![]() Working with carefully selected insurance partners, the TruStage Home Insurance Program can provide discounted rates for credit union members. That's why we've joined with a dedicated team of insurance professionals to bring you the TruStage Home Insurance Program. You trust your credit union to offer products and services to help you do more with what you have. With terms of 60-120 months and low variable rates, this might be the solution for you. ![]() At Unity Catholic FCU, you’re given a special checkbook that is tied to your HELOC, so accessing your funds is as simple as writing a check. You may be approved for a certain amount, then use funds as needs arise or simply maintain your line of credit as a safety net. Many homeowners find the flexibility of a variable-rate, Home Equity Line of Credit (HELOC) most suited to their needs. HELOCs are often utilized for ongoing expenses, such as home improvements, education costs, or emergency funds. Borrowers have the flexibility to use the funds as necessary and only pay interest on the amount borrowed. The interest rates on HELOCs are typically variable, meaning they can fluctuate over time based on market conditions. HELOCs allow homeowners to access funds up to a predetermined credit limit, using their home equity as collateral. Variable-rate home equity lines of credit (HELOCs) differ from fixed-rate home equity loans in that they offer borrowers a line of credit that can be drawn upon as needed. Unity Catholic FCU also offers loans for both first-time and repeat homebuyers. With Unity Catholic FCU, you can purchase a new home with as little as 3% down! You can even use gift funds towards your down payment and close your home in as little as 30 days. We offer both fixed-rate and adjustable-rate mortgages with flexible terms. If you’re buying a new home or thinking about refinancing your existing mortgage, Unity Catholic FCU is here to help. This makes first mortgages an attractive choice for individuals entering the real estate market. They often offer favorable terms, such as fixed or adjustable interest rates, extended repayment periods, and competitive borrowing limits. This loan is secured by the property itself, serving as collateral for the lender.įirst mortgages provide borrowers with the opportunity to become homeowners without the need for an upfront payment of the full purchase price. A first mortgage, the most common type of real estate loan, is typically used to facilitate the initial purchase of a property.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |