Mortgage Loans

When it comes to mortgages, one size doesn’t fit all.

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Bringing you mortgage options for real life.

At Wings Financial, we’re bringing something new to the mortgage world: flexibility. With a wide range of fixed- and adjustable-rate mortgages, Wings offers the options, experience and support to help you finance your home. At the end of the day, it’s not about fitting a member into a mortgage. It’s about fitting the right mortgage to a member.

Homebuyer Education

Prepare yourself for your home buying journey with Wings Financial's home buying and home selling seminars, featuring knowledgeable real estate professionals.

Trusted Agent Partners

HomeAdvantage® connects you with a trusted agent, plus offers cash rewards for your purchase or sale.
Compare & find the best account for you. Fixed-Rate Mortgages Adjustable-Rate Mortgages (ARM)

Overview

With a fixed-rate mortgage, your interest rate will not change over the life of the loan. This offers stable, predictable monthly payments, making it a good option if you plan to stay in your home long term.

Offers lower rates than a standard fixed-rate mortgage, with a fixed rate for the first 5, 7, or 10 years. After that, the rate may adjust annually. If you are a first-time homebuyer or do not plan on staying in your home for more than a few years, a Wings ARM loan may be right for you.

Available Options

30-year, 20-year, 15-year, and 10-year fixed; 30-year Jumbo

10/5, 10/1, 7/1, and 5/1 ARM;
all terms available as Jumbo loan

Minimum Down Payment2

3% (first-time buyers/30-year fixed only); otherwise, 5%

3%

PMI Required?

Yes, if down payment is less than 20%

Yes, if down payment is less than 20% 
No, if down payment is 10% and you meet certain requirements

Loan Origination Fee3

$950

$950

Closing Costs

No application, processing, underwriting or document prep fees;
third-party closing costs apply and will be estimated after pre-approval.

No application, processing, underwriting or document prep fees;
third-party closing costs apply and will be estimated after pre-approval.

 

Specialized mortgages for buyers.

Wings offers two additional mortgage options for those interested in buying a home.

10% down payment, no-PMI ARM

With a Wings adjustable-rate mortgage, you can avoid paying Private Mortgage Insurance (PMI) if you have a 10% down payment, a credit score of 720 or higher, and an active Wings checking account.

This option is available for ARM products up to $1,000,000. For loans greater than $1,000,000, speak to a loan officer for details.

Jumbo Mortgages

Wings offers jumbo financing at a great rate. With fixed- and adjustable-rate jumbo mortgages, low closing costs and a low origination fee on all closed loans, Wings makes it easy to get the most home for your money.

Our Loan Officers are here to help.

Buying a home is one of the biggest purchases most people will make. Whether you're ready to apply or just gathering information, Wings Loan Officers are here to help answer your mortgage loan questions.

Contact Us Today

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Mortgage Rates

Fixed-Rate Rate - Add .50% to all rates for refinance transactions APR Monthly Payment1 Example Loan Amount
30 Year Fixed 3.500% 3.544% $898.09 $200,000
20 Year Fixed 3.250% 3.311% $1,134.39 $200,000
15 Year Fixed 3.125% 3.204% $1,393.22 $200,000
10 Year Fixed 3.000% 3.114% $1,931.21 $200,000
Adjustable-Rate Rate - Add .50% to all rates for refinance transactions APR Monthly Payment1 Example Loan Amount
10/5 Year ARM 3.375% 3.490% $884.19 $200,000
10/1 Year ARM 3.250% 3.365% $870.41 $200,000
7/1 Year ARM 3.125% 3.285% $856.75 $200,000
5/1 Year ARM 2.875% 3.096% $829.78 $200,000
Jumbo Loan Rate - Add .50% to all rates for refinance transactions APR Monthly Payment1 Example Loan Amount
30 Year Fixed Jumbo 3.375% 3.392% $2,210.48 $600,000
10/5 Year ARM Jumbo 3.250% 3.296% $2,176.03 $600,000
10/1 Year ARM Jumbo 3.125% 3.171% $2,141.88 $600,000
7/1 Year ARM Jumbo 3.000% 3.064% $2,108.02 $600,000
5/1 Year ARM Jumbo 2.750% 2.838% $2,041.21 $600,000
1APR & Payment Examples - The APR and monthly payment examples assume a 20% down payment, 360 total monthly payments (240 for 20 Year Fixed, 180 for 15 Year Fixed, and 120 for 10 Year Fixed), and $1809.00 estimated borrower pre-paid finance charges. If the down payment is less than 20%, mortgage insurance may be required on the loan and could result in an increased APR and payment. Adjustable-Rate Mortgage rates are variable and subject to increase after consummation.

Estimate your mortgage payment.

Enter your home information and loan information into the calculator to find out what your estimated monthly mortgage payment will be.

Calculate Your Mortgage

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What our members love.

We love helping members like Adam and Rachel buy the home that’s right for them. We’ll support you with expert guidance, resources and advice from pre-approval to close.

Attend a free home seminar.

Prepare yourself for your home buying journey with Wings Financial's home buying and home selling seminars, featuring knowledgeable real estate professionals.

Register Now

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Let us help you get the financing you need.

We make it easy to apply for a mortgage. Apply today using our simple, online application and a Loan Officer will work with you to finalize your loan.

Apply Now

Not a Member? Join Now

23% minimum down payment available for new-purchase, 30-year fixed-rate mortgage for first-time homebuyers only and adjustable-rate mortgages (ARMs) for all borrowers. Additional third-party closing costs will apply.

3Additional third-party closing costs will apply. Membership with a $5.00 minimum opening deposit is required. Please speak to a Loan Officer for details.

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