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 the Loan Zone mortgage experts about your next home purchase or mortgage refinance. Get preapproved! As mortgage rates are falling, now is a great time to prepare so you can move when the time is right. Contact the Loan Zone ADJUSTABLE RATE MORTGAGE3/1 As low as 5.875%1 FIXED RATE MORTGAGE15 Years As low as 6.250% (6.549% APR)2 FIXED RATE MORTGAGE30 Years As low as 6.375% (6.557% 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 1 ARM=Adjustable Rate Mortgage 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. Available for Purchase and Refinance transactions. 3/1 ARM is fixed for three years. After the initial fixed-rate period, your interest rate can increase or decrease yearly according to the market index. Maximum 75% LTV, minimum 760 credit score for the advertised rate. Other rates and terms available. Add 1.50% to rate for Single-family residence non-owner occupied property and add 1.75% to rate for 2-4 unit property. 3/1 ARM details and estimated monthly payment can be obtained by contacting an Ohio Catholic Loan Officer. The purchase of one $5.00 membership share required to be maintained in your share savings account. Equal Housing Lender. NMLS #413040 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 6.549% would have a monthly payment of $1,371.88. 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 6.557% would have a monthly payment of $998.19. 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. ADJUSTABLE 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. MORTGAGE 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! Contact the Loan Zone 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 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 Q4 2024Read the newsletter below or download it here. Read the latest news from Ohio Catholic! Ohio Catholic FCU […]Do I need a Will or a Living Trust?We all strive to be financially responsible, from paying bills on time to investing for retirement and being […]Consider a credit card from Ohio Catholic for your holiday shoppingOhio Catholic offers a credit card with Great Rates and Great Rewards! The Mastercard Rewards Card offers NO […] 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