Below are the unique loan programs offered at Ocean State Credit Union. APR in the column below indicates Annual Percentage Rate. To learn more about how we may assist you with these programs and others that we offer - please call our Mortgage Loan Specialist at 401-392-2362.
| Program Name | Rate | Points | APR |
|---|---|---|---|
| 30 Year Fixed (Conforming) | 7.000% | 0.000% | 7.099% |
| 20 Year Fixed (Conforming) | 6.625% | 0.000% | 6.752% |
| 15 Year Fixed (Conforming) | 6.250% | 0.000% |
6.407% |
| 10 Year Fixed (Conforming) |
6.250% | 0.000% | 6.471% |
| 30 Year FHA/VA (FHA) | 7.125% | 0.000% | 8.205% |
| USDA Rural (USDA-RHS) | 6.500% | 0.000% | 7.329% |
| 5/1 ARM (Conforming) | 6.000% | 0.000% | 6.486% |
| 7/1 ARM (Conforming) | N/A% | 0.000% | N/A% |
| 10/1 ARM (Conforming) | N/A% | 0.000% | N/A% |
| 5/1 ARM (Jumbo) | 6.125% | 0.000% | 6.535% |
| 7/1 ARM (Jumbo) | N/A% | 0.000% | N/A% |
| 10/1 ARM (Jumbo) | N/A% | 0.000% | N/A% |
| Land Loan (Conforming) |
5.250% | 0.000% | 6.673% |
| Const.3/1 ARM (Conforming) | 6.375% | 0.000% | 6.824% |
Rates and APR's (Annual Percentage Rates) are subject to change without notice.
Rates last updated on 06/09/2025
**Rates do not take into consideration possible adjustments based on applicant's credit score, loan-to-value, combined loan-to-value, subordinate financing, occupancy, appraised value, down payment, property type, property use and loan purpose.
For Rhode Island Housing rates, please call Tom Carroll at (401) 392-2362.
Calculate your monthly payment for fixed rate or adjustable rate loans.