Home Loan Rates
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 01/31/2019
First Mortgage — Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rate | APR* |
| 10 years | 80% | 3.875% | 4.465% |
| 15 years | 80% | 4.00% | 4.41% |
| 20 years | 80% | 4.375% | 4.699% |
| 30 years | 80% | 4.50% | 4.737% |
Max $453,100. Some additional restrictions apply to loans over $453,100. No underwriting processing or origination fees. Refinancing your current Compass Community Credit Union loan requires a minimum cash out of $20,000.
First Mortgage — Non-Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rate | APR* |
| 15 years | 80% | 4.75% | 5.169% |
| 20 years | 80% | 5.125% | 5.548% |
| 30 years | 80% | 5.25% | 5.498% |
A $750 origination fee is required, along with third party costs. No pricing adjustments.
Closing costs? Zero. Uses? Unlimited. For a limited time, we are covering the appraisal fee and closing costs when you open a Home Equity Loan with us.**
**Appraisal fee and closing costs are waived with a minimum draw amount of $20,000. Loan or credit line must be open for a minimum of three years. Loan or credit line closed prior to three years of the open date is subject to reimbursement of all original waived fees which will be added to the payoff balance.
Home Equity Line of Credit — Owner Occupied
| Term | Max Loan-to-Value (LTV) | APR* as low as | |
| 7-year draw period 22-year repayment |
80% of appraised value less balance of First Mortgage |
4.50% |
Home Equity Line of Credit — Non-Owner Occupied
| Term | Max Loan-to-Value (LTV) | APR* as low as | |
| 7-year draw period 22-year repayment |
80% of appraised value less balance of First Mortgage |
5.00% |
Minimum line is $5,000, minimum advance is $500. Payments are amortized over 22 years with a minimum payment of $100. Variable Rate: Variable-adjusts every January 1st and July 1st. Index is the 1 Year-Treasury Bill plus margin rounded up to the nearest quarter percent. Maximum change per change date is 1.00%. Rate cap at 9.75% APR.
Home Equity Loan — Owner & Non-Owner Occupied
| Term | Max Loan-to-Value (LTV) | Rates as low as | |
| 15-year | 80% of appraised value less balance of First Mortgage |
6.500% 6.510% APR* |
Mobile Home Loan
| Max Term | Amount | APR* as low as |
| Up to 180 Months | $5,000–$15,000 | 10.00% |
| Up to 180 Months | $15,000 and greater | 9.50% |
All mobile homes must be located in a mobile home park and on a permanent foundation.
*APR – Annual Percentage Rate.
Rates subject to change without notice. Maximum loan-to-value ratio is 80% based on appraised value. 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 $100,000. 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.
