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Somerset Federal Credit Union

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Fixed-Rate Mortgage

When you are looking to purchase or refinance a home, you need a mortgage solution that works with your budget. With a Fixed-Rate Mortgage, your monthly payments will be consistent and your rate will remain the same for the life of the loan!

Features:

  • Low rates
  • No points or hidden fees
  • Rate remains the same for the life of the mortgage
  • Up to 30 years to repay
  • All servicing done by the Credit Union
  • Minimum loan amount of $25,000

Upon approval you will need to open an account with the Credit Union and maintain a $5 minimum balance in the account for the life of the loan.

Rate-lock available at application for up to 45 days.

Rates/Terms are subject to change without notice.