Fixed Rate Mortgages

Fixed Rate Mortgages are ideal for homeowners who want the security of a monthly principal and interest payment that will not change over the life of their loan.

Take advantage of RFCU's Fixed Rate mortgages now, and rest easy in knowing your rate is not subject to change over the life of your mortgage. We proudly offer numerous options with Fixed Rate Mortgages.

How does a Redstone Fixed Mortgage work?

  • Rate remains fixed for the life of the loan
  • Maximum financing up to $417,000 and additional terms are available for loan amounts of $417,001 to $500,000

Why should I choose Redstone Fixed Mortgage?

  • Easily apply online, over the phone, or in person by scheduling an appointment at 256-882-8500.
  • Various terms available
  • Competitive rates


*Based upon 1% origination fee RFCU® members saved in 2015.

**Offer valid March 1 to April 30, 2016. $1.00 origination fee applies to first mortgages and mortgage refinances only; the loan application must be received by April 30, 2016.

A typical purchase transaction example for 30 Year/20 Year/15 Year/10 Year mortgagesThe information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $90,000 and a purchase price of $120,000 (assumes a 25% down payment). The property is located in AL and is within Madison County. The property is an existing single family home and will be used as a primary residence. The rate lock period is 45 days and the assumed credit score is 750. For a 30-Year Fixed Rate Mortgage at 3.625% interest rate with zero discount points, the APR is 3.733%. The monthly payment schedule would be 359 payments at $410.45 and 1 final payment of $407.87. For a 20-Year Fixed Rate Mortgage at 3.375% with zero discount points, the APR is 3.524%. The monthly payment schedule would be 239 payments at $516.20 and 1 final payment of $516.60. For a 15-Year Fixed Rate Mortgage at 2.75% with zero discount points the APR is 2.94%. The monthly payment schedule would be 179 payments at $610.76 and 1 final payment of $610.68. For a 10-Year Fixed Rate Mortgage at 2.625% with zero discount points, the APR is 2.9%. The monthly payment schedule would be 119 payments at $853.56 and 1 final payment of $852.81. If the down payment is less than 20 percent, private mortgage insurance (PMI) will be required, which could increase the APR and/or monthly payment. An escrow (impound) account is required and thus the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.

Must be an RFCU member to obtain a loan. Must be eligible for membership and open a share savings account.  A minimum balance of $5.00 is required to open and be maintained in share savings account at all times.  Fees and other restrictions may apply.   All loans subject to credit approval.  Rates, terms, and conditions are subject to change without notice.  Other restrictions may apply.  RFCU is an Equal Credit Opportunity Lender.  Rates are determined by an evaluation of applicant credit at account opening.  Your rate may be different. Fixed rates remain fixed for the life of the loan and adjustable rates are subject to change after consummation. Various Mortgage programs and terms are available. Must create separate user name and password to gain access to mortgage application process.

$1 Origination fee

Apply for a Mortgage Today

It's easy to apply online!


Or meet the members of our dedicated team of Mortgage Loan Originators.

Meet Our Team

Tired of Your House?

Now may be the time to sell your existing home and buy your dream home. Download the guide for more info.

download ebook

Have Questions about Mortgages?

View the Mortgage Center, contact us online, or call us at:

256-882-8500 (Huntsville area)
800-234-1234 x8500 (toll free)
Monday - Friday: 9 a.m. – 5 p.m.

Mortgage Calculator

Get calculators, rates and much more in the Mortgage Center.

Need Home Insurance?

Redstone members can get special savings on home insurance.

Get a Quote Now