Whether you are buying your first home, a vacation home, or considering a home refinance to lower your interest rate, University Federal Credit Union can assist you with your home loan needs. UFCU has partnered with First Class Mortgage so that we may offer you competitive rates and terms, and determine the right mortgage for you.
Let us help you build a better future with one of our low rate Home Equity loans. Use your Home Equity loan to:
Remodel your home or build an addition
Consolidate Debt
Take your dream vacation
Pay for Tuition or Wedding Expenses
Do anything you want
Home Equity Loan
- A closed end loan with a specific term and amount
- Fixed rate with a fixed payment amount.
- Terms available up to 15 years.
- No origination fees
- A good choice for one-time purchases or expenses, such as debt consolidation, home loan refinance and a vacation.
- You may be eligible to borrow up to 90% of the equity in your home.
- Interest may be tax deductible (consult your tax advisor).
Home Equity Line of Credit
- Variable interest rate loan. The interest rate may vary once annually. It may not change more than 2% per year
- Terms available up to 15 years.
- No origination fees
- Once approved you have access to use and reuse your pre-approved credit limit for up to 5 years.
- Useful for ongoing expenses such as a home improvement project, wedding or tuition expenses.
- Borrow what you need, when you need it.
- You may be able to borrow up to 90% of the equity in your home.
- Interest may be tax deductible (consult your tax advisor).
Contact a UFCU lender to discuss your options!
*Annual percentage rate is based upon applicant’s credit worthiness. All loans are subject to approval. Restrictions may apply.
NMLS#799731
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