Feeling at home after purchasing a house requires confidence that you’ve obtained the right home loan. With interest rates set to rise next year, this could be your best shot to obtain low-rate home financing.
Homeowners throughout the Colorado Springs, Colo., area have worked time and again with Ent Federal Credit Union to make their homeownership goals come true, and so can any new Ent member who takes out the credit union’s 15-year home loan at a fixed interest rate of 2.875%.
Ent Federal Credit Union Mortgage Loan Terms and Conditions
What are some advantages of choosing a 15-year, fixed-rate mortgage versus a 30-year or adjustable-rate mortgage?
- The 2.875% rate stays unchanged, so your principal and interest payments stay the same
- Your rate will not alter with changing market conditions
- Total loan balance decreases quicker than with a 30-year mortgage
Applying for this or other Ent home loans can be done online by answering some simple questions about yourself, your property, income, debts and assets. You can also meet with an Ent loan consultant in person. Ent members should keep in mind that their likelihood of being approved for a low interest rate — such as the one on this mortgage offer — depends on their creditworthiness and borrowing histories.
All of Ent’s mortgage offers are applicable for the purchase of residential property located anywhere in Colorado.
About Ent Federal Credit Union
Chartered in 1957 with just 30 members and $602 in initial deposits, Ent Federal Credit Union was first established for Ent Air Force base and Peterson Field, and has since grown to become a large Colorado credit union. Membership is available for anyone who works or lives in Denver, El Paso, Pueblo and Teller counties, Colo., and to civilian and military personnel of the Colorado Air and Army National Guards. As of November, Ent has more than 243,000 members and $4 billion in assets.
Bank on low mortgage rates when buying a new home.