Real Estate Loans
Use Your Home’s Equity to Achieve Your Dreams!
Through May 31st, open a Fixed Rate Home Equity Loan or Home Equity Line of Credit (HELOC) and enjoy ZERO closing costs!
Disclosure
Promotion effective March 30, 2026–May 31, 2026. Loans paid off and closed within 24 months from the loan origination date will require reimbursement of all closing costs originally paid by OTIS FCU. Closing cost amounts vary (e.g., for loans up to $250,000, closing costs may range from $800-$1000). Rate is determined by your personal creditworthiness. No finance charge fees apply. Membership and property insurance required. $25.00 minimum deposit required for new membership. Fixed Rate: Rate as low as 5.50% APR (Annual Percentage Rate) for 60 months and is subject to change without notice. Payment and interest rates for Fixed Rate Home Equity Loans will not change throughout the term of the loan. Line of Credit: Variable rate as low as 6.75% APR and may vary monthly; the rate is based on the Wall Street Journal Prime Rate as published on the last business day of the month. Maximum rate that may be imposed is 18.00% APR. Minimum payment: $100 or 1.50% of balance after latest advance, whichever is greater. Minimum advance of $500. Federally Insured by NCUA. Equal Housing Lender.
Finance at a place that feels like home.
We know how hard you’ve worked to achieve homeownership. That’s why we make sure that your investment works just as hard for you by offering real estate lending with real value. With a traditional Mortgage, Fixed Rate Home Equity Loan, Home Equity Line of Credit, or a Mobile Home Loan from OTIS, you can continue to build the life you want with our affordable rates, minimal fees, and flexible terms to fit your budget. And the best part? Enjoy friendly local service from local people – you’re always at home here.
CUSO Real Estate Rates
Real Estate Loan Rates
Secured by Real Estate
Rates effective 5/12/2025
| Loan Term | Annual Percentage Rate | Sample Payments per $10,000 borrowed |
|---|---|---|
| 15 years as low as | 6.00% APR* | $84.41 for 180 months |
| 20 years as low as | 6.25% APR* | $73.12 for 240 months |
| 30 years as low as | 6.35% APR* | $62.25 for 360 months |
Home Equity Rates
Real Estate Loan Rates (Refinance or Second Mortgage)
Secured by Real Estate
Rates effective 5/12/2025
| Loan Term | Annual Percentage Rate | Sample Payments per $10,000 borrowed |
|---|---|---|
| 1-5 years as low as | 5.50% APR* | $191.03 for 60 months |
| 6-10 years as low as | 5.75% APR* | $109.79 for 120 months |
| 11-15 years as low as | 6.00% APR* | $84.41 for 180 months |
| 16-20 years as low as | 6.25% APR* | $73.12 for 240 months |
Home Equity Line of CreditRates effective 1/1/2026 | ||
| Variable Rate as low as | 6.75% APR** | Minimum payment: $100 or 1.50% of balance after latest advance, whichever is greater. |
An appraisal may be required at a cost of $400. Additional fees include a title search, flood determination, and recording of the deed. Closing costs vary.
*(APR) Annual Percentage Rate. Above Real Estate Rates are subject to change without notice. No finance charge fees apply.
** Annual Percentage Rate of Home Equity may vary monthly. The rate is the Wall Street Journal Prime Rate as published on the last business day of the month. The maximum annual percentage rate that may be imposed on a Home Equity Loan is 18.00% APR. No finance charge fees apply, membership eligibility required, and property insurance required. Minimum advance of $500.
