Kentucky & Indiana Home Loans

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Interest Rates Certified by Datatrac
Rates accurate as of 11/23/2022

Home Loans - Purchase or Refinance


Transcend 5/5 Zero is Your Hero Home Loan




  • Zero PMI
  • Zero Closing Costs
  • Zero prepayment penalty
  • Up to 100% Financing
  • Below market rates

Interest rates
as low as1
5.500% 


APR as low as1
5.500%
Term:
5 Year Adjustable with 30 Year Amortization 


Down Payment:
Not Required


The 5/5 ARM rate adjusts every 5 years. 5/5 ARM Repayment Example: $100,000 financed at 5.625% annual percentage rate (APR) with a term of 60 months would result in a principal and interest payment of $575.66; if the rate were to adjust to 7.625% APR, 60 payments at $707.80; if the rate were to adjust to 9.625% APR 60 payments at $849.99; if the rate were to adjust to the cap of 11.625% APR 60 payments at $999.84. Payments do not include amounts for taxes and insurance premiums and the monthly payment obligations will be greater if taxes and insurance are included. The principal and interest portion of your payment may be higher at the beginning of each new ARM term based on market conditions. Loans must be for a primary residence, in first lien position. Additional conditions and restrictions may apply. 


Transcend Make Your Move Loan
  • No PMI
  • No Closing Costs
  • Below Market Rate
  • Fixed Rate Loan
  • Cash Options Available
Interest rates 
as low as
5.875%


APR as low as1
5.875%
Term:
10 to 30 Year


Max Loan to
Value (LTV):  
95% 
Loans must be for a primary residence, in first lien position. Borrower debt to income ratio may not exceed 38%. Lowest quoted rate requires a maximum loan to value (LTV) of 80%. Additional conditions and restrictions may apply. 


Conventional Loans




  • Fixed rate
  • Wide range of options available
  • No prepayment penalty

Interest rates
as low as1
5.875%


APR as low as1
6.484%
Term:
10 to 30 Year


Down Payment:
3% minimum

FHA Loans
                         


  • Reduced mortgage insurance rates
  • Wide range of options available
  • No prepayment penalty                              
                     
          Interest rates
          as low as1
          5.000%

         View Rates 

          APR as low as1
           6.137%
Term:
15 & 30 Year
                      
Down Payment:
3.5% minimum

FHA loans are subject to an up-front mortgage insurance premium of 1.75% of the loan amount, in addition to a monthly mortgage insurance premium, depending on the loan term and loan-to-value (LTV). 
VA Loans



  • Available to eligible service members
  • Up to 100% financing available
  • No prepayment penalty

Interest rates
as low as1
5.000%


APR as low as1
5.362%
Term:
15 & 30 Year


Down Payment:
0% minimum

100% financing loans include an additional funding fee, which may be financed up to the maximum loan amount. Product features are subject to approval. Available for purchase loans only. 
Rural Development
(RD) Loans


  • Available when property and income meet USDA eligibility criteria
  • Reduced mortgage insurance rates
  • No prepayment penalty
  • Up to 100% financing available

Interest rates
as low as1
6.625%


APR as low as1
7.207%
Term:
30 Year


Max Loan to     
Value (LTV):
100%

100% financing loans include an additional funding fee, which may be financed up to the maximum loan amount. Product features are subject to approval. Income restrictions do apply. 

Home Equity Line of Credit (HELOC)


Sometimes, life throws a few curve balls. When it does, the equity in your home may help you handle home repairs, car repairs, or other unexpected expenses. A Home Equity Line of Credit from Transcend Credit Union can give you the peace of mind and spending power you need at a moment’s notice.


*APR=Annual Percentage Rate. Home Equity Lines of Credit are variable-rate loans. Rates as low as 5.75% APR are based on creditworthiness, so your rate may differ. The plan has a maximum APR of 18%. No annual or advance fees. No closing costs. Proof of property insurance is required. All loans subject to approval. All terms and conditions are subject to change without notice. Additional restrictions may apply.


Transcend Credit Union and its employees who are Mortgage Loan Originators are registered in the Nationwide Mortgage Licensing System (NMLS). Their identification numbers are as follows:


Transcend Credit Union 456634
Savannah Dawn Abreu 1795367
Shauna C. Aponte 1673798
Kimberly Ann Cavanah 1740354
Aliani Viva Hernandez 1221053
Matthew R. Holbrook 434710
Carrie L Schneidtmiller 874672
William James Schuhmann 1722838
Aferdita Sherifi 1433107
Dana Suell 476931