Mortgage Rates
Get into your dream home with Neighbors-friendly financing.
Our lower mortgage rates hold down your monthly payments and leave you with more money for remodeling, furnishings and everything else in life.
The right fit for your new place
We offer fixed-rate mortgages of up to 30 years with options for first-time buyers, people building their own home on a lot and homeowners looking for Jumbo Mortgages.
Lot & Land Loans
| Loan Type | Term | Interest Rate | Points | APR* |
|---|---|---|---|---|
| Land (Lot in a Subdivision) | 12 year | 5.000% | 1% | 5.493% |
| Land or Acreage | 12 year | 5.000% | 1% | 5.493% |
*APR = Annual Percentage Rate. Rates quoted are not locked in and are subject to change. Rates are not locked until a rate lock acknowledgment has been signed. The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. Interest rates and APRs are based on current market rates and are for informational purposes only. Rates are subject to change without notice and APR (Annual Percentage Rate) calculations are based on certain assumptions related to closing costs and fees. Maximum loan limits and minimum equity/down payment requirements may apply.
First Mortgage Purchase & Refinance
| Term | Loan Amount | Maximum Financing | Points | Rate | APR* |
|---|---|---|---|---|---|
| 10 year | $60,000 - 832,750 | 97 | 0 | 5.375% | 5.781% |
| 15 year | $60,000 - 832,750 | 97 | 0 | 5.625% | 5.918% |
| 20 year | $60,000 - 832,750 | 97 | 0 | 6.000% | 6.314% |
| 30 year | $60,000 - 832,750 | 97 | 0 | 6.125% | 6.498% |
| 30 year Jumbo | $832,750 - 1,000,000 | 85 | 0 | 6.250% | 6.325% |
*APR = Annual Percentage Rate
Rates quoted are not locked in and are subject to change. Rates are not locked until a rate lock acknowledgment has been signed. Rates are based on certain assumptions.
The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. Interest rates and APRs are based on current market rates and are for informational purposes only. Rates are subject to change without notice and APR (Annual Percentage Rate) calculations are based on certain assumptions related to closing costs and fees.
Maximum loan limits and minimum equity/down payment requirements apply.
Home Equity Line of Credit
| Draw Term | Repayment Term | Beginning APR |
|---|---|---|
| Introductory Rate* | Good for the first 12 months | 3.99% |
| 120 Months** | 240 Months | 6.25% |
Neighbors Federal Credit Union is a full-service financial institution with branches serving the South Louisiana parishes of Ascension, East Baton Rouge, East Feliciana, Iberville, Livingston, Pointe Coupee, St. Helena, West Baton Rouge and West Feliciana.