Home Equity Rates


10-year Fixed Rate Mortgage

Rates effective December 1, 2015 ; subject to change.




APR (Annual Percentage Rate)
10-year fixed rate mortgage as low as 3.19%


*Limited time offer. Rate is based on personal credit history. Loans available to qualified borrowers refinancing a first mortgage on a primary residence; maximum 80% LTV (Loan-to-Value) includes optional cash out. Available in all states except Texas on owner-occupied and vacation homes; available only on homestead property in Texas.

**Member must have checking, direct deposit and eStatements to qualify for Closing Cost Credit of $150. This is a fixed-rate mortgage; Annual Percentage Rate (APR) and monthly payments remain fixed for 10 years. At 3.19% APR, repayment requires 120 monthly payments of $9.74 per $1000 borrowed. Amortizations over 10 years require 10 year balloon. Amortizations up to 15 years available for an additional .25%; up to 20 years available for an additional .50%. Extended amortization and balloons not available in Texas. Weekly, bi-weekly, semi-monthly or monthly payments available EXCEPT in Texas (monthly only).


Home Equity / 2nd Mortgage

Rates effective Feb. 1, 2014 ; subject to change.


Best Rate Discount


APR (Annual Percentage Rate)

Best Rate Discount

  • 1.00% APR discount for having Altra Checking, direct deposit, and eStatements
  • Additional discounts available*

Home Improvement / 2nd Mortgage

As low as 2.99%


*Home Equity Loan / 2nd Mortgage Loans available to qualified borrowers. Loan to Value (LTV) is calculated by dividing the total indebtedness secured by the home by the value of the home 3.99% APR is fixed for 5 years. Balloon payment is required for amortizations longer than 15 years. Maximum amortization, 20 years. Maximum LTV for 3.99% rate is 80%. Rate is dependent on borrower’s credit history. Rates and terms subject to change. Payment of $6.05 per $1000 borrowed is required, based on a 20-year amortization.  Closing costs vary by state and may be in a range between $130 and $600. Loan not available in Texas. Please consult your tax advisor for deductibility.



Home Equity Line of Credit (HELOC)

Rates effective March 15, 2015 ; subject to change.


APR (Annual Percentage Rate) Term
Home Equity Line of Credit as low as 4.00% Ask for Details


*Home Equity Line of Credit rate adjusts monthly to a variable rate of as low as Prime Rate + 0, currently 4.00% APR; Rate will never exceed 18% APR. Closing costs vary by state and may be in a range between $130 and $600. Home Equity Line of Credit currently not available in Texas.


**Closing cost credit: member pays actual closing costs; members with Altra checking with direct deposit and eStatements will receive a closing cost credit of up to $150 (credit not to exceed actual costs). Closing costs vary by state and are the responsibility of the homeowner; call for details. Equal Housing Lender. Federally insured by NCUA.