Mortgage Loans
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Bringing you purchase and refinance options for real life.
At Wings, we’re bringing something new to the mortgage world: flexibility. With a wide range of fixed and adjustable-rate options, Wings offers the choices, experience and support to help you finance or refinance your home. At the end of the day, it’s not about fitting a member into a mortgage. It’s about fitting the right mortgage to a member.
Homebuyer Education
Prepare yourself for your home buying journey with Wings' home buying and home selling seminars, featuring knowledgeable real estate professionals.
Flexible Product Options
Fixed and adjustable-rate mortgage options provide flexibility for your payments, rate and term.
Contact Our Team
Wings Loan Officers are here to help you answer your loan questions. Reach out to schedule an appointment (in-person or virtual) or communicate via phone or email with our team.
Compare & find the best account for you.
| Fixed-Rate Mortgages | Adjustable-Rate Mortgages (ARM) | Jumbo Mortgages | |
|---|---|---|---|
|
Overview |
With a fixed-rate mortgage, your interest rate will not change over the life of the loan. This offers stable, predictable monthly payments, making it a good option if you plan to stay in your home long term. |
Offers lower rates than a standard fixed-rate mortgage, with a fixed rate for the first 5, 7, or 10 years. After that, the rate may adjust annually. If you are a first-time homebuyer or do not plan on staying in your home for more than a few years, a Wings ARM loan may be right for you. |
Wings offers jumbo financing at a great rate. With fixed- and adjustable-rate jumbo mortgages, low closing costs and a low origination fee on all closed loans, Wings makes it easy to get the most home for your money. |
|
Available Options |
30-year, 20-year, 15-year, and 10-year fixed; |
30-year 10/1, 7/1, and 5/1 ARM; |
30-year fixed; 30-year 10/1, 7/1, and 5/1 ARM; |
|
Minimum Down Payment |
5%; 3% for first-time homebuyers |
5%; 3% for first-time homebuyers |
10% |
|
PMI Requirement |
Yes, if down payment is less than 20% |
Yes, if the down payment is less than 20%. No-PMI options available for down payments as low as 10% or 3% for first-time homebuyers |
Yes, if down payment is less than 20% |
|
Loan Origination Fee |
$1,250 or less1 |
$1,250 or less1 |
$1,500 |
|
Closing Costs |
No application, processing, underwriting or document prep fees; |
No application, processing, underwriting or document prep fees; |
No application, processing, underwriting or document prep fees; |
1Origination Fee: $1,250 or 1% of loan amount, whichever is lower
Mortgage Rates for New Purchases
| Fixed-Rate Loan (up to $806,500) |
Purchase Rate As Low As1 |
Purchase APR2 |
Points3
PointsPoints are an amount paid to the mortgage lender at closing used to lower the interest rate. One point is equal to one percent of the loan amount (for example, 1 point on a $100,000 mortgage would equal $1,000). |
Loan Amount |
Monthly Payment4 |
|---|---|---|---|---|---|
| 30 Year | 6.375% | 6.497% | 1.0 | $350,000 | $2,183.54 |
| 20 Year | 5.875% | 6.017% | 1.0 | $350,000 | $2,482.33 |
| 15 Year | 5.500% | 5.716% | 1.0 | $350,000 | $2,859.79 |
| 10 Year | 5.375% | 5.626% | 1.0 | $350,000 | $3,776.78 |
| Adjustable-Rate Loan (up to $806,500) |
Purchase Rate As Low As1 |
Purchase APR2 |
Points3
PointsPoints are an amount paid to the mortgage lender at closing used to lower the interest rate. One point is equal to one percent of the loan amount (for example, 1 point on a $100,000 mortgage would equal $1,000). |
Loan Amount |
Monthly Payment4 |
|---|---|---|---|---|---|
| 10/1 ARM - 30 Year | 5.875% | 6.294% | 1.0 | $350,000 | $2,070.38 |
| 7/1 ARM - 30 Year | 5.375% | 6.179% | 1.0 | $350,000 | $1,959.90 |
| 5/1 ARM - 30 Year | 5.375% | 6.340% | 1.0 | $350,000 | $1,959.90 |
| 5/1 ARM - 40 Year5 | 5.625% | 6.477% | 1.0 | $350,000 | $1,835.06 |
| Jumbo Loan (greater than $806,500) |
Purchase Rate As Low As1 |
Purchase APR2 |
Points3
PointsPoints are an amount paid to the mortgage lender at closing used to lower the interest rate. One point is equal to one percent of the loan amount (for example, 1 point on a $100,000 mortgage would equal $1,000). |
Loan Amount |
Monthly Payment4 |
|---|---|---|---|---|---|
| 10/1 ARM - 30 Year | 5.875% | 6.286% | 1.0 | $950,000 | $5,619.61 |
| 7/1 ARM - 30 Year | 5.500% | 6.200% | 1.0 | $950,000 | $5,394.00 |
| 5/1 ARM - 30 Year | 5.500% | 6.346% | 1.0 | $950,000 | $5,394.00 |
| 30 Year Fixed | 6.375% | 6.489% | 1.0 | $950,000 | $5,926.76 |
General Terms for all Loans:
1Rates are based on an evaluation of your credit history and other factors, so your rate may differ.
