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Visit the Hughes Federal Credit Union Web site:
www.hughesfcu.org

Hughes Federal Credit Union offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
15 Year Conventional Loan
30 Year Conventional Loan
5/1 Conforming LIBOR ARM
Federal Housing Administration (FHA) Loan
Veterans Administration (VA) Loan

Rates last updated on Thursday, October 17, 2019

15 Year Conventional Loan

Hughes FCU offers 15 year conventional loans for the purchase or refinance of a primary residence, second home or investment property. Our conventional loans have fixed interest rates and no pre-payment penalities, giving you the security of a predictable mortgage payment. 

A 15 year product allows you to pay much less interest over the life of the loan, while also paying off the loan in a shorter period of time.

Rate disclosed below is based on a Purchase of Primary Residence. For Refinance Rates please contact us at 520-794-8341. Note: Mortgage Rates subject to change and are not guaranteed until locked. See a Mortgage Representative today.

Term: 15 years   Maximum Amount: $417,000
RatesAPRPoints
3.125%3.417%0%

30 Year Conventional Loan

Hughes FCU offers 30 year conventional loans for the purchase or refinance of a primary residence, second home or investment property.

Our conventional loans have fixed interest rates and no pre-payment penalties, giving you the security of a predictable mortgage payment.

Rate disclosed below is based on a Purchase of Primary Residence. For Refinance Rates please contact us at 520-794-8341.  Note: Mortgage Rates subject to change and are not guaranteed until locked. See a Mortgage Representative today.



Term: 30 years   Maximum Amount: $417,000
RatesAPRPoints
3.625%3.789%0%

5/1 Conforming LIBOR ARM
5/1 ARM Rate disclosed below is based on a Purchase of Primary Residence. For Refinance Rates please contact us at 520-794-8341. Note: Mortgage Rates subject to change and are not guaranteed until locked. See a Mortgage Representative today.

Term: 30 years   Maximum Amount: $417,000
RatesAPRPoints
3.75%4.218%0%

Federal Housing Administration (FHA) Loan

These loans, offered by the Federal Housing Administration (FHA), have been helping people purchase homes for over 70 years. Hughes FCU offers 30 and 15 year terms on FHA loans. 

FHA loans have flexible terms and require 3.5% down and credit qualifying is less restricted than a typical conventional loan

Rate disclosed below is based on a Purchase of Primary Residence. For Refinance Rates please contact us at 520-794-8341.  Note: Mortgage Rates subject to change and are not guaranteed until locked. See a Mortgage Representative today.

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Term: 30 years   Maximum Amount: $294,515
RatesAPRPoints
3.125%3.285%0%
 

30 Year Fixed Rate Loan calculated based on a loan amount of $160,000 with a down payment of 3.5% of sales price (maximum LTV 96.5%)

 

 


Veterans Administration (VA) Loan

VA loans are guaranteed by the Veterans Administration and are available to veterans and active duty military personnel who can obtain a Certificate of Eligibility.  The Certificate shows that a person is eligible for the unique benefits of the VA Loan Guaranty Program. Eligibility requires 90 days of active duty days during wartime, or 181 or more continuous days during peacetime.

Hughes FCU offers 30 and 15 year VA loans for the purchase or refinance of your primary residence. Benefits of VA loans are no down payment 100% financing, no private mortgage insurance (PMI) and less strict credit and income requirements.

Rate disclosed below is based on a Purchase of Primary Residence. For Refinance Rates please contact us at 520-794-8341.  Note: Mortgage Rates subject to change and are not guaranteed until locked. See a Mortgage Representative today.

Term: 30 years   Maximum Amount: $417,000
RatesAPRPoints
3.375%3.537%0%
 


 




Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.