Home Loans

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Mortgage

APR*: as low as 3.75%

Our mortgage loans cover 80% of the appraised value, up to $200,000.00. We offer a 15, 20, and 30 year term, all with a 5 year fixed rate. Closing fees are paid by the member. Need more than $200,000.00? Contact the credit union for more information. 

Home Equity Line of Credit

APR*: as low as 4.25%

This line of credit allows you to use the equity in your home to get cash! This is a revolving line of credit with a variable rate and a 15 year term. You may borrow 80-100% of the appraised value of your home. Our lowest rate is associated with borrowing 80% of value. The credit union will pay the first $300.00 of closing costs. For more information, please contact the Credit Union.

Payment example: A loan of $10,000.00 at 4.00% APR* would have 121 payments of $100.00 with a final payment of $87.50. If a loan is closed within 5 years, the member may be required to reimburse up to $300.00 of closing costs paid by the Fargo Public Schools Federal Credit Union.

Home Equity

APR*: as low as 3.50%

This loan allows you to use the equity in your home to get cash! This is a closed-end loan. You may borrow up to 80-100% of the appraised value of your home on a 5 year fixed rate. The credit union will pay the first $300.00 of closing costs. Our lowest rate is associated with borrowing 80% of value. For more information, please contact the Credit Union.

Payment example: A typical loan of $10,000.00 at 3.50% APR* would have 60 payments of $181.95. If a loan is closed within 5 years, the member may be required to reimburse up to $300.00 of closing costs paid by the Fargo Public Schools Federal Credit Union.


Share Secured

APR*: 3.00%

These loans are secured with shares deposited at the credit union. For more information, please contact the Credit Union.
 

*Annual Percentage Rate. Rates subject to change without notice. Rates current as of March 18, 2019. Terms and conditions may vary.