Sharon Credit Union Go to main content

Get More Room to Move

And Grow.

30 Year Fixed Rate Mortgage

  • Lower Payment
  • Payment Predictability
  • Rate Lock

With a 30 Year Fixed Rate Mortgage, your repayment period is longer, which means you get a lower, affordable monthly payment. You also will have peace of mind knowing that your monthly payment will remain the same for the entire life of the loan, and your rate will never change.

Plus, with our No Points, No Closing Costs option, the amount of funds required at closing is even less!

 Costs that you will save on under this program include:

  • Credit report
  • Appraisal
  • Flood certificate
  • Tax service
  • Lender’s title insurance
  • Most recording and legal fees associated with the closing1
Go to main navigation

 

*APR = Annual Percentage Rate. Rate subject to change at any time. Payment per $1,000 = $4.99. Offered Rates and Terms are subject to change without notice. Our fixed rate mortgage is used for the purchase of a home or for the refinance of an existing mortgage. Sharon Credit Union offers mortgages on 1-4 family, owner-occupied properties, condominiums, and vacation homes located within Massachusetts or Rhode Island. Minimum loan amount $150,000. This type of mortgage maintains the initial interest rate for the life of the loan.  Standard closing costs include the cost of the credit report, appraisal, flood certificate, tax service, lender’s title insurance, deed prepared by a Sharon Credit Union attorney (for a purchase), recording and most legal fees associated with the closing. Borrower is responsible for certain closing costs, if applicable, such as prepaid interest, initial deposits for escrow, private mortgage insurance, trust review, owner’s title insurance, power of attorney, discharge fees (if greater than 1), subordination and homestead fees. 1The No Point No Closing Cost Mortgage removes the need to pay the standard closing costs associated with a mortgage closing, whether it is a purchase or refinance. You will be responsible for certain closing costs, if applicable, such as prepaid interest, initial deposits for escrow, private mortgage insurance, trust review, owner’s title insurance, power of attorney, discharge fees (if greater than 1), subordination and homestead fees. An upfront credit and appraisal fee is required and will be credited at the closing. If an application is denied or withdrawn, the fees are not refundable. 

First Time Home Buyer credit not applicable for this product. An upfront credit report and appraisal fee is required and will be credited at the closing. If an application is denied or withdrawn, the fees are not refundable.

For more information please contact our Mortgage Consultants or call the call center at 781-784-7725 or toll free at 1-877-661-3300.