|Minimum Loan Amount||$5,000|
|Maximum Loan Amount||$100,000|
|Overall Limitation||95% of appraised value, less balance of 1st mortgage|
|Draw Period||5 Years|
|Rate||Variable, based on Prime + Margin|
|Monthly Payment||The monthly payment will be calculated at 1% of loan balance at the time of last draw|
|Current Rate (80% LTV and less) as low as||5.25% APR1|
|TERM||1ST LIEN RATE AS LOW AS||2ND LIEN RATE AS LOW AS||LTV|
|5 Years||5.25% APR2||5.5% APR2||80% or Less|
|10 Years||5.325% APR2||5.625% APR2||80% or Less|
|15 Years||5.5% APR2||5.75 APR2||80% or Less|
IMCU offers financing options for you!
IMCU Offers Financing Options for You!
Find a Mortgage Rate
Indiana Members Credit Union provides high quality member service, along with competitive rates and closing costs. For a list of loan programs and rates you may be eligible for, answer the questions below and click submit. Proceed with an application.
1ST MORTGAGE RATES
No Private Mortgage Insurance
Home Equity Line of Credit