Every Illinois State Credit Union mortgage offers low closing costs and competitive rates. We are dedicated to working with you during the mortgage process, finding the right loan for you and delivering the best member service possible. Our team looks forward to working with you! Loan approval, interest rate and down payment required are based on creditworthiness, amount financed and ability to repay. Loans with less than 20% down will require mortgage insurance which could increase the monthly payment and the APR. A change in rate based on any risk factors will change the APR .
Program Name: 30 year fixed (Conforming) *
Rate: 6.750%
Points: 0.00%
APR: 6.846%
Program Name: 20 year fixed (Conforming) *
Rate: 6.625%
Points: 0.00%
APR: 6.750%
Program Name: 15 year fixed (Conforming) *
Rate: 6.250%
Points: 0.00%
APR: 6.402%
Program Name: 10 year fixed (Conforming) *
Rate: 6.125%
Points: 0.00%
APR: 6.310%
Program Name: Equity 80% Line of Credit**
Rate: 8.00%
Points: 0.00%
APR: 8.00%
Program Name: Rate Special Equity 80% Line of Credit***
Rate: 5.99%
Points: 0.00%
APR: 5.99%
Program Name: Equity 90% Line of Credit**
Rate: 9.00%
Points: 0.00%
APR: 9.00%
Program Name: Equity 80%
Rate: 8.00%
Points: 0.00%
APR: 8.00%
Program Name: Equity 90%
Rate: 9.00%
Points: 0.00%
APR: 9.00%
Calculate your monthly payment for fixed rate or adjustable rate loans.
Rates last updated 11/20/2024 and are subject to change without notice.
*Assumption: Loan Amount of $150,000, 80% loan to value, no cash out, credit score of 720 or over. Rates may vary based on credit score, loan purpose and loan to value ratio.
Closing Costs: Costs vary depending on the loan purpose, property location and escrow amounts but typically range between $1400 and $1700
**Line of Credit Loans are a variable rate loan, adjustable with Wall Street Journal Prime Rate. Rate adjusts semi-annually, January 1st and July 1st. Floor rate: 4% Ceiling Rate: 16%.
***Line of Credit Loans are a variable rate loan, adjustable with Wall Street Journal Prime Rate. Rate adjusts semi-annually, January 1st and July 1st. Floor rate: 4% Ceiling Rate: 16%. Current rate special good until July 1, 2025 and then variable with Prime Rate. CLTV up to 80%, credit score 640 or over, $250 early closure fee. Credit is subject to approval and certain restrictions and conditions apply.