2.99% APR*
Home Equity Line of Credit
Max Loan Amount $150,000
*Annual Percentage Rate (APR) effective 03/25/2021 and may change at any time. 2.99% rate is fixed for 12 months and variable thereafter. Variable APR equal to the Wall Street Journal Prime Rate (currently 3.25%), however APR shall never fall below 3.00%. Maximum APR is 18%. May require appraisal fee. Homeowner’s property insurance is required; flood and title insurance may be required. Offer available for 1–4 family, owner-occupied properties. Other rates and terms are also available for loans that do not meet these criteria, so please contact us. This program is available for a limited time only and may be withdrawn without notice. All loan requests are subject to credit approval. NMLS# 421594.
2.25% RATE
1–7 Years
2.429% APR*
2.50% RATE
8–15 Years
2.623% APR*
Miracle Melting Mortgage
Max Loan Amount $250,000
No Purchase or Refi | No Points
*2.25% /2.429% Annual Percentage Rate (APR) is effective 04/01/2021, is fixed for terms from 1–7 years and will result in monthly payments between $84.35 to $12.88 per $1,000 borrowed for the principal and interest depending on the term selected. 2.50% /2.623% Annual Percentage Rate is effective 04/01/2021, is fixed for terms from 8–15 years and will result in monthly payments between $11.50 to $6.67 per $1,000 borrowed for the principal and interest depending on the term selected. Valid for refinancing transactions and home purchases of owner-occupied, 1–4 family homes. Current Somerset Federal Credit Union mortgage customers refinancing must increase their existing balance by at least $25,000 or shorten their term by 20%. Payments may include escrow amount for taxes and flood insurance if needed, which will increase your monthly mortgage payments. Homeowner’s property insurance is required; flood and title insurance may be required. Offer available for loan amounts up to 70% of AVM (automated valuation model), with a minimum loan amount of $25,000 and a maximum loan amount of $250,000. Other rates and terms are also available for loans that do not meet these criteria, so please contact us. This program is available for a limited time only and may be withdrawn without notice. All loan requests are subject to credit approval. NMLS# 421594.
I sincerely appreciate the personalized experience we receive from all of the staff at SFCU, whether it be the person greeting you at the front door, the tellers, the staff that helps with notarizations, mortgages or wire transfers. I have dealt with all of these areas at the Credit Union and have always been assisted in a timely, friendly and helpful manner. It is by far the best bank/credit union I do and have ever done business with.
SFCU Member
Our Money Management Officer, Kassandra, was great to work with. I do not think she could do better.
SFCU Member
I was overall pleased with my experience. Jessica, our Money Management Officer, was easy going and very professional. She understood my circumstance, had compassion and a genuine, caring, pleasant persona for my situation.
SFCU Member
Our friend mentioned how great SFCU was to work with. The staff makes you feel welcome. Working with the mortgage team was great and very helpful.
SFCU Member
