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 | 5.375% | 5.732% | $3,237.00 |
| 20 Year Fixed | 6.250% | 6.459% | $2,193.00 |
| 15 Year Fixed | 5.500% | 5.758% | $2,451.00 |
| 30 Year Fixed | 6.375% | 6.554% | $1,872.00 |
| FHA | 5.990% | 6.829% | $1,829.00 |
| VA | 5.990% | 6.303% | $1,836.00 |
| Jumbo 30 Year | 6.500% | 6.620% | $6,321.00 |