Our Lock & Shop program lets you lock in a discounted mortgage rate for up to 90 days while you find your perfect home.
Whether it's your first home, forever home, or something in between, our experts can help. We offer low rates, fewer fees, and faster service on conventional, FHA, VA, and USDA mortgages.
SELCO is a member-friendly credit union, and the staff are personable and helpful. Working with Tim Booher in SELCO Mortgage for our home loan—the second home we financed with Tim’s help—has been a real pleasure. Tim takes care of all the details, is very thorough, and communicates on a regular basis.
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Not sure how much home you can comfortably afford? Let our loan officers help break down the costs across different loan terms so you know all your options.
Product Type | Rate | APR |
---|---|---|
15 Year Fixed (Conforming) | 5.875 % | 6.156 % |
30 Year Fixed Conventional | 6.500 % | 6.667 % |
30 Year FHA | 5.990 % | 6.850 % |
30 Year VA | 5.990 % | 6.331 % |
30 Year USDA Rural Home Purchase | 7.125 % | 7.587 % |
30 Year Conventional Manufactured Home (no homes on rented land) | 7.00 % | 7.159 % |
30 Year FHA Manufactured Home (no homes on rented land) | 6.250 % | 7.166 % |
30 Year VA Manufactured Home (no homes on rented land) | 6.375 % | 6.705 % |
Lowest annual percentage rates shown. APR is based on individual credit qualifications and may be higher.
15 year home loan payment example: On a loan for $400,000 at 7.315% APR for 180 months (15 years), borrower would make 180 payments of $3,595.
30 year home loan payment example: On a loan for $400,000 at 7.448% APR for 360 months (30 years), borrower would make 360 payments of $2,728.
Once you buy your new home, it's time to get to know the ins and outs of homeowners insurance to protect your investment.
The financial industry is full of confusing terms. If you’re buying a home for the first time, a lot of terms will be thrown at you. Familiarizing yourself with them now will save you some head-scratching later.
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