Save money with a fast track mortgage
Looking to put your mortgage in the fast lane? MMFCU can help you do it with Fast Track. Fast Track is a fixed home equity loan secured as a first lien on the property.
- Check your rate below
- Choose your term from 5 – 12 years
- Low closing costs*
Want to take advantage? Apply online (click on “Apply for a Loan Here” to get started)
Have questions? Give us a call at 800.940.9466 or send us an email. Our friendly and knowledgeable staff is here to help!
| Term | Nominal Rate | APR | Payment per $1000 borrowed |
|---|---|---|---|
| Fixed Rate Mortgages | |||
| 30 Year Fixed - 0 Points | 7.750% | 7.785% | $7.16 |
| 30 Year Fixed - 1 Point | 7.375% | 7.515% | $6.91 |
| 30 Year Fixed - 2 Points | 7.125% | 7.367% | $6.74 |
| 20 Year Fixed - 0 Points | 7.625% | 7.706% | $8.14 |
| 15 Year Fixed - 0 Points | 7.625% | 7.661% | $9.34 |
| 15 Year Fixed - 1 Point | 7.000% | 7.205% | $8.99 |
| 15 Year Fixed - 2 Points | 6.500% | 6.870% | $8.71 |
| Fast Track Mortgage Refinance | |||
| 12 Years | 6.375% | 6.470% | $9.95 |
| 11 Years | 6.250% | 6.353% | $10.49 |
| 10 Years | 6.125% | 6.236% | $11.16 |
| 9 Years | 6.000% | 6.122% | $12.01 |
| 8 Years | 5.875% | 6.010% | $13.08 |
| 7 Years | 5.750% | 5.902% | $14.49 |
| 6 Years | 5.675% | 5.850% | $16.42 |
| 5 Years | 5.500% | 5.708% | $19.10 |
IMPORTANT INFORMATION ABOUT THIS PROGRAM
*APR=Annual Percentage Rate. Annual Percentage Rate listed is our best rate. Rates are subject to change at any time and without notice. $500 closing costs payable by borrower. An additional appraisal fee of $350 – $400 at borrower’s expense may also be required. Maximum combined loan-to-value of 60% based on Automated Valuation Model or 75% loan-to-value on appraised value. Some states (NY & FL, for example) require borrowers to pay a mortgage tax when closing a loan secured by real estate. Please contact the local municipality or county for more information. Not available for purchase money. Refinance only. Minimum loan amount of $25,000. Maximum loan amount of $200,000. Other restrictions and fees may apply.
