Today's Rates

SharePoint offers competitive rates on deposit and loan products. Members benefit with personal service, convenient financial products, and access to some of the best rates in the market.





HOME EQUITY LINE OF CREDIT - VARIABLE
RATES

Home Equity Line of Credit (80% Loan to Value)**
3.75
Calculator - Apply
Home Equity Line of Credit (90% Loan to Value)**
6.75
Calculator - Apply

HOME EQUITY LOANS - FIXED
APR*
TERM

Home Equity Loan (80% Loan to Value)**
2.990
60
Calculator - Apply
Home Equity Loan (100% Loan To Value)**
5.990
60
Calculator - Apply
Home Equity Loan (80% Loan to Value)**
4.490
120
Calculator - Apply
Home Equity Loan (100% Loan to Value)**
6.990
120
Calculator - Apply
Home Equity Loan (80% Loan to Value)**
5.250
180
Calculator - Apply
Home Equity Loan (100% Loan To Value)**
9.250
180
Calculator - Apply

FREEDOM MORTGAGE LOANS
APR*
TERM

Freedom Mortgage (8 yrs or less)
3.250
96
Calculator - Apply
Freedom Mortgage (9-12 yrs)
3.500
144
Calculator - Apply

CONVENTIONAL MORTGAGES RATES APR POINTS
Conventional 15 Year Fixed^
3.500
3.621
0.00
Calculator - Apply
Conventional 30 Year Fixed^
4.250
4.320
0.00
Calculator - Apply




*APR=Annual Percentage Rate. Subject to approval. All posted rates are as low as and may vary, subject to your credit history. Additional loan rates and terms are available. Contact a SharePoint Credit Union Representative for details.

**Home Equity Line of Credit (HELOC) has a variable rate indexed to the Prime rate, currently 3.50% APR. HELOC will never exceed 21.75% APR and will never exceed the highest allowable rate for this type of agreement as determined by applicable state or federal law.

An example of a 5 year Home Equity Loan fixed-rate monthly payment at 2.99% would be 60 payments of $17.96 per $1,000 borrowed.

Property must be the primary residence or a non-investment second/vacation home. Home Equity Loan and Credit Lines may only be written for homes in MN and WI. SharePoint will pay $150 towards closing costs. Member will be responsible for the appraisal fee, applicable mortgage registration tax, and additional costs not fully covered by the $150 credit. The average appraisal cost ranges from $125-$400 but actual costs may vary by Appraisal Company and will be the responsibility of the member. Average mortgage registration tax ranges from $10-$250. Average additional costs not fully covered by the $150 credit range from $5-$100. Property insurance required for Home Equity Loans and Credit Lines. Subject to credit approval and may require income verification. Rates and terms are subject to change. Cannot be combined with any other offer. SharePoint is an equal housing lender.

***Freedom Mortgage: As low as 3.250% APR is for a term up to 8 years. Rates and terms subject to change. Maximum Loan-to-value=80%. SharePoint Credit Union must be in the first lien position. Property must be the primary residence or a non-investment second/vacation home. Maximum term is 12 years. $599 flat fee applies to loans $50,000 and under, $899 flat fee for loans $50,001 to $100,000, $1199 flat fee for loans over $100,000. Payment example: Assuming a $70,000 loan at an interest rate of 3.250% for 8 years, the monthly payment would be 95 payments of $829.05 and 1 payment of $828.92. Sample payment does not include taxes and insurance. Property insurance required. Escrow account not available.

^Interest rates shown above are as of 1/20/2017 and are subject to change without notice. This is not a credit decision or a commitment to lend. Not all loan programs are available in all states for all loan amounts. The rates shown above are for a purchase of an existing single family residence to be used as a primary residence with a loan amount of $150,000 located in Hennepin County and loan-to-value of 80%. The rate is based on a 45 day rate lock with a 740 credit score and an escrow account is required. Your loan’s interest rate will depend on various factors including: loan product, loan size, credit profile, property value, geographic location, occupancy, and other factors. APR = Annual Percentage Rate.
• Payment example: Assuming a 15 year mortgage with a balance of $150,000 at an interest rate of 3.5% the monthly payment would be $1072.32.
• Payment example: Assuming a 30 year mortgage with a balance of $150,000 at an interest rate of 4.25% the monthly payment would be $737.91.
• If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.



 

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SharePoint Credit Union - 5300 Hyland Greens Drive, Bloomington, MN 55437
NMLS #527701