Fixed mortgage rates	Rate	Annual Percentage Rate	Monthly Payments
15-year fixed	6.875%	7.179%	$1,605.34
20-year fixed	7.125%	7.372%	$1,409.08
30-year fixed	7.250%	7.441%	$1,227.92
30-year fixed - jumbo	7.000%	7.119%	$4,324.47

Maximum conventional loan is $726,200. Maximum jumbo loan is $2,000,000

Purchase loan scenario. Rates for refinance loans may be higher. Rates shown for the 15-, 20- and 30-year fixed mortgages assume a loan amount of $180,000 for a single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1% and a down payment of 25% or more. Loans with down payments of less than 20% may require mortgage insurance which could increase the APR. Payments provided above for the 15-, 20-, and 30-year fixed mortgages reflect an estimated property value of $240,000 and a loan amount of $180,000. Payments shown do not reflect amounts for taxes and insurance. The actual payment obligation will be greater.

Jumbo fixed

Purchase loan scenario. Rates for refinance loans may be higher. The rate shown for the Jumbo Fixed loan assumes a loan amount of $825,000 for a single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1% and a down payment of 25% or more. Loans with a down payment of less than 20% may require mortgage insurance which could increase the APR. Payments provided above for the jumbo fixed reflect an estimated property value of $1,100,000 and a loan amount of $825,000. Payments shown do not reflect amounts for taxes and insurance. The actual payment obligation will be greater.

5/5 ARM rates	Rate	Annual percentage rate	Monthly payments
5/5 ARM	7.125%	8.043%	$1,212.69
5/5 ARM - jumbo	6.875%	7.869%	$4,270.04

Maximum 5/5 ARM loan amount is $766,550. Maximum jumbo loan is $2,000,000.

5/5 ARM

Purchase loan scenario. Rates for refinance loans may be higher. The rate shown for the 5/5 adjustable rate mortgage (ARM) assumes a loan amount of $180,000 for a single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1% and a down payment of 25% or more. Loans with down payments of less than 20% may require mortgage insurance which could increase the APR. Payments provided above for the 5/5 ARM reflect an estimated property value of $240,000 and a loan amount of $180,000. Payments shown do not reflect amounts for taxes and insurance. The actual payment obligation will be greater.

In addition, adjustable rate mortgage (ARM) rates and payments are subject to change during the term of the loan.

Jumbo 5/5 ARM

Purchase loan scenario. Rates for refinance loans may be higher. The rate shown for the jumbo 5/5 adjustable rate mortgage (ARM) assumes a loan amount of $825,000 for a single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1% and a down payment of 25% or more. Loans with down payments of less than 20% may require mortgage insurance which could increase the APR. Payments provided above for the jumbo 5/5 ARM reflect an estimated property value of $1,100,000 and a loan amount of $825,000. Payments shown do not reflect amounts for taxes and insurance. The actual payment obligation will be greater.

In addition, adjustable rate mortgage (ARM) rates and payments are subject to change during the term of the loan.

Mortgage rates	Rate	Annual percentage rate	Monthly payments	Balloon payment
20-year fixed w/10-year balloon	6.875%	6.995%	119 payments of $1,382.06	One final payment of $121,078.12

Additional 20-year fixed w/10-year balloon disclosures:

Maximum loan amount is $400,000.

The 10-year balloon mortgage allows for the amortization of payments over a 20-year period with a balance due in 10-years. The interest rate is fixed for the 10-year term of the loan, providing for monthly payments that do not change. At the end of the 10-years the balance remaining is due in full. Payments provided for the 20-year fixed with 10-year balloon mortgage reflect an estimated property value of $260,000 and a loan amount of $180,000 with a balloon payment due at the end of 10 years, a borrower credit score of 780 or higher. Payments shown above do not reflect amounts for taxes and insurance. The actual payment obligation may be greater.

Offer limited to first mortgage loans not currently financed by STCU. One-time offer per borrower, even if previous 10-year fixed rate home loan was paid off. Subject to certain conditions, payoff of STCU equity loans may qualify. Please ask your loan officer for details.

Construction mortgage rates	Rate	Annual percentage rate	Monthly payments
30-year fixed construction	7.375%	8.086%	$1,243.22
Adjustable rate construction	7.250%	8.176%	$1,227.92
Jumbo adjustable rate construction	7.250%	8.483%	$4,434.15
15-year fixed construction	7.000%	8.130%	$1,617.89

Maximum conventional loan is $766,550. Maximum jumbo loan is $2,000,000.

Fixed construction programs:

Rates shown for the 15- and 30-year fixed rate construction loan assume a loan amount of $180,000 for the construction of a single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1.50% and a down payment of 25% or more. Loans with down payments of less than 20% may require mortgage insurance which could increase the APR. Interest on the amount of credit outstanding during the construction period will be paid monthly. Payments provided above are for the 15- and 30-year fixed permanent phase of the loan and reflect an estimated property value of $240,000 with a loan amount of $180,000. Payments shown do not reflect amounts for taxes and insurance. The actual payment obligation will be greater.

