Mortgage options

Choose your mortgage type

Everence Federal Credit Union offers fixed-rate and adjustable-rate mortgages to serve your needs, with terms up to 30 years.

Fixed-rate mortgages

  • Borrow up to 95 percent of the value of the property
  • Ideal for conventional properties or small residential investment properties
  • Competitively priced conventional interest rate products
  • Standardized residential mortgage documents and underwriting criteria allow for broader financial options
  • No pre-payment penalties
  • Taxes and insurance can be included in mortgage payment through an escrow account
  • Modular homes accepted
  • Unique options possible for each loan

Adjustable-rate mortgages

  • Low closing costs
  • Borrow up to 90 percent of the value of the property
  • 5/1, 5/5, 7/1 and 10/10 adjustable-rate mortgage rates are indexed from Wall Street Journal Prime
  • Property types
    We work with conforming, nonconforming and nonconventional properties
  • Flexible underwriting
    We understand that each borrower and every loan is unique
  • Stated assets
    For most requests, we do not verify assets other than the value of the property
  • No credit score
    We use many forms of nontraditional credit references
  • Servicing
    Everence Federal Credit Union does its own loan servicing, which allows for flexibility in term, payment options and other factors
  • Insurance requirements
    We accept all forms of Amish Aid and Mutual Aid policies

rates

Adjustable-rate mortgage rates

Adjustable-rate mortgage rates As low as1
5/1 ARM 3.49%
5/5 ARM 4.49%
7/1 ARM 3.99%
10/10 ARM 4.63%

Visit our mortgage center to create customized quotes based on your loan details.

 

Mortgage center

Apply for a mortgage

You can apply online for either type of mortgage.

Fixed-rate mortgage Adjustable-rate mortgage

Visit or call your local office for more information and assistance with selecting the right type of mortgage for you.

Everence Federal Credit Union

2160 Lincoln Highway E., Suite 20
Lancaster, PA 17602
T: (800) 451-5719
F: (717) 735-8331
E: infocu@everence.com

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Calculate

Calculate what your monthly
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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Disclosure

 Everence Federal Credit Union, NMLS #403410

Real estate loan rate: not quoted as APR; discount points and closing costs may be applicable. All rates are subject to credit score, loan program, loan-to-value ratio and property type.