
11-15 years7.250%7.250%$9.13$250,000Apply Now
6-10 years7.000%7.000%$11.61$250,000Apply Now
1-5 years6.500%6.500%$19.57$250,000Apply Now

Additional Home Equity Information

Variable Annual Percentage Rate for HELOC based on The Wall Street Journal Prime Rate (7.50% effective as of 12/18/2024) minus 0.50% as published on the last business day of each month.  Maximum APR 18.00% Minimum Floor Rate 3.50%

Maximum loan amount is $250,000.  Homeowners insurance is required. Flood insurance may be required. Loan-to-value not to exceed 80%. Not available for homes currently for sale or to be sold within 6 months of closing.

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