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WHAT OUR MEMBERS SAY
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“The Credit Union has something for everyone, from someone who is financially savvy to a person who just needs basic services.”


– Amy C.
Member Since 2010

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Second-Home Properties
Second-Home Properties

 

If you’re in the market for a second home, whether you're looking ahead to retirement or just want a permanent place to vacation, start your search here. In addition to the competitive rates we offer, our Home Advantage program provides expert guidance throughout the buying process as well as an agent commission rebate and discounts at the close of sale.

Learn more about Home Advantage

Second Home Loan Benefits and Requirements

  • Minimum down payment of 10% with a maximum loan amount of $453,100
  • Private mortgage insurance (PMI) required for down payments less than 20%
  • Available for the purpose of purchase or refinance
  • Eligible properties include single-family homes and condominiums

Keep in mind, if your vacation home will be rented out for any portion of the year, it would be considered an investment property.

Get Started:

Call

Call

800.462.8328, ext. 8288

Monday through Friday, 8 a.m. - 7 p.m.
Saturday, 9 a.m. - 3 p.m.

 

 

30-Due-in-151

Interest Rate Annual Percentage Rate (APR) Points Estimated Payment Per $1,000 Borrowed
3.625% 3.77% 1.000 $4.56
3.875% 3.94% 0.000 $4.70
4.125% 4.11% -1.000 $4.85

 

15-Year Fixed

Interest Rate Annual Percentage Rate (APR) Points Estimated Payment Per $1,000 Borrowed
3.000% 3.24% 1.000 $6.91
3.250% 3.35% 0.000 $7.03
3.500% 3.46% -1.000 $7.15

 

 

Disclosures

All loans subject to approval.

The loan rates, APR, points, and terms you may qualify for are based on your credit history, loan-to-value (LTV), occupancy, property type, loan amount, loan purpose, and income/financial obligations (see "Mortgage Loan Pricing Information" for details). A minimum credit qualifying score is required. Payment examples do not include the cost of property taxes or insurance, so the actual payment obligation will be greater. The APR shown includes an estimate of 30 days of prepaid interest. All programs, loan rates, APR, points, and terms listed are subject to change without notice.

 

The APRs and estimated payments are based on a loan amount of $350,000. Not applicable to loan pre-approvals without property selected.

1
Based on a loan size of $1,000, with an interest rate of 4.500%, the estimated payoff after 15 years is $667.41

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