Home Loan Options
River Region Credit Union has the best loan rates in Jefferson City and Columbia. Find your best home loan rates and options in the table below.
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Home Loan Options
Traditional financing option with fixed principal and interest payments for the life of the home loan.
30, 20, 15, and 10-Year Terms (Fixed)
5% Minimum Down Payment
(3% for eligible first-time homebuyers)
Interest Rate as low as
7.125
APR as low as
7.246% APR*
Fixed interest rate for initial period of 5 years, with periodic rate adjustments every 5 years thereafter. ^
30, 20, 15, and 10-Year Terms (Adjustable)
5% Minimum Down Payment
Interest Rate as low as
8.000%
APR as low as
8.084% APR*
Government insured, home loan option with a low 3.5% initial down payment. ***
30 and 15-Year Terms (Fixed)
3.5% Minimum Down Payment
Interest Rate as low as
7.000%
APR as low as
7.829% APR*
Low to no down payment option for qualified first-time homebuyers and Community Heroes. **
30-Year Terms (Adjustable)
0-1% Minimum Down Payment
Interest Rate as low as
7.875%
APR as low as
8.496% APR*
Twelve-month, interest-only line of credit with permanent traditional financing at the end.
12-Months Interest Only with Balloon Payment
Down Payment is Variable Based on Existing Equity
Interest Rate as low as
8.500%
APR as low as
18.624% APR*
All rates, terms and product features are subject to change at any time and are subject to credit approval.
* APR = Annual Percentage Rate. Rates are based on several factors including credit history, loan to value and loan term and may be different than the rates displayed. Rate listed above assumes, excellent credit, and a loan amount of $200,000 on a primary residence home with a purchase price of $250,000 and closing costs contributing to APR of $1959.
** First-time Homebuyer and Community Hero estimated rates are based on assumption of excellent credit history, and loan amount of $200,000 on a primary residence with a purchase price of $202,020 and closing costs contributing to APR of $3106.07.
*** Federal Housing Administration (FHA) loans require a minimum of 3.5% down payment and are subject to an up-front mortgage insurance premium of 1.75% of the loan amount in addition to a monthly mortgage insurance premium. Monthly premiums amounts vary based on loan term and loan-to-value. Must be for primary residence.
^ Available for primary residence, second home, investment properties, and raw land.