$1,000 Closing Cost Credit, and Great Rates!
Getting a mortgage doesn’t have to be hard. Class Act’s friendly mortgage officers are with you every step of the way. In addition to our very competitive rates, you’ll also get first class personal service, and a $1,000 closing cost credit to make your dream home even more affordable. Offer good on first mortgage loans for either purchase or refinance.* This limited time offer expires July 31st so call or apply online today!
*Promotion expires July 31st 2018. Offer good on any first mortgage. NMLS #403005.
5/5 Mortgage
Imagine being able to buy a home with only 5% down without having to pay any dreaded private mortgage insurance (PMI). Class Act is happy to announce the addition of 5/5 mortgages to give our members those exact benefits and more. Our 5/5 mortgage is an adjustable rate mortgage for terms of 10 to 30 years. The initial rate remains constant for a full five years, and then adjusts (up or down) after each 5 year period to the LIBOR- indexed market rate at that time. To protect members from sudden large increases, we’ve placed limits so that the rate cannot be raised more than 2% for any one adjustment period, with a 6% cumulative lifetime cap on rate hikes. At today’s rates (as low as 3.50%) members are assured that the rate will not go up more than 2% for ten years. The 5/5 mortgage is well-suited for first time buyers and for those who don’t plan to stay at that house for more than 10 years. Call 502.964.7575 to speak with one of our mortgage loan specialists to see if our new 5/5 mortgage is right for you.
Rates shown are as low as
| Description | Maximum Amount | Minimum Term | Annual Percentage Rate |
|---|---|---|---|
| Home Equity Loans | 80% Loan to Value | 15 years / 7 years draw | As low as 5.00% |
| Closed End Fixed Rate 2nd Mortgage | $100,000 | 121 to 180 months | As low as 6.50% |
| Closed End Fixed Rate 2nd Mortgage | $100,000 | 61 to 120 months | As low as 5.50% |
| Closed End Fixed Rate 2nd Mortgage | $100,000 | Up to 60 months | As low as 4.50% |
| 5/5 Adjustable Rate Mortgage | 95% Loan to Value | 30 years | As low as 2.99% |
| Mortgage Loans 1st Mortgages | Click Here | Click Here | Apply Now! |
*All loans are subject to credit approval and program guidelines. Rate may vary based on individual credit worthiness. All terms and conditions are subject to change at any time.
Employees who are Mortgage Loan Originators (MLO) are registered in the Nationwide Mortgage Licensing System (NMLS). Their identification numbers are as follows:
| Name | NMLS ID |
|---|---|
| Class Act Federal Credit Union | 403005 |
| Margaret Suzanne Breitmeyer | 420139 |
| Vickie L. Gruver | 420141 |
| Teresa M. Meibers | 420140 |
| Bryan S. Potter Jr. | 1209169 |
| Justin Daniel Doss | 1093227 |
| Maria Lee Woosley | 1401698 |