• *If you qualify and your loan is approved, a Reverse Mortgage must pay off your existing mortgage(s). With a Reverse Mortgage, no monthly mortgage payment is required. Borrowers are responsible for paying property taxes and homeowner’s insurance (which may be substantial). We do not establish an escrow account for disbursements of these payments. Borrowers must also occupy home as primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan must be paid off when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, or does not comply with the loan terms. A Reverse Mortgage increases the principal mortgage loan amount and decreases home equity (it is a negative amortization loan). These materials are not from HUD or FHA and were not approved by HUD or a government agency.

Today's Rates

FHA 30 Year Fixed Rate
 Rate  APR  Points
 4.500%  5.579%  0.125%
FHA 15 Year Fixed Rate
 Rate  APR  Points
 4.500%  5.579%  0.000%
FHA 5 Year Adjustable Rate
 Rate  APR  Points
 4.500%  5.745%  0.250%
FHA High Balance
FHA 30 Yr Fixed High Balance
 Rate  APR  Points
 4.875%  5.948%  0.250%
FHA 5/1 CMT High Balance
 Rate  APR  Points
 4.500%  5.806%  1.125%
VA Loans
VA 30 Year Fixed Rate
 Rate  APR  Points
 4.750%  5.114%  0.125%
VA 15 Year Fixed Rate
 Rate  APR  Points
 4.500%  5.167%  0.375%
VA 5 Year Adjustable Rate
 Rate  APR  Points
 4.500%  4.927%  0.875%
VA High Balance
VA 30 Year High Balance Fixed Rate
 Rate  APR  Points
 5.000%  5.372%  0.375%
VA 5 Year High Balance Adjustable Rate
 Rate  APR  Points
 4.500%  4.987%  1.750%

Home loans with the same quality service
you appreciate from your credit union.

We offer a variety of home loan products to fit your needs.

  • 100% Financing VA Loans
  • 100% Financing USDA
  • 97% Financing Conventional
  • 96.5% Financing FHA
  • Reverse Mortgage Purchase or Refinance
  • 95% Financing High Balance
  • 80% Financing Jumbo Up to $3 Million
  • 125% HARP Refinancing
  • Renovation Loans Based on Projected Value
  • Home Rewards Real Estate Agent Rebate
    (Click here for more information)

Ask us about our First Time Homebuyer and Down Payment Assistance Programs.

Community Mortgage Funding, LLC. is a Credit Union-owned real estate loan company, serving the home loan needs of Credit Union members.

The real estate experts at Community Mortgage Funding will guide you through the home loan process and deliver the high level of service you expect from your Credit Union.

You can reach us anytime with your real estate loan questions at: 877-915-3030 or 909-444-0050.

“NCUA”/ EHL “Looking

© 2017 Los Angeles Federal Credit Union