New York Banking Rates

15-Year Mortgage Rates Deal of the Day: Southern Chautauqua Credit Union at 2.85% APR

Southern Chautauqua Credit Union knows the process of securing a quality mortgage loan can be a challenging one, particularly when a prospective home buyer is seeking an affordable mortgage rate.

Luckily, the credit union is offering its mortgage rates at near-record lows, including its currently-advertised 2.85% APR. This rate ensures interested home buyers can secure a loan that will minimize their monthly payments.

Mortgage Rates Terms and Conditions

Southern Chautauqua Credit Union is offering individuals interested in purchasing or refinancing a home the opportunity to take advantage of its affordable 2.75% mortgage rate. The 15-year fixed rate allows individuals to pay off their mortgages in a shorter time span and is particularly wonderful for those heading toward retirement.

Monthly payments on the 15-year loan are typically a quarter of one percent lower than those of the 30-year loan. Loans from the credit union allow for extra payments made monthly and don’t suffer a prepayment penalty.

About Southern Chautauqua Credit Union

Southern Chautauqua Credit Union was chartered in 1953 as Supervisory School District #2 FCU. Its membership at the time included employees of the Falconer and Frewsburg School Systems.

Since that time, the credit union has expanded its membership to include people who live, work, worship, attend school, or do business within Chautauqua County, New York. In addition to lending services, Southern Chautauqua Credit Union offers deposit accounts and online banking options.

Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.