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.
- Choose your term from 5 – 12 years
- Low closing costs*
Want to take advantage? Apply online
Term | Nominal Rate | APR | Payment per $1000 borrowed |
---|---|---|---|
12 Years | 6.625% | 6.721%% | $10.08 |
11 Years | 6.500% | 6.603% | $10.62 |
10 Years | 6.375% | 6.487% | $11.29 |
9 Years | 6.125% | 6.247% | $12.07 |
8 Years | 6.000% | 6.135% | $13.14 |
7 Years | 5.875% | 6.028% | $14.55 |
6 Years | 5.750% | 5.926% | $16.46 |
5 Years | 5.625% | 5.833% | $19.16 |
*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.