Low Loan Rates

Lower Closing Costs

No Processing Fees

Are you:

  • Buying your first home?
  • Wanting to update your place?
  • Building a new house?

Then one of our home loan options could be the right fit. As a member of Signet Federal Credit Union you will enjoy low loan rates and no processing fees. Plus, at the end of the process you’ll find lower closing costs compared to other options. Not a member? Apply today!

Call our loan officers! (800)795-2555 Monday-Friday 9am – 5pm Friday 9am – 5:30pm

What loans do we offer?

We offer different loan types depending on where you are in the home investment process.

Construction Loans

Building a home? This mortgage rate is fixed for 12 months during the construction of a new home. A great option if you’re waiting for your home to be completed before you sell your current home.

10/1 Adjustable Rate Mortgage*

Wanting to purchase a starter home? This mortgage rate is fixed for the first ten years. You can make it up to a 25 year term loan. A great option for your first home or remodeling a house.

5/1 Adjustable Rate Mortgage*

Did you find a mobile home or property you want to purchase? This mortgage rate is fixed for the first five years and has varying terms depending on the type of purchase.

Home Equity Line of Credit*

Does your home need a refresh? This loan is a variable rate mortgage and is perfect as a short term loan that will allow you to invest in your home.

Estimate Your Home Loan Payments

 

This calculator will help you see how much your loan payments could potentially be. But, this is not a guarantee. There are many factors that go into every loan decision. You will need to call or stop by one of our offices to get pre-qualified for a loan.

*You must discuss your home loan with a Signet loan officer to learn about qualifications, loan rates and application process. Filling out the form on this page is not a guarantee or an official application for a loan. It is simply to begin the inquiry process and to inform Signet you are interested in learning more about home loan options.  

*10/1 Adjustable Rate Mortgage* Mortgage rate is fixed for the first ten years and will be reviewed annually on the last day of the month in which the plan opened. The rate cannot increase or decrease more than one and a half percentage points at each adjustment. The annual percentage rate cannot increase more than 5% above the initial rate or decrease below the floor of 4%. The first mortgage term can be up to 25 years.

*5/1 Adjustable Rate Mortgage This mortgage rate is fixed for the first five years and will be reviewed annually on the last day of the month in which the plan opened. The rate cannot increase or decrease more than one percentage point at each adjustment. The annual percentage rate cannot increase more than 5% above the initial rate or decrease below the floor of 3.25%. The first mortgage term is 25 years. A Mobile Home first mortgage term is 20 years. Second mortgages are 15 years (excludes mobile homes). Land-only terms are 12 years.

*Home Equity Line of Credit This loan is a variable rate* mortgage and will be reviewed annually on the last day of the month in which the plan opened. The rate cannot increase or decrease more than one percentage point per review. The annual percentage rate cannot increase more than 4% over the life of the loan. The maximum term for a 1st mortgage is 20 years and 15 years for a 2nd mortgage.