The total amount paid by JSC FCU and the seller cannot exceed 3% of the total amount financed based on a 95% loan-to-value ratio. The only items you will be responsible to pay for are the down payment and recurring costs which are property taxes, homeowner’s insurance, HOA dues and prepaid per diem interest. By accepting the no closing cost option, the rate will be 0.50% higher than if you choose to pay for closing cost. There will be a 2% pre-payment penalty on the unpaid principal balance if the loan is paid in full within the first two years of the loan. JSC FCU also provides an option without a pre-payment penalty. Certain credit and income qualifications may apply. Investment properties, Jumbo Loans and mortgage refinances are not eligible for this offer. Please contact a representative for more details. 3Discount on origination fee is based on the amount that is financed and cannot be combined with the no closing cost option. Please contact a JSC FCU representative for more details.JSC FCU reserves the right to cancel or change these promotions at any time.