What types of loans are there for home ownership?

There are a multitude of different mortgage types that are available to our members. We do this not to confuse, but instead, to provide the best choices for our members needs.

First time buying a home?

We help facilitate first-purchase mortgages, but we do not house these loans personally. We leave that to the experts. We partner with a world-class organization, Owners Choice Funding (link), in order to provide the best levels of service and affordability to our members.

Please follow this link and call one of their knowledgeable representatives to find the best type of mortgage for you.

Find equity in your home

If you already own your home and are looking to use the equity in your home to make larger purchases or complete a renovation, we do offer Home Equity Loans. This type of loan allows a homeowner to borrow against the value of their home; their home is collateral for the loan. The equity is the value of your home, minus any debts against the home like a mortgage.

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