Disclosures

Lender Special Disclosure: Members will receive a $2,000 credit toward their closing costs when they close on a Conventional or High-Balance mortgage loan offered with loan amount greater than $100,000. First-Time Home Buyers will receive an additional $500 credit when the $2,000 credit is earned. The closing cost range for a 200K loan is $2,500 – $3,500 and varies by state and associated fees. Offer valid for First Mortgage Loan Applications received on or after December 1, 2022. This offer is only available to members who submit an application and close their loan with FRFCU. This offer cannot be retroactively applied to previously closed loans or loans that were already in process earlier than December 1, 2022. Offer expires February 28, 2023, at 11:59 p.m. ET. FRFCU reserves the right to cancel this offer at any time. Offer is nontransferable. Offer may not be redeemed for cash or equivalent. Acceptance of this offer constitutes acceptance of these terms and conditions, which are subject to change at the sole discretion of FRFCU. This is not a commitment to lend. Additional restrictions/conditions may apply. Not valid with any other discount or promotion. Loans are subject to credit approval. Rates are based on evaluation of credit history, loan-to-value ratio, and loan term, so your rate may differ. Rates are subject to change at any time. Not available in Texas, Hawaii, Alaska, and Puerto Rico. Federally Insured by NCUA. Equal Housing Lender. NMLS #401965.
 
FREE 90-Day Rate Lock on New Construction Purchase Mortgages: Applicants will need to become members. The closing cost range for a 100K loan is $2,500 – $3,500 and varies by state and associated fees. This offer is only available to members who submit an application and close their loan with FRFCU. This offer cannot be retroactively applied to previously closed loans or loans that were already in process earlier than December 1, 2022. Offer expires February 28, 2023, at 11:59 p.m. ET. FRFCU reserves the right to cancel this offer at any time. Offer is nontransferable. Offer may not be redeemed for cash or equivalent. Acceptance of this offer constitutes acceptance of these terms and conditions, which are subject to change at the sole discretion of FRFCU. This is not a commitment to lend. Additional restrictions/conditions may apply. *0.25% add on to rate if credit score is less than 680. Not valid with any other discount or promotion. Loans are subject to credit approval. Rates are based on evaluation of credit history, loan-to-value ratio, and loan term, so your rate may differ. Rates are subject to change at any time. Not available in Texas, Hawaii, Alaska, and Puerto Rico. Federally Insured by NCUA. Equal Housing Lender. NMLS #401965.
 
Free Float Down Offer Disclosure: The request to exercise the option must be provided to us in writing (via email to the member’s FRFCU MLO) and will be reviewed for approval This offer is only available to members who submit an application and close their loan with FRFCU. Offer is nontransferable. The option MUST be requested a minimum of 15 Days prior to scheduled closing date. The original Lock expiration date remains in effect and may require a fee to extend the lock period. The Float Down Option is not available if the borrower changes programs. This offer cannot be retroactively applied to previously closed loans or loans that were already in process earlier than December 1, 2022. The Float Down Option cannot be transferred to another loan or Property. Cannot be combined with any other offer. Program in effect for all applications received between 12/1/2022 – 2/28/2023 Offer may not be redeemed for cash or equivalent. Acceptance of this offer constitutes acceptance of these terms and conditions, which are subject to change at the sole discretion of FRFCU. This is not a commitment to lend. Additional restrictions/conditions may apply. Not valid with any other discount or promotion. Loans are subject to credit approval. Rates are based on evaluation of credit history, loan-to-value ratio, and loan term, so your rate may differ. Rates are subject to change at any time. Not available in Texas, Hawaii, Alaska, and Puerto Rico. Federally Insured by NCUA. Equal Housing Lender. NMLS #401965.