Adjustable rate construction program

Rates shown for the 5/5 ARM construction loan assume a loan amount of $180,000 for the construction of a single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1.50% and a down payment of 25% or more. Loans with down payments of less than 20% may require mortgage insurance which could increase the APR. Interest on the amount of credit outstanding during the construction period will be paid monthly. Payments provided above are for the 5/5 ARM permanent phase of the loan and reflect an estimated property value of $240,000 with a loan amount of $180,000. Payments shown do not reflect amounts for taxes and insurance. The actual payment obligation will be greater.

In addition, adjustable rate mortgage (ARM) rates and payments are subject to change during the term of the loan.

Jumbo adjustable rate construction program

Rates shown for the jumbo 5/5 ARM construction loan assume a loan amount of $825,000 for the construction of a single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1.50% and a down payment of 25% or more. Loans with down payments of less than 20% may require mortgage insurance which could increase the APR. Interest on the amount of credit outstanding during the construction period will be paid monthly. Payments provided above are for the jumbo 5/5 ARM permanent phase of the loan and reflect an estimated property value of $1,100,000 with a loan amount of $825,000. Payments shown do not reflect amounts for taxes and insurance. The actual payment obligation will be greater.

In addition, adjustable rate mortgage (ARM) rates and payments are subject to change during the term of the loan.

GOVERNMENT LOANS:

Fixed rate FHA mortgage rates	Rate	Annual percentage rate	Monthly payments
30-year FHA fixed	6.500%	7.382%	$1,157.31

Maximum FHA loan varies based on the county in which the subject property is located.

Purchase loan scenario. Rates for refinance loans may be higher. Rates shown for the 30-year fixed rate FHA mortgages assume a loan amount of $179,950 for the purchase of a single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1% and a down payment of 3.5%. FHA loans require an upfront mortgage insurance premium (UFMIP) and monthly mortgage insurance premium. The UFMIP can be financed into the loan amount. Payments provided above for the 30-year fixed rate FHA mortgages reflect an estimated property value of $186,500 and an adjusted loan amount of $183,099. Payments are reflected with the UFMIP financed. Payments shown do not reflect amounts for the required monthly mortgage insurance premium, taxes, and insurance. The actual payment obligation will be greater.

Fixed rate USDA mortgage rates	Rate	Annual percentage rate	Monthly Payments
30-year USDA fixed	6.500%	7.109%	$1,149.21

Maximum USDA loan amount varies based on the county in which the subject property is located. Only available in qualified rural areas or communities.

Purchase loan scenario. Rates for refinance loans may be higher. Rates shown for the 30-year USDA fixed rate loans assume a loan amount of $180,000 for the purchase of a single-family primary residence, a borrower credit score of 780 or higher and an origination fee of 1%. USDA loans require a one time guarantee fee and monthly USDA annual fee premium. The guarantee fee can be financed into the loan amount. Payments provided above for the 30-year USDA fixed rate loans reflect an estimated property value of $180,000 and an adjusted loan amount of $181,818. Payments are reflected with the guarantee fee financed. Payments shown do not reflect amounts for the required monthly USDA annual fee premium, taxes and insurance. The actual payment obligation will be greater.

Fixed rate VA mortgage rates	Rate	Annual percentage rate	Monthly Payments
30-year VA fixed	6.625%	6.961%	$1,219.85

Maximum VA loan varies based on the amount of the veteran’s entitlement.

Purchase loan scenario. Rates for refinance loans may be higher. Rates shown for the 30-year VA fixed rate mortgages assume a loan amount of $190,509 for the purchase a single-family primary residence, a borrower credit score of 780 or higher, with an origination fee of 1% and no down payment. VA loans require a VA funding fee. The funding fee can be financed into the loan amount. Payments provided above for the 30-year VA fixed rate mortgages reflect an estimated property value of $186,500 and an adjusted loan amount of $190,509. Payments are reflected with the funding fee financed. Payments shown do not reflect amounts for taxes and insurance. The actual payment obligation will be greater.

The rates, fees, and charges shown are effective Wednesday, April 24, 2024.

These rates are for some of our most popular products. Other rates and fees may apply as determined by the borrower's creditworthiness and the subject property's characteristics. Still other programs and financing options are available. Please consult our real estate department for specific products and their applicable terms, rates and fees.

Rates are subject to change without notice. In order to lock a rate, an application must be submitted and a rate lock request processed with a real estate loan officer. All loans are subject to approval.

For more information, please call STCU at (509) 326-1954 or toll-free at (800) 858-3750.

Equal Opportunity Lender