Home Loans

Fixed Rate Home Loans

Our fixed rate mortgage program allows our members finance up to 95% of the purchase price.
This program offers up to a 30 year term and closing costs are comparably low. Call today for more information. Competitive rates are updated daily.

Variable Rate Home Loans

We offer an excellent variable rate home loan program which allows you to borrow 80% of the purchase price. The variable rate loan may be fixed for the first five or ten years of the loan and can be amortized at a term up to 30 years. Once the initial lock period expires, the interest rate may adjust on an annual basis. The rate may not change more than 1% in any one year and not more than 5% over the life of the loan. The loan rate is based off of the 26-week T-Bill.

Home Improvement Loans

We offer a home improvement loan for up to $10,000.00 for five years, with a low interest rate of 4.0%.  We will require a bid or estimate of the work to be completed on the home.

Construction Loans

Our construction lending program allows our members the opportunity to build the home of their dreams. We are able to lend up to 80% of the proposed home’s subject to completion appraised value, and offer competitive rates.

Home Equity Loans

A home equity loan allows you to borrow up to 90% of your home’s equity (minus your first mortgage balance).  Interest for this loan may be tax deductible.  If the initial advance is at least $10,001.00, the Credit Union will pay the customary closing costs.  To determine the value of the property, we may work off of an existing appraisal not to exceed two years old.  If a new appraisal or home valuation is needed, this would be an additional expense to the borrower regardless of the loan amount. Click to view our Home Equity Disclosures

Home Loan Application