Home Loan Rates

Open the door to opportunity

When you're ready to buy a home in South Dakota or spruce up your little piece of paradise, turn to Black Hills FCU for competitive rates on all sorts of home mortgage options.

Mortgage Rates

Name	InterestRate	LockInTerm	APR	TermInMonths
Secondary Market 15 Year Fixed Rate Mortgage	5.250%	45	5.540%	180
Secondary Market 30 Year Fixed Rate Mortgage	6.125%	45	6.307%	360
Secondary Market FHA Mortgage	5.500%	45	6.658%	360
Secondary Market VA Mortgage	5.250%	45	5.587%	360
In-House 5/5 Adjustable Rate Mortgage	6.625%	60	6.181%	360
In-House 5/1 Adjustable Rate Mortgage	6.625%	60	6.698%	360
In-House 6/1 Adjustable Rate Mortgage	6.625%	60	6.682%	360
In-House 7/1 Adjustable Rate Mortgage	6.625%	60	6.667%	360
In-House 15 Year Fixed Rate Mortgage	5.750%	60	5.985%	180
In-House 30 Year Fixed Rate Mortgage	6.625%	60	6.800%	360

Home Equity and Home Improvement Loan Rates*

Invest in your home.

Term	Term Type	Platinum 760 and over	Premier Plus 720-759	Premier 680-719	Standard 640-679	Value 600-639	Rebuilder 599 and under
0-60 Months	APR	7.65%	7.90%	8.15%	8.65%	10.65%	12.66%
0-60 Months	Rate	7.40%	7.65%	7.90%	8.40%	10.40%	12.40%
61-120 Months	APR	7.67%	8.13%	8.38%	8.88%	10.88%	12.89%
61-120 Months	Rate	7.54%	7.99%	8.24%	8.74%	10.74%	12.74%
121-180 Months	APR	7.84%	8.29%	8.54%	9.04%	11.05%	13.05%
121-180 Months	Rate	7.74%	8.19%	8.44%	8.94%	10.94%	12.94%

Home Equity And Home Improvement Balloon Rates*

Up to 20 Years Amortization, Balloon in 63 Months

Term	Term Type	Platinum APR 760 and over	Premier Plus APR 720-759	Premier APR 680-719	Standard APR 640-679	Value APR 600-639	Rebuilder APR 599 and under
Up to 20 Years	APR	8.39%	8.84%	9.09%	9.59%	11.60%	13.61%
Up to 20 Years	Rate	8.24%	8.69%	8.94%	9.44%	11.44%	13.44%

Home Equity Line of Credit Variable Rates**

Enjoy great rates!

Term	Platinum APR 760 and over	Premier Plus APR 720-759	Premier APR 680-719	Standard APR 640-679	Value APR 600-639	Rebuilder APR 599 and under
APR	7.25%	7.50%	7.75%	8.25%	10.25%	12.25%
Rate	7.25%	7.50%	7.75%	8.25%	10.25%	12.25%

Manufactured Home Loan Rates

Age of Home	Term	Platinum APR 760 and over	Premier Plus APR 720-759	Premier APR 680-719	Standard APR 640-679	Value APR 600-639	Rebuilder APR 599 and under
New to 4 Years	180 Months	7.50%	7.75%	8.00%	9.25%	11.25%	13.25%
5 to 8 Years	144 Months	7.50%	7.75%	8.00%	9.25%	11.25%	13.25%
9 to 14 Years	120 Months	8.50%	8.75%	9.00%	10.25%	12.25%	14.25%
15 Years and Older	72 Months	10.50%	10.75%	11.00%	12.25%	14.25%	16.00%

Note: 80% of purchase price or book value, whichever is lower.
Loan Payment Example: At 9.90% annual percentage rate (APR) for a 180 month term with 0% down, monthly payments are calculated at $10.68 per $1,000.00 borrowed.*
*Not all borrowers will qualify for lowest APR or 0% down. To find out if you qualify, call BHFCU at 605-718-1818 or 1-800-482-2428. A 1% reduction in the Value and Rebuilder interest rates will be given to those members who have successfully completed the Credit When Credit is Due course.
Note: Closing costs may increase the APR on real estate loans.
Some restrictions apply

Rates effective as of March 1, 2023 and subject to change without notice.

(APR = Annual Percentage Rate)

Black Hills Federal Credit Union offers a tiered-pricing program. This allows as many members as possible to obtain financing. Your individual rate will be determined by the type and/or age of collateral offered, length of the loan, and your credit history. We welcome your application! Loan Payment Example: At 7.50% annual percentage rate (APR) for a 180 month term with 0% down, monthly payments are calculated at $9.28 per $1,000.00 borrowed. Not all borrowers will qualify for lowest APR. To find out if you qualify, call BHFCU at 605-718-1818 or 1-800-482-2428.

*Rates stated as Annual Percentage Rate (APR). Rate may vary depending on credit history. Add 1% to interest rate on loans of 90% loan to value ratio or greater based on appraisal. Estimated fees payable to third parties and/or BHFCU to open the plan vary and range from $400 to $1,500, not including title insurance, if required. Property insurance is required. Rate subject to change without notice. Some restrictions apply. The APR calculation is based on a $50,000 loan amount with an average fee of $485 and the maximum term allowable.

**Rate stated as Annual Percentage Rate (APR). Rate may vary depending on credit history. Rates are variable and are subject to increase after consummation. Rates are based on the value of an index, plus or minus a margin. The index is the Prime Rate as published in the Wall Street Journal and is changeable on the first day of each month. The minimum APR that will apply during the plan is 4.00% and the maximum APR is 18.00% or the maximum allowed by law, whichever is less. Add 1% to interest rate on loans with a 90% or greater loan to value ratio based on the appraisal of the property. Estimated fees payable to third parties and/or BHFCU to open the plan vary and range from $375 to $1,200, not including title insurance, if required. Property insurance is required. Some restrictions apply. Fixed-rate, closed end loans available. Rate subject to change. Please call 605-718-1818 or 800-482-2428 for details.