First mortgage loans are now available to those members who own their own home and have at least 25% equity in their personal residence. This loan is specifically designed for the member who wants a low interest loan and no more than a 15year repayment. Repayment must be at least monthly, and can be set as payroll deduction or an authorized periodic payment.
The credit union has partnered with an outside agency to process loans for purchasing a new home, higher loan to value loans, and loans needing a longer maturity.
Please contact the credit union for details on rates and the process for submitting an application.
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