Featured Mortgage Loan Rates

Whether you are refinancing a home or making a purchase, our members get great rates.

 

I want to refinance my Spectrum Credit Union mortgage...

 

Already have a mortgage with us? Take the ‘Xpress’ and get a
lower rate!

Current Spectrum CU mortgage holders can take advantage of a streamline process, minimal fees, and our lowers rates. 

Take a look at our rates, and call us at 510-251-6010 or 888-750-4124 to get started!
 

Start Your Application

Learn More

 

 

 

 

I want to purchase a new home...

 

Our members have access to some of the best mortgage financing options available anywhere.

Whether you’re buying your first home or a retirement home, Spectrum Credit Union will help you find a mortgage solution that’s right for you. With customizable options and competitive interest rates, our mortgage packages are tough to beat.

Start your application now or learn more here. If you have any questions, call us at 510-251-6010 or 888-750-4124.
 

Start Your Application

Get Your Personalized Quote

 

 

 

 

 

I want to refinance my loan from another lender...

 

Interested in refinancing your mortgage from another lender? We can help.

Whether you want to lower your interest rate or change the terms of your loan, our mortgage team members can help you decide if a mortgage refinance is right for you.

Start your application now or learn more here. If you have any questions, call us at 510-251-6010 or 888-750-4124.
   

Start Your Application

Get Your Personalized Quote


 

 

 

 

Click the Rate or APR in the rate boxes above to obtain disclosures, payment examples, and additional information.

 

Contact our Home Loan Help Desk

How can we help you today?


 

* “Conforming” loan amounts are less than or equal to $548,250; $822,375 in AK and HI. “Jumbo” loan amounts are greater than $548,250; $822,375 in AK and HI.

0 point pertains to the "Origination Point Fee" and there may be other loan level pricing adjustment (LLPA) costs that still apply. These can be affected by the applicant's loan-to-value, credit score, cash-out, occupancy status, and other factors.


1. If a member with an existing Credit Union mortgage applies for a traditional or cash-out refinance of that mortgage between January 11 and May 31, 2021, the Credit Union will waive processing, closing, and application fees equal to $715. Third-party fees and taxes (such as transfer taxes and escrow and recording fees) will not be waived. 

If a member with an existing Credit Union mortgage requests an Xpress loan modification of that mortgage between January 11 and May 31, 2021, the Credit Union will waive the loan modification fee (which ranges from $1,500 to $4,000 depending on loan amount). 


Rate Assumptions

Annual Percentage Rates (APR) are calculated based on a loan amount of $548,250 for conforming loans, $822,375 for Jumbo loans. The amortization term for Adjustable Rate Mortgage (ARM) programs is 15 or 30 years.

Rates shown are for a credit score of 740 or better, purchase, one unit, owner-occupied property on a 45 day lock, based on an 80% or less loan to value ratio. Your rate may be different.

If down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR.

For adjustable-rate mortgages (ARMs), rates are subject to increase after consummation.

For the 7/6 months, 5/6 months, and 3/6 months ARM programs the interest rate is fixed for the initial 7, 5, or 3 years. After the initial fixed period, the rate will adjust every six months for the remaining term. 

Other amortization terms available.

Not all borrowers will qualify for all rates. Rates and terms are subject to change without notice. Limited to owner-occupied, one-to-four family units. Other restrictions on property may apply. Property insurance required. Flood insurance may be required.

Rates subject to change daily.

Rates are not guaranteed until locked.

Click here for the interest rate cap table.


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If you’re eligible for membership, we’re ready to hear from you. Not sure if you’re eligible? You can check if you qualify here.

Why join Spectrum Credit Union? Learn more.

From everyday finance to life’s big money moments, it’s better when you belong.