Making your home dreams happen is our job. Making memories is yours.
Mortgage Options

Low Down Payment Mortgages
If you can find it, we’ll help you buy it — affordably. Take the next step toward homeownership with flexible financing.
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No Down Payment Mortgages
Don’t quite have the cash for a down payment? Don’t worry about it. Pick the program that works best for your budget.
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First Time Home Buyer Mortgages
There’s nothing quite like a place to call your own. Get your foot through the door with favorable financing.
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Refinance Mortgages
Make your home yours — faster. Enjoy better rates, lower payments, and hometown service just by refinancing through Northeast.
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Adjustable-Rate Mortgages
An Adjustable-Rate Mortgage (ARM) may be your key to homeownership. We have a variety of options available, with terms designed to meet your personal needs.
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We Are
Local
Neighbors really do make the best lenders.
Trust your mortgage to a local team that
makes you feel at home the whole way.

We Service Your Loan, Always
Your home is local — your mortgage should be too. Each of our loans is serviced here at Northeast, from start to finish.
We Care About Our Community
We don’t just work here — we live here. And just like you, we’re committed to helping our communities thrive through our Foundation.
Mortgage Rates

Type | Interest Rate | APR | Type |
---|---|---|---|
15-Year Fixed (Conventional) | 6.750% | 7.090% | 15-Year Fixed (Conventional) |
30-Year Fixed (Conventional) | 6.875% | 7.086% | 30-Year Fixed (Conventional) |
7/1 Year ARM (Conforming) | 6.125% | 7.271% | 7/1 Year ARM (Conforming) |
10/1 Year ARM (Conforming) | 6.000% | 7.099% | 10/1 Year ARM (Conforming) |
Rates effective as of December 6, 2023
See how much home you can afford.
Let Us Help You Find Your Way Home.
Our Mortgage Specialists will make you think you’re already there. Give us a call at888-436-1847 (select option 4)
Annual Percentage Rate (APR) shown is the lowest rate offered, including discounts and based on credit score. Rates are subject to change without notice.
Annual Percentage Rate (APR) is accurate as of the date shown above. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
Rates shown are for informational purposes only. No rate is guaranteed. Certain rate and/point adjustments may apply depending on loan features and borrower’s credit worthiness. Escrow for Real Estate taxes may be required which would increase your monthly mortgage payment. Property Insurance is required and Flood Insurance may be required. Other fees may be assessed, as applicable. Closing costs may apply. All mortgages are subject to credit approval.
All rates, terms and conditions are subject to change daily and without notice. They can only be guaranteed by our Mortgage Department. For more information, please call a Mortgage Specialist at 888-436-1847.
All rates assume 80% financing with a 20% down payment. For a 1-4 family owner occupied residence, condo, or mobile home on its own land; and one-unit second homes. Loan approval is based on creditworthiness, amount financed, and ability to repay. Loans with a down payment less than 20% require mortgage insurance which could increase the monthly payment and Annual Percentage Rate.
Please refer as well, to the general disclosure found on this page.
3/1, 5/1, 7/1 & 10/1 Adjustable Rate Mortgage (ARM)
Loan approval, interest rate, and down payment required based on creditworthiness amount financed, and ability to repay. Loans with a down payment less than 20% require mortgage insurance which could increase the monthly payment and Annual Percentage Rate. Escrow for Real Estate taxes may be required which would increase your monthly mortgage payment. Property Insurance is required and flood insurance may be required. Other fees may be assessed, as applicable.
The index for all Adjustable Rate Mortgages is the weekly average of the U.S. Treasury securities for the applicable term. The interest rate on the ARMs will adjust periodically and that may result in an increase of the interest rate after closing. Rates, terms, and conditions are subject to change.
The 3/1 ARM offers a fixed rate for 3 years and adjusts to a 1-year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1-year U.S. Treasury, plus a margin of 3 percentage points. Caps are 2% annual and 6% lifetime.
The 5/1 ARM offers a fixed rate for 5 years and adjusts to a 1-year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1-year U.S. Treasury, plus a margin of 3 percentage points. Caps are 2% annual and 6% lifetime.
The 7/1 ARM offers a fixed rate for 7 years and adjusts to a 1- year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1 year U.S. Treasury, plus a margin of 3 percentage points. Caps are 5% initial, 2% annual and 5% for the lifetime cap.
The 10/1 ARM offers a fixed rate for 10 years and adjusts to a 1-year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1 year U.S. Treasury, plus a margin of 3 percentage points. Caps are 5% initial, 2% annual and 5% for the lifetime cap.
For 1 - 4 family owner-occupied residence, condo or mobile home on its own land; and one-unit second homes.
***HLPR 3/1 Adjustable Rate Mortgage (ARM)
Home-buyers at or below the median income levels with exceptions for underserved areas. Escrows for Real Estate Taxes and Insurance is required. Minimum of one consumer credit counseling consultation required to underscore member's financial preparedness. Renewal rate (4th year) based upon one-year Treasury constant maturity, plus a margin added of 2.75%. This is subject 1% maximum annual cap and a 5% lifetime cap from the original rate at inception of the loan. The initial 3-year rate will be set weekly by NECU, reflecting a discount from the national average of 3/1 ARM programs. Property Insurance is required and flood insurance may be required. Closing costs may apply if the loan is paid off within the first three years of consummation. Certain restrictions do apply. For a 1-2 family owner-occupied residence, condo, or mobile home on its own land. For purchases only.
1/1 Land Loan (ARM)
The 1/1 Land Loan ARM offers a fixed rate for 1 year and adjusts to a 1-year ARM after that period. The interest rate and monthly payment may adjust annually based on the 1-year U.S Treasury, plus a margin of 6 percentage Points. Caps are 2% annual and 6% lifetime.