2The APR (Annual Percentage Rate) and monthly payment examples assume a 30% downpayment, a credit score of 780 or higher and $4,896.00 ($11,285.00 JUMBO) estimated borrower pre-paid finance charges. If the down payment is less than 20%, private mortgage insurance (PMI) may be required on the loan and could result in an increased APR and payment.
3Points are an amount paid to the mortgage lender at closing used to lower the interest rate. One point is equal to one percent of the loan amount (for example, 1 point on a $100,000 mortgage would equal $1,000).
4Monthly payment examples do not include any applicable taxes or insurance premiums. Actual payments could be higher.
5For first-time homebuyers only.
Origination Fee: $1,250 or 1% of loan amount, whichever is lower. Additional third-party closing costs will apply.
Additional Fixed Rate Terms:
The 30-year fixed rate mortgage product with 3% minimum down payment (97% LTV) available to first-time home buyers only.
Fixed rate mortgages may be subject to FNMA fees based on credit score, LTV and other factors which may apply.
Additional Adjustable-Rate Mortgage (ARM) Terms:
Adjustable-Rate Mortgage (ARM) rates are subject to change according to product terms.
ARM product with 10% down payment (90% LTV) with no PMI are subject to a rate/APR add on of 0.125%. Active checking account with ACH direct deposit(s) of $1,000 or more per month and 5 or more debit card transactions per month required. Available for ARM products up to $1,000,000.
ARM product with 3% minimum down payment (97% LTV) with no PMI are available to first-time home buyers only subject to a rate/APR add on of 0.25%.
3% minimum down payment (97% LTV) available to all homebuyers on ARM products but is subject to PMI.
Membership with a $5 Share Account required.
Rates effective as of August 8, 2025 and subject to change.
1Rates are based on an evaluation of your credit history and other factors, so your rate may differ.
2The APR (Annual Percentage Rate) and monthly payment examples assume a 30% downpayment, a credit score of 780 or higher and $4,896.00 ($11,285.00 JUMBO) estimated borrower pre-paid finance charges. If the down payment is less than 20%, private mortgage insurance (PMI) may be required on the loan and could result in an increased APR and payment.
3Points are an amount paid to the mortgage lender at closing used to lower the interest rate. One point is equal to one percent of the loan amount (for example, 1 point on a $100,000 mortgage would equal $1,000).
4Monthly payment examples do not include any applicable taxes or insurance premiums. Actual payments could be higher.
5For first-time homebuyers only.
Origination Fee: $1,250 or 1% of loan amount, whichever is lower. Additional third-party closing costs will apply.
Additional Fixed Rate Terms:
The 30-year fixed rate mortgage product with 3% minimum down payment (97% LTV) available to first-time home buyers only.
Fixed rate mortgages may be subject to FNMA fees based on credit score, LTV and other factors which may apply.
Additional Adjustable-Rate Mortgage (ARM) Terms:
Adjustable-Rate Mortgage (ARM) rates are subject to change according to product terms.
ARM product with 10% down payment (90% LTV) with no PMI are subject to a rate/APR add on of 0.125%. Active checking account with ACH direct deposit(s) of $1,000 or more per month and 5 or more debit card transactions per month required. Available for ARM products up to $1,000,000.
ARM product with 3% minimum down payment (97% LTV) with no PMI are available to first-time home buyers only subject to a rate/APR add on of 0.25%.
3% minimum down payment (97% LTV) available to all homebuyers on ARM products but is subject to PMI.
Membership with a $5 Share Account required.
Rates effective as of August 8, 2025 and subject to change.
Education & Resources
Wings offers helpful resources for first-time homebuyers, as well as experienced buyers.
First-Time Homebuyers
If you are a first-time homebuyer, Wings has affordable loan options and free resources to guide your homebuying journey. Our knowledgeable, helpful Loan Officers will be by your side every step of the way to answer your questions.
Home Insurance
Homeowners Insurance, Renters Insurance, and Condo Insurance provide financial protection against damage and disasters inside and outside your residence. It helps keep your home in tip-top shape while keeping your pocketbook safe.
What our members love.
We love helping members like Adam and Rachel buy the home that’s right for them. We’ll support you with expert guidance, resources and advice from pre-qualification to close.
Let us help you get the financing you need.
We make it easy to apply for a mortgage. Apply today using our simple, online application and a Loan Officer will work with you to finalize your loan.
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