Educators Home Loans
At First Community, education is our passion. That's why we created a special home loan just for educators offering no lender fees and an appraisal credit up to $595 at closing. You give so much to everyone else; let us give back to you.
Educators Loan
- Purchase or Rate/Term Refi
- Owner occupied and single family
- Minimum loan amount $150,000
- Maximum loan amount $832,750
- 15, 20 and 30 yr terms
- Max LTV of 100%
- Minimum credit score of 700
- No lender fees
- Appraisal fee credit at closing (up to $595)
| Rate | APR | Monthly Principal & Interest | |
|---|---|---|---|
| 10 Year Fixed | 5.625% | 6.013% | $3,274.00 |
| 20 Year Fixed | 6.625% | 6.799% | $2,259.00 |
| 15 Year Fixed | 5.875% | 6.119% | $2,511.00 |
| 30 Year Fixed | 6.750% | 6.899% | $1,946.00 |
| FHA | 6.375% | 7.238% | $1,905.00 |
| VA | 6.375% | 6.708% | $1,912.00 |
| Jumbo 30 Year | 6.875% | 6.963% | $6,570.00 |