*APR= Annual Percentage Rate. 1Promotion valid February 10, 2020 - April 30, 2020. To be eligible, you must close your mortgage on or before 7/31/2020 and have submitted an application during the time period 2/10/2020 - 4/30/2020. You choose between $500 Visa Gift card that will be given to you at time of closing or up to $500 maximum credit on your closing disclosure. Mortgage Loan: $300,000 borrowed for 360 months (30 years) with an APR of 3.489% would have a monthly payment of $1,326. The payment example does not include amounts for taxes and insurance premium, if applicable, and that the actual payment obligation will be greater. The terms listed are the maximum term available for qualified borrowers. Interest rates are subject to change based on the type of loan, the collateral, loan to value, borrower’s credit history, account relationship, and automatic payments. Rate is variable and can increase no more than 2 percentage points every 5 years with a lifetime maximum adjustment of 5%. Variable rate is based on 5 Year Treasury rate. 5 Year Treasury rate changes are shown in the Wall Street Journal. Adjustable Rate Mortgage (ARM) rates are subject to change during the term of the loan. Other conditions may apply. Equal Housing Lender. Federally Insured by NCUA. SouthPoint Home Mortgage is a division of SouthPoint Financial Credit Union.