Northwest FCS offers a variety of real estate interest rate programs depending on the loan purpose, repayment terms, risk level and flexibility you need.

Fixed Rates

• Interest rate is fixed for the life of the loan.
• Available for maturities of 5, 10, 15, 20 or 25 years.
• Fixed-rate loans may be subject to prepayment fees.

Fixed-to-Conversion Rates

• Interest rate is initially fixed for 3 to 15 years, then converts to a variable rate.
• Interest rate can be re-fixed while on the variable rate for terms of 3 years, up to the remaining loan term.
• Available for loan maturities of 10, 15, 20 or 25 years.
• Loans may be subject to prepayment fees while on a fixed rate.
• Loans are fully prepayable, without fee, once converted to the variable rate.
• Variable rate is subject to change on a regular frequency, typically monthly.

Variable with Fixed Option

• Interest rate is initially a variable rate.
• Interest rate can be fixed for terms of 3 years, up to the remaining loan term.
• Available for loan maturities of 10, 15, 20 or 25 years.
• Loans are fully prepayable, without fee, on both the variable and fixed rate.
• Variable rate is subject to change on a regular frequency, typically monthly.

Variable Rates

• Interest rate is variable for the life of the loan.
• Variable rate loans are fully prepayable, without fee.
• Rate is subject to change on a regular frequency, typically monthly.