A People‑First Look at Real Monthly Savings
Looking to buy a home or refinance? Now is truly the perfect time.
For a limited time, Corazo Credit Union members receive an additional 0.50% APR discount on their mortgage rate*, delivering meaningful savings month after month.
But what does a half‑percent really mean for your budget? Let’s break it down.
What a 0.50% Discount Looks Like in Real Dollars
To show how powerful this discount can be, here’s a simple example using a common home loan scenario:
Loan Amount: $300,000
Loan Term: 30 years (fixed)
Standard Rate: 6.50% APR*
Discounted Rate: 6.00% APR*
Monthly Payment Comparison
| Scenario | Monthly Payment |
|---|---|
| Standard 6.50% Rate | $1,896 |
| With 0.50% Discount (6.00%) | $1,799 |
👉 Monthly Savings: $97
👉 Annual Savings: $1,160+
👉 Lifetime Savings (30 years): Over $34,000
That’s the impact of just half a percent and that’s the impact of Corazo financing.
Why This Matters for Homebuyers & Refinance Members
A lower rate means:
- More affordable monthly payments
- Increased long‑term savings
- Better budget flexibility
- Greater confidence in your homebuying journey
Whether you’re stepping into your first home or refinancing to improve your financial comfort, we’re here to help you make the most of this limited‑time offer.
Want to See Your Own Numbers?
Every member’s financial situation is unique. If you’d like to know exactly how much you could save with your loan amount and term, our Mortgage Team is ready to help run the numbers.
Visit our Mortgage Center or contact Corazo Credit Union today to explore your personalized savings.
*Annual Percentage Rate. Corazo Credit Union is an Equal Housing Opportunity Lender. NMLS #793140. Must qualify for membership with Corazo Credit Union. Rate discount of 0.50% below market rate applies to Portfolio Home Loans only. The rates, loan programs, fees, options and guidelines in any loan scenario shown: (i) are for illustrative purposes only; (ii) are subject to change without notice; (iii) are subject to restrictions; (iv) will not apply to all members or situations; and (v) do not represent a commitment to lend. Applicants must meet all products and investor guidelines for program eligibility. Contact a Mortgage Loan Originator for details. Corazo Credit Union operates only in states where it is authorized to conduct business. Additional origination support services provided by Navigator Lending Solutions, a division of Land Home Financial Services, Inc. NMLS #1796