What is the interest rate for Logix?

What is the interest rate for Logix?

The Logix Money Market Account is a tier-rate account and the APY for each balance tier is: 0.50% APY on $500,000.00 and Over; 0.50% APY on $250,000 – $499,999; 0.50% APY on $100,000 – $249,999; 0.45% APY on $50,000.00 – $99,999.99; 0.45% APY on $25,000.00 – $49,999.99; 0.40% on $10,000.00 – $24,999.99; 0.35% APY on …

Does Logix do VA loans?

Logix mortgage loans are available in the following states: AZ, CA, DC, ME, MD, MA NH, NV, and VA.

What is the difference between conforming and non conforming loans?

A conforming loan meets the guidelines to be sold to either Fannie Mae or Freddie Mac, two of the largest mortgage buyers in the U.S. Non-conforming loans, on the other hand, are those that fall outside those guidelines, so they can’t be sold to Fannie Mae or Freddie Mac.

Does Logix do motorcycle loans?

Motorcycle rates as low as 6.99% APR.

Do jumbo loans have lower rates?

Taking out a jumbo mortgage doesn’t immediately mean higher interest rates. In fact, jumbo mortgage rates are often competitive and may be lower than conforming mortgage rates. It ultimately depends on the lender and the market conditions.

Does Logix do Zelle?

It’s easy – Zelle® is already available within the Logix mobile app! Log into the app, select “Send Money with Zelle®” from the menus and follow the few simple steps to enroll with Zelle® today.

Is PMI required on jumbo loans?

Often, you will not have to pay PMI on Jumbo loans, as they usually require a higher down payment. PMI is designed for home buyers who make low down payments. However, since the down payment requirement will vary by lender, it is possible that your lender will require PMI in exchange for a lower down payment.

What are current jumbo rates?

What are current jumbo mortgage rates?

Product Interest Rate APR
30-Year Fixed-Rate Jumbo 5.500% 5.500%
15-Year Fixed-Rate Jumbo 4.780% 4.800%
7/1 ARM Jumbo 4.790% 4.840%
5/1 ARM Jumbo 4.310% 5.660%

What is Logix Zelle limit?

To determine Logix Federal Credit Union send limits, call our Member Service Center at 1-800-328-5328. There are no limits to the amount of money you can receive with Zelle®.

  • October 14, 2022