Home Loan Rates

Security Service Federal Credit Union offers competitive mortgage and home equity loans in Texas, Colorado, and Utah.

 

Call to Apply

1-800-681-4466

 

Power Rate Rates1

Product Points APR† Rate as low as... Payment example
30-Year Power Rate Fixed * 0% 6.136% 6.000% $1109.17
20-Year Power Rate Fixed * 0% 5.801% 5.625% $1285.69
15-Year Power Rate Fixed * 0% 5.468% 5.250% $1487.17
10-Year Power Rate Fixed * 0% 5.560% 5.250% $1984.91
Rate may vary based on creditworthiness, underwriting, property, and other factors. Based on a $185,000 Loan Amount with an 80% LTV, and FICO>=740. Payment examples do not include taxes and insurance premiums; actual payment may be greater.

Power Mortgage Rates2

Product Points APR† Rate as low as... Payment example
30-Year Fixed * 0% 7.075% 7.000% $1230.81
20-Year Fixed * 0% 6.719% 6.625% $1392.96
15-Year Fixed * 0% 6.490% 6.375% $1598.86
10-Year Fixed * 0% 6.537% 6.375% $2088.89
*Rate may vary based on creditworthiness, underwriting, property, and other factors. Based on a $185,000 Loan Amount with an 80% LTV, and FICO>=740. Payment examples do not include taxes and insurance premiums; actual payment may be greater.

 

Adjustable Rate Mortgage

Product Points APR† Rate as low as... Payment example
10/1-Year Adjustable Rate Mortgage * 0% 6.079% 5.750% $1079.61
15/15-Year Adjustable Rate Mortgage * 0% 5.963% 5.875% $1094.34

*Based on a $185,000 Loan Amount with an 80% LTV, and FICO>=740. Payment examples do not include taxes and insurance premiums; actual payment may be greater. Rate and payment may increase after consummation and varies based on index and margin.

Adjustable Rate (10/1 ARM) - Primary or secondary owner occupied-residence, $185,000 loan amount, 80% Loan-to-Value, 2% annual adjustment and 5% over the lifetime of the loan.

Adjustable Rate (15/15 ARM) - Primary or secondary owner-occupied residence, $185,000 loan amount, 80% Loan-to-Value, 5% Rate Cap for one-time adjustment.

Jumbo Power Rates


Product Points APR† Rate as low as... Payment example
30-Year Power Rate Fixed Jumbo * 0% 6.107% 6.000% $4862.35
20-Year Power Rate Fixed Jumbo * 0% 5.764% 5.625% $5636.18
15-Year Power Rate Fixed Jumbo * 0% 5.421% 5.250% $6519.45
10-Year Power Rate Fixed Jumbo * 0% 5.494% 5.250% $8701.36
*Rate and term refinance only. Based on a $811,000 Loan Amount with an 80% LTV, 1% origination fee and FICO>=740. Payment examples do not include taxes and insurance premiums; actual payment may be greater. Jumbo mortgage loans are mortgages in excess of $726,200 up to a maximum of $3,000,000 per loan.

Jumbo Power Mortgage Rates


Product Points APR† Rate as low as... Payment example
30-Year Fixed Jumbo * 0% 7.039% 7.000% $5395.61
20-Year Fixed Jumbo * 0% 6.673% 6.625% $6106.43
15-Year Fixed Jumbo * 0% 6.433% 6.375% $7009.07
10-Year Fixed Jumbo * 0% 6.457% 6.375% $9157.24
*Rate and term refinance only. Based on a $811,000 Loan Amount with an 80% LTV and FICO>=740. Payment examples do not include taxes and insurance premiums; actual payment may be greater. Jumbo mortgage loans are mortgages in excess of $726,200 up to a maximum of $3,000,000 per loan.

Jumbo Adjustable Rate Mortgage Rates

Product Points APR† Rate as low as... Payment example
10/1-Year Adjustable Rate Mortgage Jumbo * 0% 5.869% 5.750% $4732.78
15/15-Year Adjustable Rate Mortgage Jumbo * 0% 5.929% 5.875% $4797.37

*Based on a $811,000 Loan Amount with an 80% LTV, and FICO>=740. Payment examples do not include taxes and insurance premiums; actual payment may be greater. Jumbo mortgage loans are mortgages in excess of $726,200 up to a maximum of $3,000,000 per loan. Rate and payment may increase after consummation and varies based on index and margin.

Adjustable Rate (10/1 ARM) Jumbo - Primary or secondary owner-occupied residence,$811,000 loan amount, 80% Loan-to-Value, 2% annual adjustment and 5% over the lifetime of the loan.

