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Mortgage Payment Sweepstakes

Win 12 months
of mortgage payments –
up to $18,000!

Apply Now
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What could you do in a year without mortgage payments?

One lucky home buyer will save up to $18,000 in mortgage payments in their first year. It's a chance to make your new home your dream home!

NO PURCHASE NECESSARY. Must be 18 years or older as of 3/1/23. Void where prohibited. Excludes residents of Florida, New York, and Rhode Island. Sweepstakes begins 3/1/23 and ends 5/31/23. Participants must apply between 3/1/23 and 5/31/23 and close by 8/1/23. One (1) winner will receive up to $1,500 per month for 12 months for a total of $18,000 to cover loan principal and interest payments. Escrow, taxes, insurance, HOA fees, etc. are not included. Membership with $5 Share Savings account required to close on a mortgage loan. See full sweepstakes rules at wingsfinancial.com/MortgagePaymentSweepsRules.

Mortgage Rates for New Purchases

Fixed-Rate Loan
(up to $726,200)
Purchase Rate
As Low As1
Purchase
APR2
Loan
Amount
Monthly
Payment
30 Year 6.125% 6.156% $350,000 $2,126.64
20 Year 5.875% 5.915% $350,000 $2,482.33
15 Year 5.375% 5.425% $350,000 $2,836.63
10 Year 5.375% 5.447% $350,000 $3,776.78
Adjustable-Rate Loan
(up to $726,200)
Purchase Rate
As Low As1
Purchase
APR2
Loan
Amount
Monthly
Payment
15/1 ARM - 30 Year 6.000% 6.051% $350,000 $2,098.43
10/5 ARM - 30 Year 6.000% 6.072% $350,000 $2,098.43
10/1 ARM - 30 Year 5.875% 5.947% $350,000 $2,070.38
7/1 ARM - 30 Year 5.250% 5.349% $350,000 $1,932.71
5/1 ARM - 30 Year 5.000% 5.135% $350,000 $1,878.88
5/1 ARM - 40 Year 5.250% 5.385% $350,000 $1,746.05
Jumbo Loan
(greater than $726,200)
Purchase Rate
As Low As1
Purchase
APR2
Loan
Amount
Monthly
Payment
15/1 ARM 5.875% 5.898% $800,000 $4,732.30
10/5 ARM 5.875% 5.908% $800,000 $4,732.30
10/1 ARM 5.750% 5.782% $800,000 $4,668.58
7/1 ARM 5.125% 5.169% $800,000 $4,355.90
5/1 ARM 4.875% 4.936% $800,000 $4,233.67
30 Year Fixed 6.125% 6.139% $800,000 $4,860.88
General Terms for all Loans:
1Rates are based on an evaluation of your credit history and other factors, so your rate may differ.
2The APR (Annual Percentage Rate) and monthly payment examples assume a 20% down payment and $1143.80 ($1178.80 JUMBO) estimated borrower pre-paid finance charges. If the down payment is less than 20%, private mortgage insurance (PMI) may be required on the loan and could result in an increased APR and payment.
Rate Locks - 60 Days - No Fee
$950 loan origination fee - Additional third-party closing costs will apply.

Additional Fixed Rate Terms:
The 30-year fixed rate mortgage product with 3% minimum down payment (97% LTV) available to first-time home buyers only.
Fixed rate mortgages may be subject to FNMA fees based on credit score, LTV and other factors which may apply.

Additional Adjustable-Rate Mortgage (ARM) Terms:
Adjustable-Rate Mortgage (ARM) rates are subject to change according to product terms.
ARM product with 10% down payment (90% LTV) with no PMI are subject to a rate add on of 0.125%.
ARM product with 3% minimum down payment (97% LTV) with no PMI are available to first-time home buyers only subject to a rate add on of 0.25%.
3% minimum down payment (97% LTV) available to all homebuyers on ARM products but is subject to PMI.

Membership with a $5 Share Account required.

Rates effective as of March 28, 2023 and subject to change.

Mortgage Rates for Refinances

Fixed-Rate Loan
(up to $726,200)
Refinance Rate
As Low As1
Refinance
APR2
Loan
Amount
Monthly
Payment
30 Year 6.125% 6.156% $350,000 $2,126.64
20 Year 5.875% 5.915% $350,000 $2,482.33
15 Year 5.375% 5.425% $350,000 $2,836.63
10 Year 5.375% 5.447% $350,000 $3,776.78
Adjustable-Rate Loan
(up to $726,200)
Refinance Rate
As Low As1
Refinance
APR2
Loan
Amount
Monthly
Payment
15/1 ARM 6.000% 6.051% $350,000 $2,098.43
10/5 ARM 6.000% 6.072% $350,000 $2,098.43
10/1 ARM 5.875% 5.947% $350,000 $2,070.38
7/1 ARM 5.250% 5.349% $350,000 $1,932.71
5/1 ARM 5.000% 5.135% $350,000 $1,878.88
Jumbo Loan
(greater than $726,200)
Refinance Rate
As Low As1
Refinance
APR2
Loan
Amount
Monthly
Payment
15/1 ARM 5.875% 5.898% $800,000 $4,732.30
10/5 ARM 5.875% 5.908% $800,000 $4,732.30
10/1 ARM 5.750% 5.782% $800,000 $4,668.58
7/1 ARM 5.125% 5.169% $800,000 $4,355.90
5/1 ARM 4.875% 4.936% $800,000 $4,233.67
30 Year Fixed 6.125% 6.139% $800,000 $4,860.88
General Terms for all Loans:
1Rates are based on an evaluation of your credit history and other factors, so your rate may differ.
2The APR (Annual Percentage Rate) and monthly payment examples assume 80% Loan-to-Value (LTV) and $1143.80 ($1178.80 JUMBO) estimated borrower pre-paid finance charges. If the LTV is greater than 80%, private mortgage insurance (PMI) may be required on the loan and could result in an increased APR and payment.
Rate Locks - 60 Days - No Fee
$950 loan origination fee - Additional third-party closing costs will apply.

Additional Fixed Rate Terms:
Fixed rate mortgages may be subject to FNMA fees based on credit score, LTV and other factors which may apply.

Additional Adjustable-Rate Mortgage (ARM) Terms:
Adjustable-Rate Mortgage (ARM) rates are subject to change according to product terms.
ARM product with 90% LTV with no PMI is subject to a rate add on of 0.125%


Membership with a $5 Share Account required.

Rates effective as of March 28, 2023 and subject to change.

RateKeeper helps you house hunt with confidence.

Now you can search for the right home without extra stress about rising interest rates. Wings' new early rate-lock program, RateKeeper, lets you lock in a loan rate while you shop.

Learn More

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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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