Banking Is Different At Directions

As a not-for-profit financial cooperative, Directions is different by design! Lower fees and better rates are just the beginning of a better way to bank.

Auto & Recreational

Credit Card

Checking & Savings

Mortgage & Home Equity

Personal Loans

Business Commercial

Mortgage Rates
Rate APR* Term Effective Date
Fixed Rate 4.125% 4.189% 30 Year 11/13/2017
3.875% 3.963% 20 Year 11/13/2017
3.500% 3.613% 15 Year 11/13/2017
3.500% 3.664% 10 Year 11/13/2017

*Annual Percentage Rate. The annual percentage rate (APR) is based on a $150,000 loan amount, which includes 20% down payment, application fee, appraisal fee, credit report fee, etc. The annual percentage rate (APR) is an interest rate that is different from the note rate. The APR is designed to measure the “true cost of a loan.” This includes some costs/fees associated when obtaining a mortgage loan. It is not used to calculate payments. The interest rate, along with the term of the loan is used to calculate a payment. However, strictly relying on the comparisons of the APR amongst lenders may not always be a good way to determine the overall cost/fee associated with a mortgage. There are other costs/fees that are not included in the APR. By obtaining good faith estimates from lenders, which itemize all the costs/fees, assuming the same interest rate and loan term, a true comparison may be made when determining the lowest cost/fee associated with a mortgage. Rates are subject to change anytime.

For other terms and rates, please contact us.

Home Equity Fixed Rate Loans
Rate APR* Term Effective Date
90% LTV 5.50% 5.589% 10 Year Fixed 06/01/2017
80% LTV 5.25% 5.338% 10 Year Fixed 06/01/2017

Maximum loan amount available is 90% of the appraisal value less the first mortgage balance. Minimum loan amount is $5000.
Low closing costs & processing fee. *Rates effective as of 8/17/2017 and are subject to change anytime.

Home Equity Line of Credit Rate Loans
Rate APR* Term Effective Date
90% LTV 4.75% 4.75% 10 Year Variable 07/18/2017
80% LTV 4.25% 4.25% 10 Year Variable 07/18/2017
  • Maximum line of credit available is 90% of the appraisal value less the first mortgage balance
  • Minimum loan amount is $5000
  • Advances can be obtained during the first five years
  • Payment term is ten years
  • Low closing costs and processing fee
  • No prepayment penalty
  • Interest rate locked in at time of application
  • Variable rate, based on prime rate
    • Caps are 2 and 6
    • Rate will not increase more than 2% each year and not to exceed 6% during the term of the loan

*Rates effective as of 7/12/2017 and are subject to change any time.