Compare Gecu Mortgage Rates and Loan Options

Gecu offers a range of mortgage rates and loan options to suit different needs and budgets.

Their 30-year fixed-rate mortgage has a competitive interest rate of 3.75%, which can help homeowners save thousands of dollars in interest over the life of the loan.

For those who want to pay off their mortgage faster, Gecu's 15-year fixed-rate mortgage offers a rate of 3.25%, which can result in significant savings.

Gecu also offers adjustable-rate mortgages, which can provide lower initial interest rates, but be aware that rates can increase over time.

Their mortgage rates are influenced by market conditions and can change over time, so it's essential to shop around and compare rates before making a decision.

Gecu's loan options include conventional, FHA, and VA loans, each with its own set of requirements and benefits.

Conventional loans require a 5% down payment, while FHA loans require as little as 3.5% down.

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GECU offers a range of mortgage rates, including Deposit Rates, Home Equity Rates, Mortgage Rates, Personal Loan Rates, and Vehicle Loan Rates.

You can expect competitive rates for your mortgage, with rates as low as 5.75% for a 10-year term, 6.00% for a 15-year term, 6.25% for a 20-year term, and 6.50% for a 30-year term.

Their average 30-year fixed mortgage rate was 7.37%, which is 0.89% higher than the 2023 average across all markets and lenders.

Here's a quick summary of their mortgage rates:

GECU offers competitive mortgage rates for your home financing needs. You can choose from a variety of terms to find the one that suits you best.

For a 10 year mortgage, you can get a rate as low as 5.75%. This is a great option if you want to pay off your mortgage quickly and save on interest.

A 15 year mortgage offers a rate as low as 6.00%, making it a popular choice for those who want to pay off their mortgage in a relatively short period of time.

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If you're looking for a longer term, a 20 year mortgage has a rate as low as 6.25%. This can be a good option if you want to keep your monthly payments lower.

You can also consider a 30 year mortgage, which has a rate as low as 6.50%. This is a good option if you want to keep your monthly payments very low, but keep in mind that you'll be paying off your mortgage over a longer period of time.

For more information on GECU's mortgage rates and terms, you can contact the Mortgage Department at 409.963.1191 or 800.448.5328.

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GECU's loan sizing strategy is an important aspect of their mortgage business. In 2023, they placed a strong emphasis on loans of $100,000 or less, with 842 originations totaling $47,590,000 in origination value.

These smaller loans have a significant impact on GECU's overall business. The average loan size for this category is $56,520, with average fees of $1,199 and an average rate of 7.40%.

Here's a breakdown of GECU's loan sizing strategy:

GECU offers a variety of rates for different financial products.

Deposit rates are available, but the article doesn't provide specific information on these rates.

Home equity rates are also offered, but like deposit rates, the article doesn't specify the details.

GECU's mortgage rates are a key area of interest for many borrowers. The average 30 year fixed mortgage rate at GECU is 7.37%, which is higher than the 2023 average of 6.48% across all markets and lenders.

Here are some key statistics on GECU's mortgage rates:

For those looking to refinance or purchase a home, GECU offers competitive rates on various mortgage terms. The article highlights the following rates:

Contact the Mortgage Department at GECU for more information on these rates and to discuss your individual needs. The phone numbers are 409.963.1191 and 800.448.5328.