Adjustable Rate (15/15 ARM) Jumbo - Primary or secondary owner-occupied residence, $811,000 loan amount, 80% Loan-to-Value, 5% Rate Cap for one-time adjustment.

 

VA Loan Rates

Product Points APR† Rate as low as... Payment example
30-Year VA * 0% 7.239% 6.875% $1215.32
15-Year VA * 0% 7.082% 6.500% $1611.55

*Based on a $185,000 loan amount. Payment example includes funding fee, but does not include taxes and insurance. Actual payments will be higher. Available for purchases only. Loan amount subject to available VA entitlement; Visit www.va.gov/housing-assistance/home-loans/eligibility to learn about VA eligibility and entitlement.

 

FHA Loan Rates

Product Points APR† Rate as low as... Payment example
30-Year FHA * 0% 7.153% 6.875% $1215.32
15-Year FHA * 0% 6.945% 6.500% $1611.55

*Based on a $185,000 loan amount. Payment example includes mortgage insurance but does not include taxes and homeowners insurance. Actual payments will be higher. FHA loans require an upfront mortgage insurance premium (UFMIP), which may be financed or paid at closing. Monthly mortgage insurance premiums will apply. Available for purchases only.

 

 

Lot/Land Rates

Product Points APR† Rate as low as... Payment example
Land 15 YR Fixed * 0% 7.455% 7.250% $821.58
Lot 15 YR Fixed * 0% 6.948% 6.750% $796.42
* Based on a $90,000 Loan Amount with an 80% LTV and FICO>=740. Payment examples do not include taxes; actual payment may be greater.

 

 

Construction Loan Rates

Product Points APR† Rate as low as... Payment example
1XClose 30 YR Fixed * 0% 7.053% 7.000% $4173.93
1XClose 20 YR Fixed * 0% 6.693% 6.625% $4794.98
1XClose 15 YR Fixed * 0% 6.460% 6.375% $5597.32
* Based on a $621,000 Loan Amount with a 80% LTV and FICO>=740. Payment examples do not include taxes; actual payment may be greater.

 

 

Home Equity Rates

Product Years APR† Payment example
10-Year Fixed Home Equity 10 7.038% $872.66
15-Year Fixed Home Equity 15 7.082% $677.81
20-Year Fixed Home Equity 20 7.168% $589.23
Based on a $76,000 loan amount with up to 80% combined loan-to-value (CLTV). Estimated payment does not include taxes and insurance premiums; actual payment may be greater.

 

 

HELOC Rates

Product APR†
Home Equity LOC 5.990%
Home Equity LOC Interest Only 5.990%

†  APR = Annual Percentage Rate. The APR is accurate as of 5/19/23.

Mortgage interest rates are subject to change at any time and without notice based on market fluctuations. The rate and term offered to members may differ from the rates reflected above based on the credit limit and final loan-to-value.  

 

Federally insured by NCUA, NMLS #458903.  Membership eligibility required. Restrictions apply. Loan subject to credit approval. Financing available for properties in Texas, Colorado, and Utah. Minimum loan amounts may apply. Rates are based on the purpose of loan, loan to value, and credit score, so your rate may differ. Rates subject to change.

1. Power Rate offer borrower pays one percent (1%) origination fee, closing costs, prepaids, and reserves. Not available on all mortgage loan products and subject to change without notice. The program is not valid for FHA or VA loans. Closing costs may vary based on transaction.

2. Introductory interest rate and APR of 5.99% will apply for the first twelve (12) months following month of loan closing. After the introductory period, rate is variable and is based on the Prime Rate plus margin. For example, Home Equity LOC - Percentage of Balance the current rate would be 8.25% APR based on a combined LTV of 80% and credit limit of $100,000. Refer to Home Equity LOC – Percentage of Balance Early Disclosure for more information. Based on a Home Equity LOC - Interest-Only with a credit limit of $100,000 and CLTV of 80.00%, the interest rate and APR based on the current index and margin would be 8.25%.  Refer to Home Equity LOC – Interest-Only Early Disclosure for more information.  Learn more in the What You Should Know About Home Equity Lines of Credit brochure. 

3. The program offer to save up to $5,000 in select closing costs does not cover mortgage insurance, seller paid closing costs, discount points, or prepaids and reserves. The program is not valid for FHA or VA loans. Closing costs may vary based on transaction. If loan is closed or paid off within first 36 months of the term, member may be required to reimburse all or some of the closing costs incurred.

†  APR = Annual Percentage Rate. The APR is accurate as of 5/19/23.