Compass Community Credit Union offers some of the most competitive home loan rates in the Humboldt County area. Rates are updated regularly so be sure to bookmark this page.
Rates as of 10/27/2022
First Mortgage — Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rate | APR* |
| 30 years | 80% | 7.500% | 7.624% |
| 20 years | 80% | 7.125% | 7.282% |
| 15 years | 80% | 6.750% | 6.943% |
| 10 years | 80% | 6.375% | 6.644% |
$500 origination fee is required, along with third-party costs. Max $726,200. Some additional restrictions apply to loans over $726.200.
First Mortgage — Non-Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rate | APR* |
| 30 years | 80% | 8.500% | 8.632% |
| 20 years | 80% | 8.125% | 8.289% |
| 15 years | 80% | 7.750% | 7.949% |
| 10 years | 80% | 7.375% | 7.650% |
$1,000 origination fee is required, along with third-party costs. Max $726,200. Some additional restrictions apply to loans over $726,200.
*APR - Annual Percentage Rate. Rates subject to change without notice. All rates apply to single family dwellings located in the state of California. Third party costs are associated with these loans. The APR is based on a loan amount of $250,000. Loan approval subject to credit, income and property appraisal. Rate is not locked until final loan approval and offers may be withdrawn at any time. All terms and conditions are subject to change without notice.
Rates as of 12/04/2023
Home Equity Line of Credit — Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rate as low as |
| 7-year draw period 22-year repayment |
70% of the appraised value less balance of First Mortgage |
7.00% |
The minimum line is $25,000 with a maximum line of $150,000. The maximum loan-to-value ratio is 70% based on appraised value. Payments are amortized over 22 years with a minimum payment of $100. Variable Rate: Variable adjusts every January 1st and July 1st. The index is the weekly average yield on US Treasury Securities adjusted to a constant maturity of one (1) year plus margin rounded up to the nearest quarter percent. The maximum change per change date is 1.00%. Rate cap at 9.75% APR.
Home Equity Line of Credit — Non-Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rate as low as |
| 7-year draw period 22-year repayment |
65% of the appraised value less balance of First Mortgage |
7.50% |
The minimum line is $25,000 with a maximum line of $150,000. The maximum loan-to-value ratio is 65% based on appraised value. Payments are amortized over 22 years with a minimum payment of $100. Variable Rate: Variable adjusts every January 1st and July 1st. The index is the weekly average yield on US Treasury Securities adjusted to a constant maturity of one (1) year plus margin rounded up to the nearest quarter percent. The maximum change per change date is 1.00%. Rate cap at 9.75% APR.
