Home Equity Loans/Fixed Rate

First Time Home Buyer Program                     

- $20,000 minimum loan
- $75,000 maximum loan
- 10 year maximum term
- 630 or above credit score required
- All closing costs paid by the Credit Union*

*Restrictions apply. Ask for details.

- No down payment or mortgage insurance required
- Must be the first home for one and/or both members
- Must be a member for at least 1 year
- Maximum amount $150,000
- Must have direct deposit and automatic payment

*Other restrictions apply.  Call for details.

Home Equity Loans/Variable Rate
Line of Credit 1.99%APR 1st 12MO

First Mortgages

- $150,000 maximum credit line
- $20,000 minimum credit line
- 10 year/120 months max. draw period
  with interest only payments
- 15 year pay back after the draw period expires
- Variable Rate indexed to Wall St. Journal
   Prime Rate
- First 12 months - rate will be 1.99%APR
- Thereafter - rate will be Prime Rate (PR)
- Prime rate floor; 10.00% ceiling
- Closing costs are the NYS Mortgage Tax

- Competitive rates, call our office at
- Closed end, fixed rate mortgages
- Purchase or refinance loans
- Minimum 10 year to maximum
  30 year mortgage
- Affordable closing costs
- Borrow from $20,000 to $300,000
- Loans for owner occupied primary and secondary residences

These loan rates are applicable to new money and are expressed as ANNUAL PERCENTAGE RATES (APR).

Call the credit union (315) 733-1596 for details