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Mortgage Rates

Buying? Refinancing? Deer Valley Credit Union can help.
Come home to better mortgage rates.
DVCU's mortgage rates are structured to fit your budget and lifestyle, whether you're buying a home in Arizona, looking to refinance your current mortgage or wanting to tap into your home's equity.1

First Mortgage

To learn more, call 602.375.7300 to speak to a mortgage loan specialist.

  • Fixed2 and variable3 rate programs
  • 15 and 30 year terms available
  • Amount financed varies by program

Rates are current as of November 20, 2018 - Rates as low as:

Mortgage Product Annual Percentage Rate Points
30-Year Fixed Rate 4.68% No Points
15-Year Fixed Rate 4.28% No Points
5/1 ARM 4.51% No Points
Maximum Amount Varies based on program

Home Equity Lines of Credit

To learn more, call 602.375.7300 to speak to a mortgage loan specialist.

  • Payment amount 1.5% of balance outstanding
  • Ten year draw period and ten year repayment period
  • Up to 80% of appraised value available
  • Variable Rate Loan Product
  • Apply Now

Rates are current as of October 24, 2018 - Rates as low as:

FICO Scores To 80% Loan to Value Annual Percentage Rate
720+ Prime + 1.50% 6.75%
680-719 Prime + 2.00% 7.25%
640-679 Prime + 3.50% 8.75%
600-639 Prime + 5.50% 10.75%

Maximum amount: $350,000
Annual Percentage Rate: Minimum is 4.00% and Maximum is 18.00%
Draw period: Ten year draw period with a ten year repayment

  • Rates above reflect the Annual Percentage Rate (APR)
  • The index will be adjusted monthly as of the first day of each billing cycle following an index change
  • Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral condition. All loans subject to approval.
  • Closing costs can range from $200 to $800
  • No prepayment penalty
  • Property insurance is required and will be verified

Second Mortgage Loans

Rates are current as of July 11, 2018 - Rates as low as:

FICO Scores To 80% Loan to Value
720+ 6.14%
680-719 6.59%
640-679 7.69%
600-639 8.84%

Maximum amount: $350,000
Annual Percentage Rate: Minimum is 4.00% and Maximum is 18.00%

  • Rates above reflect the Annual Percentage Rate (APR)
  • Less than $5,000 - Up to 60 months
  • $5,000 - $14,999 - Up to 120 months
  • Greater than $14,999 - Up to 180 months
  • Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral condition. All loans subject to approval.
  • Closing costs can range from $200 to $800
  • No prepayment penalty
Disclosure

Membership is required.

APR=Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on credit worthiness, qualifications and collateral conditions. All loans are subject to approval. For a $200,000 loan with a 20% down payment at 4.68% APR for a 30 year term, the monthly payment would be $827.90 (excluding property tax and insurance); for a $200,000 loan with a 20% down payment at 4.28% APR for a 15 year term, the monthly payment would be $1,206.08 (excluding property tax and insurance). 1% Origination Fee may apply.

The initial payment on a 30 year, $200,000, five year adjustable-rate loan at 4.51% and 80% loan-to-value (LTV) is $ 811.65 with zero points due at closing. The Annual Percentage Rate (APR) is 4.51%. After the initial five years, the principal and interest payment will adjust. The index rate is based on daily one year Treasury Index with a margin of 1.85% in effect for the remaining 25 years and can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable and subject to change after five years.