Home Loan Rates

First Mortgage and Home Equity Loan Rates

First Mortgages

Fixed Home Equity Loans
Home Equity Loans²	Term	APR Range*
²Home Equity Loans and Home Equity Lines of Credit: Financing available on homes in WA, OR or ID. A $525 early closure fee is applied if the loan is closed within the first 24 months. Maximum loan amount is determined by the amount of equity in your home. Home equity line of credit has a variable rate based on Prime, as published in the Wall Street Journal, and subject to change during the term of the loan. The minimum APR is 3.99% and the maximum APR is 18%. Most home equity loans qualify for deductible interest. Consult your tax advisor for details. Homeowners insurance is required. For 81% to 90% of appraised value, borrow up to $50,000 maximum for Home Equity loans and Home Equity Lines of Credit. Non-owner occupied Fixed Home Equity Loans: maximum LTV 70% with a maximum loan amount of $150,000. Non-owner occupied HELOC rates: Prime +2% to Prime +4% APR; maximum LTV 70% with a maximum loan amount of $150,000. 120 payments of $12.07 per $1000 borrowed at 7.89% APR. Actual APR based on credit worthiness. Rate is based on 80% LTV or less. Some fees may apply. Payment examples do not include taxes and insurance. The actual payment obligation may be greater. Taxes and insurance will be paid by homeowner. Rates and fees are subject to change. Please check with your local branch, or call 800.562.8130 with questions.
Home Equity Loans² Up to 70% LTV	Term 5, 10 or 15 Years	APR Range* 6.24% – 9.87%
Home Equity Loans² Up to 80% LTV	Term 5, 10 or 15 Years	APR Range* 7.24% – 9.64%
Home Equity Loans² Up to 90% LTV	Term 5 or 10 Years	APR Range* 8.99% – 9.64%

Express Home Equity Mortgages
	Term	APR Range*
¹Express Home Equity Mortgage Loan: No fees, no closing costs except appraisal if needed. Homeowners insurance is required. A $525 early closure fee is applied if the loan is closed within the first 24 months. Borrow up to 75% of appraised value. Sound Credit Union will be in first lien position. Maximum loan amount of $249,999. Taxes and insurance will be paid by the homeowner. Financing available on homes in WA, OR or ID. 120 payments of $11.50 per $1000 borrowed at 6.79% APR. Rate is based on 75% LTV or less. Rates and fees are subject to change. Please check with your local branch, or call if we can answer any questions.
Express Home Equity Mortgage¹	Term 5,7,10,12 or 15 years	APR Range* 6.29% – 7.54%

Green Fixed Home Equity Loans
Home Equity Loans³	Term	APR Range*
³Home Equity Loans and Home Equity Lines of Credit: Financing available on homes in WA, OR or ID. A $525 early closure fee is applied if the loan is closed within the first 24 months. Maximum loan amount is determined by the amount of equity in your home. Home equity line of credit has a variable rate based on Prime, as published in the Wall Street Journal, and subject to change during the term of the loan. The minimum APR is 3.99% and the maximum APR is 18%. Most home equity loans qualify for deductible interest. Consult your tax advisor for details. Homeowners insurance is required. At least 51% of net proceeds from loan must be used for acceptable energy efficient improvements. For 81% to 90% of appraised value, borrow up to $50,000 maximum for Home Equity loans and Home Equity Lines of Credit. Non-owner occupied Fixed Home Equity Loans: maximum LTV 70% with a maximum loan amount of $150,000. Non-owner occupied HELOC rates: Prime +2% to Prime +4% APR; maximum LTV 70% with a maximum loan amount of $150,000. 120 payments of $11.94 per $1000 borrowed at 7.64% APR. Rate is based on 80% LTV or less. Actual APR based on credit worthiness. Some fees may apply. Payment examples do not include taxes and insurance. The actual payment obligation may be greater. Taxes and insurance will be paid by homeowner. Rates and fees are subject to change. Please check with your local branch or call 800.562.8130 with questions.
Home Equity Loans³ Up to 70% LTV	Term 5, 10, or 15 Years	APR Range* 5.99% – 9.62%
Home Equity Loans³ Up to 80% LTV	Term 5, 10, or 15 Years	APR Range* 6.99% – 9.64%
Home Equity Loans³ Up to 90% LTV	Term 5 or 10 Years	APR Range* 8.74% – 9.39%

