Mortgage Loan Rates

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All rates and terms are subject to change without notice.  These rates apply to the purchases of owner-occupied, single-family primary residences.  Other mortgage programs are available.  Interest rates are subject to change daily and without notice.

Interest rates are subject to underwriting criteria, including but not limited to loan to value and credit history. Rates may vary from rates shown.   For an up-to-date rate quote, please contact a mortgage representative at 507-281-7603.  Contact the Loan Department for rates on second homes, investment properties or jumbo loans at mortgage@firstalliancecu.com

 

Home Equity Line of Credit Effective January 1, 2017

Rates as low as

3.750%APR*

Rates may vary based on your home's Loan to Value (LTV). Please contact a Member Service Representative for program rates and terms. (507) 288-0330

*APR=Annual Percentage Rate on the loan. Rate applies to Home Equity Lines of Credit with a loan to value (LTV) of 80% or less. Other rates and terms are available. Rate applies to new home equity lines of credit as of 1/1/17 . Rate is tied to the variable rate Prime. The index is the Prime Rate published in the Wall Street Journal. Rate subject to change without notice. Contact a Member Service Representative for details. (507) 288-0330.

Home Equity Fixed Rates Effective January 1, 2017

Rates as low as

4.250%APR*

Rates may very based on your home's Loan to Value (LTV). Please contact a Member Service Representative for program rates and terms. (507) 288-0330

 
First Mortgages Week of February 21, 2017
Term/Type Interest Rate Annual Percentage Rate
15 Year Fixed 3.250% 3.517%
30 Year Fixed 4.125% 4.282%

Mortgage Rates are based on a $100,000 loan and are Subject to Change Daily and Without Notice. Call for the most current rates. (507) 288-0330.

Mortgage Application     Mortgage Pre-Qualification

 
Construction Loans Effective January 1, 2017
Interest Rate Annual Percentage Rate
3.75% 3.920%
 
Manufactured Home Loans Week of February 21, 2017

Rates as low as

5.250% APR*

Rates are subject to evaluation of your credit and may vary from the rate shown.

 

APR=Annual Percentage Rate on the loan.
All rates and terms are subject to change daily and without notice.  For more information, terms and conditions contact the Loan Department. (507) 288-0330.

 

 

*APR=Annual Percentage Rate on the loan.  Rates are quoted "as low as" and are subject to an evaluation of your credit. Rates may vary from rates shown.