Mortgage Rates
Fixed Mortgage Rates
| Description | Rates | APR | Payment per $1,000 | |
|---|---|---|---|---|
| 30 Year Fixed | 6.500%+ 0 points | 6.53% | $6.32 | Apply Now |
| 6.250% + 1 point | 6.38% | $6.16 | ||
| 6.000% + 2 points | 6.23% | $6.00 | ||
| 20 Year Fixed | 6.500% + 0 points | 6.55% | $7.46 | Apply Now |
| 6.250% + 1 point | 6.43% | $7.31 | ||
| 6.000% + 2 points | 6.30% | $7.16 | ||
| 15 Year Fixed | 6.250% + 0 points | 6.31% | $8.57 | Apply Now |
| 6.000% + 1 point | 6.22% | $8.44 | ||
| 5.750% + 2 points | 6.13% | $8.30 | ||
| 10 Year Fixed | 6.000% + 0 points | 6.09% | $11.10 | Apply Now |
Fixed Jumbo Mortgage Rates
Adjustable Rate Mortgages
Jumbo Adjustable Rate Mortgage
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
| Description | Term | Rates | APR | Payment per $1,000 | Maximum Loan Amount | |
|---|---|---|---|---|---|---|
| Home Equity Line of Credit | 7.000% | 7.000% | N/A | $250,000 | Apply Now | |
| Fixed Rate Home Equity Loans | 16-20 years | 7.500% | 7.500% | $8.06 | $250,000 | Apply Now |
| 11-15 years | 7.250% | 7.250% | $9.13 | $250,000 | Apply Now | |
| 6-10 years | 7.000% | 7.000% | $11.61 | $250,000 | Apply Now | |
| 1-5 years | 6.500% | 6.500% | $19.57 | $250,000 | Apply 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.