Keeping deposit rates high and loan rates low is ideal, but finding that advantage in banking requires the right financial institution. When it comes to shopping for their first homes, Achieva Credit Union helps its members achieve that balance with mortgage rates that keep their new home purchases under budget and give them room to save for renovations, starting a family, and more.
Achieva’s 15-year, fixed-rate home loan at 3.500% is a basic, straightforward mortgage with an interest rate that helps members better manage their monthly loan payments. For Central Floridians, it also means partnering with a lender who has nearly eight decades of experience helping people transition to home ownership, with the rates, terms and benefits they demand.
Achieva Credit Union Home Loan Terms and Conditions
With a 3.500% interest rate that stays fixed for the duration of the 15-year loan, borrowers can expect a monthly payment of $714.88, for 180 payments on a loan amount of $100,000. For this loan, credit union members must look to purchase a single-family home, used as a primary residence, on property located in Clearwater, Fla., in Pinellas County.
Achieva members interested in this 3.500% rate must display an excellent credit score and borrowing history.
About Achieva Credit Union
Achieva Credit Union was founded in 1937 with the original aim of serving the financial needs of Pinellas County educators. Each decade since then has been marked by growth, expansion and evolution for the credit union, which changed its name to Achieva 10 years ago to reflect its financial achievements. With assets totaling more than $980 million, Achieva’s field of membership includes people in Charlotte, Collier, Hernando, Hillsborough, Lee, Manatee, Pasco, Pinellas and Sarasota counties, where the credit union counts more than 102,000 valued members.
Look no further for the lowest mortgage rates.