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First Mortgage, Purchase:Affiliate processor, CU Members Mortgage - Up to 30 years financing. Optional interest rates, fixed or variable. 1-800-607-3474. Get More Information Apply Now Loans booked on Credit Union - Up to 15 years financing, rate: Prime Rate with a floor of 5.00%, finance amount: 80% of appraised value, fixed rate, payroll deduction. Home Equity:Loans booked on Credit Union - Up to 15 year financing; trate 1% above First Mortgage Rate, with a floor of 6%. Finance 80% of ‘sellable equity’, fixed rate, 5 year draw period. HELOC Disclosure. Land:(Purchase) Loans booked on Credit Union - Up to 10 years financing, 80% appraised value, rate 1% above First Mortgage Rate, with a floor of 6%. (Non-Purchase) Loans booked on Credit Union - up to 5 years financing, 80% appraised value, rate 3% above Prime Rate. For complete information and closing costs for Real estate loans, contact the Credit Union. |