Mortgage GET A LOAN | MORTGAGE MORTGAGEWORK WITH MORTGAGE EXPERTS WHO CALL OHIO HOME We have a variety of home loan solutions for our members all across Ohio. Whether you are purchasing your first home, looking to save more each month, or simply want some extra cash in your wallet, we want you to be happy at home. Talk with our in-house mortgage experts about your next home purchase or mortgage refinance. Need downpayment assistance? Your loan officer can find out if you are eligible for the Welcome Home Program. Start your application process today! ADJUSTABLE RATE MORTGAGE3/1 As low as 5.875%1 FIXED RATE MORTGAGE15 Years As low as 6.50% (6.801% APR)2 FIXED RATE MORTGAGE30 Years As low as 6.750% (6.396% APR)3 APR = Annual Percentage Rate. All offers subject to creditworthiness, Ohio Catholic FCU lending policies, and membership eligibility. Ohio Catholic FCU may discontinue or modify offers without notice. Ohio Catholic FCU is federally insured by the NCUA and is an Equal Housing Lender. NMLS #413040 1APR= Annual Percentage Rate. All offers subject to creditworthiness, Ohio Catholic FCU lending policies, membership eligibility, and subject to change without notice depending on market conditions. Available for Purchase and Refinance transactions. Margins for 3/1 ARM products are 2.875% and 3.125% respectively and are based on the 1-yr Constant Maturity Treasury Bill as published by the Federal Reserve. Maximum 75% LTV, minimum 760 credit score. Rate, APR, and fees may adjust for underwriting risk. Add 1.50% to rate for Single-family residence non-owner occupied property and add 1.75% to rate for 2-4 unit property. Add 1.00% origination fee. 3/1 ARM details and estimated monthly payment can be obtained by contacting an Ohio Catholic Loan Officer. Adjustable-rate loans and rates are subject to change during the loan term and that change can increase or decrease your monthly payment. The purchase of one $5.00 membership share required to be maintained in your share savings account. Equal Housing Lender. NMLS #413040 2 APR= Annual Percentage Rate. All offers subject to creditworthiness, Ohio Catholic FCU lending policies, membership eligibility, and subject to change without notice depending on market conditions. Loan level pricing adjustments and/or lender discretion and are based on a 45-day rate lock. Maximum loan amount of $766,550.00 for conventional financing. Mortgage Loan: $200,000 borrowed for 180 months (15 years) with an APR of 6.801% would have a monthly payment of $1,393.77. Estimated monthly payment and APR calculation are based on a fixed-rate period of 15 years, a down payment of 20% and fees of $3,000. Estimated monthly payment does not include amounts for other fees, taxes, and insurance premiums if applicable, and the actual payment obligation will be greater. Escrow for property taxes, hazard insurance, and mortgage insurance (if applicable) required; escrow waiver fee is $350. Due at time of closing. Stated rates are not eligible for loan modifications. Maximum 90-day rate lock, less than or equal to 60% LTV, and a minimum 740 credit score. The purchase of one $5.00 membership share required to be maintained in your share savings account. Equal Housing Lender. Equal Housing Lender. NMLS #413040 3APR= Annual Percentage Rate. All rates subject to credit approval, program guidelines, and are subjects to change without notice depending on market conditions. Loan level pricing adjustments and/or lender discretion and are based on a 45-day rate lock. Maximum loan amount of $726,200.00 for conventional financing. Mortgage Loan: $200,000 borrowed for 360 months (30 years) with an APR of 6.936% would have a monthly payment of $1,037.76 Estimated monthly payment and APR calculation are based on a fixed-rate period of 30 years, a down payment of 20% and fees of $3,000. Estimated monthly payment does not include amounts for other fees, taxes, and insurance premiums if applicable, and the actual payment obligation will be greater. Escrow for property taxes, hazard insurance, and mortgage insurance (if applicable) required; escrow waiver fee is $350. Due at time of closing. Stated rates are not eligible for loan modifications. Maximum 90-day rate lock, less than or equal to 60% LTV, and a minimum 740 credit score. The purchase of one $5.00 membership share required to be maintained in your share savings account. Equal Housing Lender. Equal Housing Lender. NMLS #41304020 MORTGAGE OPTIONSFIXED FIRST MORTGAGE A fixed rate mortgage has a secure rate, principal, and interest payment for the life of your loan. You have the option of a loan with a shorter term for a lower interest rate or a loan with a longer term for lower monthly payments. We offer terms ranging from 10 years to 30 years with no prepayment penalties. GET STARTED NOWADJUSTABLE RATE MORTGAGE An adjustable rate mortgage offers the flexibility of a fixed rate for the first 3 or 5 years and then the rate can adjust. This allows you to have a lower interest rate than a fixed rate mortgage. An adjustable rate mortgage can be a great option if you are only going to be in a home for a short period of time or if you are looking to have a lower payment up-front. GET STARTED NOW3% DOWN PAYMENT FIXED FIRST MORTGAGE Designed for credit-worthy, low-to-moderate income borrowers looking to purchase a home. This mortgage loan allows for as little as a 3% down payment that includes a flexible source of funds for closing costs such as gifts and grants. Fixed terms for up to 30 years are available. GET STARTED NOWFHA MORTGAGE An FHA loan gives the borrower multiple benefits, such as low down payments (as little as 3.5%), low closing costs, low rates, and an easy qualifying process. Popular with young professionals and first-time home buyers, FHA mortgage loans allow the borrower to get the funds necessary to close from several sources. They include such areas as personal savings, gifts, grants, loans from retirement accounts and seller contributions. GET STARTED NOWMORTGAGE REFINANCE Homeowners often dread refinancing a mortgage because of two words: closing costs. That’s why we keep both our mortgage refinance interest rates and closing costs surprisingly low. Whether you want to lower your monthly payment or just build equity faster by shortening your loan term, a hassle-free Ohio Catholic FCU mortgage refinance is at your door! GET STARTED NOW Talk With Us Call (216) 478-0067 or chat live online during business hours. CALL US Get A Quote It only takes a minute to request a loan quote. We’ll contact you to discuss your options. GET A QUOTE Apply Online Submit your loan application online from your device. APPLY ONLINE Make the Most of Your Money With Ohio Catholic Discover how you can unlock your money’s potential and achieve your financial goals with the help of the Ohio Catholic Federal Credit Union! SEE ALL THE POSTS Newsletter July 2024Read the newsletter below or download it here. Read the latest news from Ohio Catholic! Ohio Catholic FCU […]Keeping Your Money Safe from the Latest Phishing ScamWhat is a pig-butchering scam? In a pig-butchering scam, a fraudster creates a fake online persona, usually accompanied […]Video Chat comes to Online Banking on both Mobile and Desktop!Ohio Catholic is always bringing you new ways to enjoy convenient, secure banking. Now, you can video chat […] SEE ALL THE POSTS Every experience I’ve had dealing with OCFCU has been excellent. Everyone is always very helpful and courteous. Allison S.,OCFCU Member Consistently competitive rates and outstanding customer service. Michael S.,OCFCU Member Banking is easy and pleasant. The tellers are very accommodating and well-educated. Bernadette L.,OCFCU Member Math is Hard (Sometimes) Let us help you crunch the numbers with our financial calculators. LEARN MORE