Mortgage Rates

Get into your dream home with Neighbors-friendly financing.

Our lower mortgage rates hold down your monthly payments and leave you with more money for remodeling, furnishings and everything else in life.

The right fit for your new place

We offer fixed-rate mortgages of up to 30 years with options for first-time buyers, people building their own home on a lot and homeowners looking for Jumbo Mortgages. 

Lot & Land Loans

Effective Date: February 13, 2025
Loan Type Term Interest Rate Points APR*
Land (Lot in a Subdivision)12 year5.000%1%5.493%
Land or Acreage12 year5.000%1%5.493%

*APR = Annual Percentage Rate. Rates quoted are not locked in and are subject to change. Rates are not locked until a rate lock acknowledgment has been signed. The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. Interest rates and APRs are based on current market rates and are for informational purposes only. Rates are subject to change without notice and APR (Annual Percentage Rate) calculations are based on certain assumptions related to closing costs and fees. Maximum loan limits and minimum equity/down payment requirements may apply.

First Mortgage Purchase & Refinance

Effective Date: February 13, 2025
Term Loan Amount Maximum Financing Points Rate APR*
10 year$60,000 - 806,5009705.750%6.165%
15 year$60,000 - 806,5009705.875%6.217%
20 year$60,000 - 806,5009706.125%6.443%
30 year$60,000 - 806,5009706.625%7.012%
30 year Jumbo$806,500 - 1,000,0008506.875%6.960%

*APR = Annual Percentage Rate
Rates quoted are not locked in and are subject to change. Rates are not locked until a rate lock acknowledgment has been signed. Rates are based on certain assumptions.
The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. Interest rates and APRs are based on current market rates and are for informational purposes only. Rates are subject to change without notice and APR (Annual Percentage Rate) calculations are based on certain assumptions related to closing costs and fees.
Maximum loan limits and minimum equity/down payment requirements apply.

 
 

Home Equity Line of Credit

Effective Date: February 13, 2025
Draw Term Repayment Term Beginning APR
120 Months240 Months8.00%

* Zero closing costs applicable to HELOC remaining open for 12 months or 1 year.
**APR = Annual Percentage Rate. APR quoted is tied to the Prime index as published in the Wall Street Journal and is subject to change based on Prime index movement, subject to a limit on increase of 6% over the term of the loan. Cap on annual limit on APR increase or decrease of 2% and subject to a floor. Initial interest rate may be higher based on an evaluation of your credit. Minimum loan and draw amount is $10,000. Minimum loan term is 10 years. Loans may be up to 90% of the value of your home. Rates and terms are subject to change without notice. Consult a tax advisor regarding the deductibility of interest and charges under the plan.

Neighbors Federal Credit Union is a full-service financial institution with branches serving the Southeast Louisiana parishes of Ascension, East Baton Rouge, East Feliciana, Iberville, Livingston, Pointe Coupee, St. Helena, West Baton Rouge and West Feliciana.