Mortgage Rates

Rhode Island Credit Union offers real estate loans including fixed rate first mortgages for purchase or refinance and adjustable rate first mortgages. Please call us at 401.751.7440 for further information.

Conforming Fixed Rate Loans to $417,000.00
Term	Interest Rate	Points	APR*
Up to 15 Years	2.750%	0.00	2.825%
16 to 20 Years	3.375%	0.00	3.434%
21 to 30 Years	3.625%	0.00	3.667%
31 to 40 Years	4.500%	0.00	4.537%
Maximum LTV = 95%. PMI required on loans over 80%. All Fixed Rate Mortgages are fully amortizing loans. The rate will be fixed and your monthly principal and interest payments will not change for the term of the loan. *APR = Annual Percentage Rate

Adjustable Rate Mortgages up to $275,000
Term	Interest Rate	Points	Margin	APR*
30 & 40 year - 3 year ARM	4.750%	0.00	1.50	4.760%
15 Year - 3 year ARM	4.500%	0.00	1.25	4.518%
*APR = Annual Percentage Rate