Conventional Mortgage Loan
A straightforward path to homeownership with consistent payments over time.
The one most people picture when they think of "home loan"
If you're looking for something steady and predictable, this is usually where people land. A conventional mortgage gives you a fixed rate and a clear timeline, no surprises built in.
For properties in AZ only.
Why people go this route
You're not trying to get fancy. You just want something you can plan around.
- Your rate stays the same
- Your monthly payment stays consistent
- You know when you'll be done
What to expect
- 15 or 30-year terms
- Fixed interest rates
- No application fee
- Freepre-approval and consultation
- Discounted closing costs and rate lock options
Where it fits
This tends to work best if you:
- Have solid credit and stable income
- Plan to stay in your home for a while
- Want predictable payments without guesswork
Get prequalified and see what's possible.
Rates
Features & Benefits
- 15 or 30-year terms*
- Competitive, fixed interest rates*
- No application fee
- Free pre-approval on your loan
- Free loan consultation
- Discounted closing costs
- Free rate locks
Competitive Rates
Keep more of your money with our great rates.
Easy Processing
Applying for a loan can be done in person or online.Disclosures
Effective Date: 05-13-2026
*Annual Percentage Rate (APR) and loan terms can affect your monthly payment. All Mortgage loans include a 1% origination fee and $350 processing fee and are based on 80% LTV of purchase price. Certain restrictions apply. Rates subject to change and are not guaranteed until locked. Ask to speak with a Mortgage Originator for details and/or current refinance rates. Use a Hughes Financial
Calculator to calculate payment amounts for fixed rate loans. All rate scenarios are based on the purchase of a single-family, primary residence, a credit score of 740 with escrow account for taxes and homeowner’s insurance:
A purchase price of $300,000 with 20% down payment, loan amount of $240,000, for a loan term of 30 years at 7.000% interest rate, APR of 7.344%, will have a payment of $1,596.73.** This scenario includes Discount Points of 1.379% for a Cost of $3,309.60.
A purchase price of $300,000.00 with 20% down payment, loan amount of $240,000, for a loan term of 15 years at 5.625% interest rate, APR of 6.262%, will have a monthly payment of $1,976.96.** This scenario includes Discount Points of 2.000% for a Cost
of $7,838.40.
**estimated payment does not include taxes, homeowner’s insurance and if applicable mortgage insurance which will result in a higher monthly payment.
All loans subject to approval. Certain restrictions may apply, rates are subject to change without notice. Property financed must be in Arizona. Rate based on creditworthiness and subject to change. The disclosed rates are based upon your credit score
and other loan qualifications. A down payment less than 20% will require mortgage insurance. Contact a Hughes Federal Credit Union mortgage loan originator for additional information.
Refinance Rates, please contact a Mortgage Loan Originator.