New York Banking Rates

Deal of the Day: Ontario Shores Federal Credit Union Mortgage Interest Rates at 3.125%

Ontario Shores Federal Credit UnionMortgage interest rates have had their ups and downs since the financial crisis had a major impact on the economy several years ago. Luckily, for most consumers, the fluctuations have been more beneficial than harmful since most rates seem to hover near record lows.

Ontario Shores Federal Credit Union is proud to be a financial institution that ensures its members always have access to those low rates. Currently, Ontario Shores Federal Credit Union mortgage rate is an amazing 3.125% to qualified borrowers.

Ontario Shores Federal Credit Union Mortgage Rates: Terms and Conditions

Ontario Shores Federal Credit Union is offering its advertised rate with a 3.223% APR for a 15-year loan term. The credit union is granting the mortgage interest rates under the assumption that borrowers will take on a loan amount of $168,750 to finance a home with an estimated property value of $225,000.

The property is expected to be an existing single family home located in Albany, NY and is located within Albany County. The rate lock period is 60 days and the borrower’s assumed credit score is 740.

About Ontario Shores Federal Credit Union

Ontario Shores Federal Credit Union was established by teachers and employees of the Newfane Central School District who were interested in serving their co-workers. Since opening its doors, the credit union has grown to 5,000 members with assets exceeding $34 million.

Becoming a member of the establishment is as simple as depositing and maintaining a minimum of $5 into a Share Savings account. Ontario Shores Federal Credit Union locations are found in Newfane and Medina in New York.

Explore the best mortgage interest rates.

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.