Home Loan Products


Home Loan Products
The OE Federal Real Estate Department is flexible enough to meet your needs, whether you are a first-time home buyer or long-time owner. We're not here to sell you. We don’t collect a commission. We're committed to finding the best solutions for our union family.
- Conventional first mortgages
- Home equity loans
- Home equity lines of credit
- Adjustable and fixed rates available
- Personalized customer service
Home Loan Rates
LOAN TYPES | INTEREST RATE | APR | MONTHLY MORTGAGE PAYMENT (P&I) |
10 Yr Fixed Conforming | 4.875% | 5.054% | Payment Details |
15 Yr Fixed Conforming | 5.000% | 5.126% | Payment Details |
20 Yr Fixed Conforming | 5.375% | 5.476% | Payment Details |
30 Yr Fixed Conforming | 5.750% | 5.826% | Payment Details |
10 Yr Fixed Non Conforming | 5.000% | 5.046% | Payment Details |
15 Yr Fixed Non Conforming | 5.125% | 5.157% | Payment Details |
20 Yr Fixed Non Conforming | 5.500% | 5.526% | Payment Details |
30 Yr Fixed Non Conforming | 5.750% | 5.770% | Payment Details |
5/6 Hybrid ARM | 4.375% | 7.219% | Payment Details |
7/6 Hybrid ARM | 4.625% | 7.081% | Payment Details |
10/6 Hybrid ARM | 4.875% | 6.637% | Payment Details |
Rates are based on the following assumptions:
Conforming Loans: $300,000 loan amount and 20% down payment (net equity) with a 740 or better qualifying credit score.
Non Conforming Loans: $975,000 loan amount and 20% down payment with a 740 or better qualifying credit score.
Note that the rates and/or fees may be higher based upon your credit score.
Discount Points = 0
APR = Annual Percentage Rate. A rate that reflects the actual annual cost of a loan and includes the loan interest rate, private mortgage insurance, points and some fees.
Discount Points = A point is equal to one percent of the principal amount of your mortgage. For example, if you get a mortgage for $100,000, one point means you pay $1,000 to the lender. These points are usually collected at closing and may be paid by the borrower or the home seller, or may be split between them.
Rates posted are indications only and are subject to change without notice. Your actual rate and/or points may be different, as many factors can affect the final interest rate. The Rate and Payment quotes listed above are based upon the above assumptions.
Rate Locks are available after loan terms have been discussed with an OE Federal Loan Officer using verified credit, Loan-to-Value and borrower qualifications.
The conforming loan limit for 2022 is $647,200. A non conforming loan amount is based on a loan amount exceeding the maximum designated conforming limit by the Federal Housing Finance Authority (FHFA).
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444.
*Rates as of October 6, 2022.
Related Products and Services
Home Equity Line of Credit
Learn MoreHome Loan Rates
LOAN TYPES | INTEREST RATE | APR | MONTHLY MORTGAGE PAYMENT (P&I) |
10 Yr Fixed Conforming | 4.875% | 5.054% | Payment Details |
15 Yr Fixed Conforming | 5.000% | 5.126% | Payment Details |
20 Yr Fixed Conforming | 5.375% | 5.476% | Payment Details |
30 Yr Fixed Conforming | 5.750% | 5.826% | Payment Details |
10 Yr Fixed Non Conforming | 5.000% | 5.046% | Payment Details |
15 Yr Fixed Non Conforming | 5.125% | 5.157% | Payment Details |
20 Yr Fixed Non Conforming | 5.500% | 5.526% | Payment Details |
30 Yr Fixed Non Conforming | 5.750% | 5.770% | Payment Details |
5/6 Hybrid ARM | 4.375% | 7.219% | Payment Details |
7/6 Hybrid ARM | 4.625% | 7.081% | Payment Details |
10/6 Hybrid ARM | 4.875% | 6.637% | Payment Details |
Rates are based on the following assumptions:
Conforming Loans: $300,000 loan amount and 20% down payment (net equity) with a 740 or better qualifying credit score.
Non Conforming Loans: $975,000 loan amount and 20% down payment with a 740 or better qualifying credit score.
Note that the rates and/or fees may be higher based upon your credit score.
Discount Points = 0
APR = Annual Percentage Rate. A rate that reflects the actual annual cost of a loan and includes the loan interest rate, private mortgage insurance, points and some fees.
Discount Points = A point is equal to one percent of the principal amount of your mortgage. For example, if you get a mortgage for $100,000, one point means you pay $1,000 to the lender. These points are usually collected at closing and may be paid by the borrower or the home seller, or may be split between them.
Rates posted are indications only and are subject to change without notice. Your actual rate and/or points may be different, as many factors can affect the final interest rate. The Rate and Payment quotes listed above are based upon the above assumptions.
Rate Locks are available after loan terms have been discussed with an OE Federal Loan Officer using verified credit, Loan-to-Value and borrower qualifications.
The conforming loan limit for 2022 is $647,200. A non conforming loan amount is based on a loan amount exceeding the maximum designated conforming limit by the Federal Housing Finance Authority (FHFA).
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444.
*Rates as of October 6, 2022.
Payment Calculator
Format: 12m, 36m, 3y, 7y
Payment Details
Monthly Payment:
$219.73
Number of Payments:
36
Total Payments:
$7,910.37
Total Interest:
$410.37