RATES
DEPOSIT

LOANS

REAL ESTATE
REAL ESTATE

 

Rates Effective: Tuesday, November 17th, 2009. These rates are subject to change without notice.
 
Mortgage Rates
 For current Mortgage Rates, click here.
 
Home Equity Loan Rates
Home Equity Line of Credit Home Improvement
Description Years Loan to Value APR*

Home Equity
Line of Credit
(Variable)

 15 0% - 80.00% 3.25%**
15 80.01% - 90% 3.75%**
15 90.01% - 95% 4.25%**
   
Description Months APR*
Fixed Rate Home Equity 0 - 60 5.74% to 6.99%**
61 - 84 5.99% to 7.24%**
85 - 120 6.24% to 7.49%**

*APR = Annual Percentage Rate.

 

**MERITRUST home equity loans may be subject to actual closing costs, including an origination fee.

Maximum APR that can apply is 21.00%.  Minimum line of credit amount is $10,000.  Minimum loan amount is $10,000 for the first advance and no minimum thereafter. Loan fees and closing costs may vary.  Flood and /or property hazard insurance may be required. Other restrictions may apply. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. Credit is subject to approval.
 
Land Rates
Unimproved Land  
Description Conditions Rates* APR*
10 Year Fixed Unimproved Land 0 Points 7.50% 7.50%

*Interest rates are subject to change without notice.

Change in interest rate will also affect APR (Annual

Percentage Rate).

 

**APR = Annual Percentage Rate. APR will vary based on final loan amount and finance charges. APRs above based on a $100,000 loan, assuming a 20% down payment

MERITRUST offers land, lots and acreage loans with flexible terms and low fixed rates.

  • Loan to value up to 80% of the unimproved
    property value.
  • Loan amount is not limited by dollar amount, but
    loan in limited to 20 acres or less.
  • Terms available up to 10 years.
  • Fixed rate loan. Please see current rates.