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SEARCH
| PRIME |
3.000 % |
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iSave |
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$0 to $4,999 |
0.050% |
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$5,000 to $24,999 |
0.950% |
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$25,000 to $99,999 |
0.950% |
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$100,000 to $249,999 |
0.950% |
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$250,000 to $499,999 |
1.100% |
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$500,000 to $999,999 |
1.200% |
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$1,000,000 and over |
1.250% |
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| Simplicity Agricultural Business Mortgage |
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Product in a Nutshell: (What is it?)
A no frills Agriculture/Commercial mortgage for members that want the lowest price along with the lowest payment.
Benefits
Features
Cost Savings/Earnings: “You are provided with our lowest Agricultural/ Commercial mortgage rate available.”
“You have an opportunity to have more money in your pocket.”
“You may share in the credit union’s profits.”
- Lowest mortgage rate product
Free mortgage renewals
Competitive interest rates
20% prepayment option annually
- Eligible for ProfitShares programFlexible: “You can adjust your payments to fit your needs.”
- Multiple Repayment Options, including:
- Payment frequency
- Life of mortgage up to 35 years for agriculture
- Life of mortgage up to 20 years for commercial
- Flexible terms
- Automatic transfers or self payments
- Fixed or variable rate option
Convenience: “You don’t need to save additional money to pay your annual property taxes.”
“You have the option to access funds for future needs.”
- Property taxes can be included in your monthly payment
- Readvanceable option on anniversary date
Peace of Mind: “You know what you can afford.”
“You can protect your assets and your family in light of unforeseen events.”
- Pre-approval options - Loan Insurance available:
- Life
- Disability
- Critical Illness
- Loss of Employment
Additional Information:
- A 25% down payment is required
Who might benefit from this product/ service?
Agricultural/Commercial members looking for the best rate and/or lowest payment.
| Simplicity Mortgage |
| 1 Year |
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3.500% |
| 2 Year |
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3.850% |
| 3 Year |
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3.950% |
| 4 Year |
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4.640% |
| 5 Year |
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5.140% |
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