- Competitively low rates for home purchase or refinance
- Available for primary residence, second homes, vacation homes, or investment properties
- Flexible terms up to 30 years available
- Fixed rate and adjustable rate mortgages (ARMs) available
- Helpful loan advisors with working knowledge of the local real estate market
- Free pre-approval for extra confidence when it comes to securing financing
- Refinance your current home to potentially lower your rate
- Local decision-making and processing of your loan request
- Detailed, friendly service from start to finish
Visit our mortgage web center to learn more about our mortgage loans, view current rates, and apply!
Unlock your home's equity today with a second mortgage from WinSouth! Use the equity in your home for renovations, vacations, debt consolidation, college expenses, and much more.
What's the difference between a HELOC and a second mortgage?
HELOC:
- Revolving line of credit (similar to a credit card)
- Rate can fluctuate
- Continued access to funds
- Typically used for projects/expenses under $100,000
Second Mortgage:
- Installment loan
- Fixed rate and term
- Minimum loan amount is $20,000
Property insurance is required. Available equity is based upon the current assessed value of your property minus the first mortgage balance. Maximum loan to value is 90%. Consult a tax advisor regarding the deductibility of interest. Not available for business accounts. Limited to primary residences in the state of Alabama. Subject to membership and credit approval. Rates, terms, and conditions subject to change without notice. Some restrictions apply.
- Competitively low rates for home purchase or refinance
- Fixed term for five years then adjustable each year there after
- Helpful loan advisors with working knowledge of the local real estate market
- Free pre-approval for extra confidence when it comes to securing financing
- Refinance your current home to potentially lower your rate
- Local decision-making and processing of your loan request
- Detailed, friendly service from start to finish
Visit our mortgage web center to learn more about our mortgage loans, view current rates, and apply!
Benefits of Government-backed mortgage loans originated by WinSouth Credit Union
FHA, VA, and USDA loans can provide members with attractive financing options while allowing WinSouth Credit Union to originate the loan and have it serviced by another lender.
Benefits to the member
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Low to no down-payment options - FHA and USDA financing can offer low- or even no-down payment options for qualified borrowers and eligible veterans and service members may qualify for 100% financing with no down payment in many circumstances with a VA mortgage loan.
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Flexible Credit Guidelines - Government backed programs may provide financing opportunities for borrowers who don't fit traditional conventional lending criteria.
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Competitive Interest Rates - Government back loans can offer competitive rates and terms for qualified borrowers along with lower down payments can help members preserve savings for emergencies, moving expenses, home improvements, or other needs.
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USDA Rural Housing Opportunities - Qualified borrowers purchasing in eligible rural areas may be able to finance a home with no down payment.
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FHA Accessibility - FHA financing can be particularly helpful for first-time homebuyers or borrowers with limited funds for a down payment.
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VA Borrower Advantages - VA loans generally do not require monthly private mortgage insurance, which can provide a significant long-term payment advantage.
Benefits of having WinSouth originate the loan
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Local relationship and personal service - The member starts the mortgage process with a financial institution they know and trust.
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Local decision making and expertise - WinSouth's mortgage team can help members understand which financing options best fits their situation.
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One stop financial relationship - Members can continue to use WinSouth for checking, savings, auto loans, credit cards, HELOCs and other financial needs.
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Potential for additional relationship opportunities - The mortgage process creates opportunities to deepen the member relationship with WinSouth.
Please contact one of our local mortgage originators for additional details or email [email protected] for assistance.