Fixed Home Equity Loans (Non-owner Occupied)
Home Equity Loans⁴	Term	APR Range
⁴Home Equity Loans and Home Equity Lines of Credit: Financing available on homes in WA, OR or ID. A $525 early closure fee is applied if the loan is closed within the first 24 months. Maximum loan amount is determined by the amount of equity in your home. Home equity line of credit has a variable rate based on Prime, as published in the Wall Street Journal, and subject to change during the term of the loan.The minimum APR is 3.99% and the maximum APR is 18%. Most home equity loans qualify for deductible interest. Consult your tax advisor for details. Homeowners insurance is required. For 81% to 90% of appraised value, borrow up to $50,000 maximum for Home Equity loans and Home Equity Lines of Credit. Non-owner occupied Fixed Home Equity Loans: maximum LTV 70% with a maximum loan amount of $150,000. Non-owner occupied HELOC rates: Prime +2% to Prime +4% APR; maximum LTV 70% with a maximum loan amount of $150,000. 120 payments of $12.13 per $1000 borrowed at 8% APR. Actual APR based on credit worthiness. Rate is based on 70% LTV or less. Some fees may apply. Payment examples do not include taxes and insurance. The actual payment obligation may be greater. Taxes and insurance will be paid by homeowner. Rates and fees are subject to change. Please check with your local branch, or call 800.562.8130 with questions.
Home Equity Loans⁴ Up to 70% LTV	Term 5, 10 or 15 Years	APR Range 6.99% – 9.54%

Green Fixed Home Equity Loans (Non-owner Occupied)
Home Equity Loans⁵	Term	APR Range*
⁵Home Equity Loans and Home Equity Lines of Credit: Financing available on homes in WA, OR or ID. A $525 early closure fee is applied if the loan is closed within the first 24 months. Maximum loan amount is determined by the amount of equity in your home. Home equity line of credit has a variable rate based on Prime, as published in the Wall Street Journal, and subject to change during the term of the loan. The minimum APR is 3.99% and the maximum APR is 18%. Most home equity loans qualify for deductible interest. Consult your tax advisor for details. Homeowners insurance is required. At least 51% of net proceeds from loan must be used for acceptable energy efficient improvements. For 81% to 90% of appraised value, borrow up to $50,000 maximum for Home Equity loans and Home Equity Lines of Credit. Non-owner occupied Fixed Home Equity Loans: maximum LTV 70% with a maximum loan amount of $150,000. Non-owner occupied HELOC rates: Prime +2% to Prime +4% APR; maximum LTV 70% with a maximum loan amount of $150,000. 120 payments of $12 per $1000 borrowed at 7.75% APR. Rate is based on 70% LTV or less. Actual APR based on credit worthiness. Some fees may apply. Payment examples do not include taxes and insurance. The actual payment obligation may be greater. Taxes and insurance will be paid by homeowner. Rates and fees are subject to change. Please check with your local branch, or call 800.562.8130 with questions.
Home Equity Loans⁵ Up to 70% LTV	Term 5, 10 or 15 Years	APR Range* 6.74% – 9.29%

Home Equity Lines of Credit
LTV	APR Range*
⁶Home Equity Loans and Home Equity Lines of Credit: Financing available on homes in WA, OR or ID. A $525 early closure fee is applied if the loan is closed within the first 24 months. Minimum monthly payment is calculated at 0.75% of the total balance owed. Maximum loan amount is determined by the amount of equity in your home. Home equity line of credit has a variable rate based on Prime, as published in the Wall Street Journal, and subject to change during the term of the loan. The minimum APR is 3.99% and the maximum APR is 18%. Most home equity loans qualify for deductible interest. Consult your tax advisor for details. Homeowners insurance is required. For 81% to 90% of appraised value, borrow up to $50,000 maximum for Home Equity loans and Home Equity Lines of Credit. Non-owner occupied Fixed Home Equity Loans: maximum LTV 70% with a maximum loan amount of $150,000. Non-owner occupied HELOC rates: Prime +2% to Prime +4% APR; maximum LTV 70% with a maximum loan amount of $150,000. Rates and fees are subject to change. Please check with your local branch, or call if we can answer any questions.
LTV Up to 70% LTV	APR Range* 7.75% – 10.75%
LTV 70% – 80% LTV	APR Range* 8.75% – 10.75%
LTV 80% – 90% LTV	APR Range* 10.75% – 10.75%

Disclosures

*APR is Annual Percentage Rate. All loans are subject to credit approval. Your rate and credit limit will be determined based on individual creditworthiness including income, debt ratio, and employment. Verification of income may be required. Must be 18 years of age to qualify for a loan. Sound does not offer construction, interest only or land loans at this time. Must be a Sound Credit Union member to participate. Anyone who lives or works in WA can join. Membership at Sound requires a savings account.*APR is Annual Percentage Rate. All loans are subject to credit approval. Your rate and credit limit will be determined based on individual creditworthiness including income, debt ratio, and employment. Verification of income may be required. Must be 18 years of age to qualify for a loan. Sound does not offer construction, interest only or land loans at this time. Must be a Sound Credit Union member to participate. Anyone who lives or works in WA can join. Membership at Sound requires a savings account.

NMLS# 691150 · Equal Housing Opportunity

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