10 & Done
Would you like to take advantage of the low mortgage rates but don’t want to pay the high cost to refinance?
MidWest America just might have a solution for you. With our special programs, you can refinance your existing first mortgage balance or combine your existing 1st and 2nd mortgage balances up to $150,000.
Our 10 & Done program has a term of 10 years at the current fixed rate of 3.49% while our 7 & Done has a term of 7 years at the current fixed rate of 3.24%. And both come with only $199 in closing costs!
For example, with a loan amount of $60,000 for 7 years at a rate of 3.24%, the APR would be 3.337% with the $199 loan origination fee included. The approximate payment would be $799.34 per month. With a loan amount of $60,000 for 10 years at a rate of 3.49%, the APR would be 3.560% with the $199 loan origination fee included. The approximate payment would be $593.08 per month.
Please call 1-800-348-4738 or stop by your nearest branch to find out additional information.
APR = Annual Percentage Rate. Not available to purchase real estate or for escrow accounts. Relationship Perks do not apply to this special. All other costs are paid by the Credit Union, with the exception of an appraisal (if needed). Appraisal is required for amounts over $100,000 regardless of LTV. Title insurance, if required, will be paid for by the borrower(s). Borrower is responsible for any fees associated with the subordination of any junior lien. This does not constitute a commitment to lend, offer subject to underwriting guidelines. Contact us for terms and details.