- Competitive rates for manufactured homebuyers
- Purchase your home at a competitive rate and have it installed on your private property
- Max term of 10 years
- Manufactured home must be less than 7 years old
- Local decision-making and processing of your loan request
- Detailed, friendly service from start to finish
The HMDA data about our residential mortgage lending is available online for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions is also available online. For more information, visit the Consumer Financial Protection Bureau’s Web site (www.consumerfinance.gov/hmda). HMDA data is also available at ffiec.cfpb.gov.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total interest earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Boat & RV Loans
| Term | APR |
|---|---|
| 144 months | 7.35% |
| 120 months | 7.10% |
| 84 months | 6.50% |
| 60 months | 6.00% |
| 48 months | 5.75% |
| 36 months | 5.75% |
| 12 months | 5.75% |
Credit Cards
| Card Type | APR | Payment |
|---|---|---|
| Visa Classic | 9.90% - 13.50% | 3% of balance |
Individual Retirement Accounts
| Term | Minimum Opening Balance | APY |
|---|---|---|
| 6 month | $1,000 | 0.70% |
| 6 month special | $1,000 | 4.00% |
| 12 month | $1,000 | 0.85% |
| 12 month special | $1,000 | 4.10% |
| 24 month | $1,000 | 3.75% |
| 36 month | $1,000 | 3.75% |
| 48 month | $1,000 | 3.75% |
| 60 month | $1,000 | 3.75% |
| IRA Club Account 66 | $1,000 | 0.30% |
Penalty for early withdrawal
Money Market Accounts
| Balance Required | APY |
|---|---|
| $1,000 - $4,999 | 1.50% |
| $5,000 - $9,999 | 1.50% |
| $10,000 - $14,999 | 2.00% |
| $15,000 - $49,999 | 2.50% |
| $50,000 - $99,999 | 2.75% |
| $100,000 - $199,999 | 2.75% |
| $200,000+ | 2.75% |
Loan Rates
Terms and conditions are subject to change without notice. Some restrictions may apply. All loan APR rates quoted are subject to credit approval and rates may vary based on individual creditworthiness. Please contact a WinSouth Credit Union Employee for further information about applicable fees and terms.
The below rates represent the lowest possible rate for each term and loan type. Individual rates vary based upon individual credit worthiness. Example: A 5 year (60 month) fixed-rate loan for a $25,000 car. Based on an APR of 6.00%, this loan would have a monthly payment of $483.32.
Motorcycles & Side by Sides
| Term | APR |
|---|---|
| 72 months | 7.25% |
| 60 months | 6.75% |
| 48 months | 6.50% |
| 36 months | 6.25% |
| 12 months | 6.25% |
New Auto Loans
| Term | APR |
|---|---|
| 84 months | 5.90% |
| 72 months | 5.25% |
| 60 months | 5.00% |
| 48 months | 4.85% |
| 36 months | 4.85% |
| 12 months | 4.85% |
Personal Loans
| Term | APR |
|---|---|
| 60 months | 12.74% |
| 48 months | 11.74% |
| 36 months | 10.99% |
| 24 months | 9.99% |
| 12 months | 8.99% |
| 90 Day Note Unsecured | 12 month unsecured rate + 1% |
| Overdraft Protection | 15.00% |
Real Estate
Winsouth offers both fixed and variable rate mortgages.
Please contact your local office for current rates or click below for a personalized quote.
Secured Loans
| Loan Type | Term | APR |
|---|---|---|
| Other Secured | 60 months | 7.25% |
| Other Secured | 48 months | 6.75% |
| Other Secured | 36 months | 6.50% |
| Other Secured | 12 months | 6.50% |
| Share Secured | 36 months | Share rate + 2%* |
| Share Secured | 12 months | Share rate + 2%* |
| Secured 90 Day Note | 90 days | Collateral rate + 1% |
| Certificate Secured | Certificate term | Certificate rate + 2%* |
*Minimum rate 3%
Share Accounts
| Account | Minimum Opening Deposit | Minimum Balance to Earn Dividends | APY |
|---|---|---|---|
| Share Savings | $25 | $2,000 | 0.10% |
| Super Savings | $1,000 | $1,000 | 0.25% |
| Whatever Savings | $5 | $5 | 0.10% |
| Christmas Club | $5 | $5 | 0.10% |
Share Certificate
| Term | Minimum Opening Balance | APY |
|---|---|---|
| 6 month | $1,000 | 0.70% |
| 6 month special | $1,000 | 4.00% |
| 12 month | $1,000 | 0.85% |
| 12 month special | $1,000 | 4.10% |
| 24 month | $1,000 | 3.75% |
| 36 month | $1,000 | 3.75% |
| 48 month | $1,000 | 3.75% |
| 60 month | $1,000 | 3.75% |
Used Auto Loans
| Term | APR |
| 84 Months | 6.05% |
| 72 Months | 5.40% |
| 60 Months | 5.15% |
| 48 Months | 5.00% |
| 36 Months | 5.00% |
| 12 Months | 5.00% |