With UCCU’s low interest rates and mortgage insurance rates, you could qualify for up to 14% more house than you could with other local lenders! Here’s how:
LOWER INTEREST RATES
UCCU’s rates are just plain lower than the competition. An independent survey on 10/21/2016 of 30 lenders in our market showed that UCCU’s 30 year fixed rate mortgage was 0.375% lower than the group’s median interest rate.
LOWER MORTGAGE INSURANCE
When your down payment is less than 20%, you are typically required to pay for mortgage insurance. This can be a significant monthly expense that gets added into your payment. UCCU receives lower mortgage insurance rates than banks and mortgage companies, which can make a big difference in your monthly payment.
Call 801-223-7640 to speak to a mortgage expert today!