.png)
Equity in your home? You have options
Using the equity in your home is a great way to finance what you need at a competitive interest rate. Funds can be used for everything; from a vacation, unexpected expenses, student loans, or home improvements
Home Equity
Loan
-
Borrow up to 90% of the value of home
(80% DISCLOSURE)
-
Fixed rate
-
5, 7, or 10 year terms
-
$750 closing costs
-
Possible tax advantages
Home Equity
Line of Credit
-
Borrow up to 90% of the value of home
-
20 year term
-
No annual fee
-
$750 closing costs
-
Flexible and convenient - ability to reborrow
-
Low minimum monthly payment at 1% of the balance owed
-
Possible tax advantages
-
For rural areas
-
Finance up to 100% of the purchase price
-
3.5% down payment
-
More Information: Single Family Housing Programs Rural Development (usda.gov)
USDA Loan
US Department of
Agriculture
VA Loan
US Department of
Veterans Affairs
-
For eligible veterans of the US Armed Forces
-
No down payment required
-
More Information: VA Home Loans Home
FHA Loan
Federal Housing Administration
-
First time home buyers government program
-
Lower down payment requirement
-
More Information: Loans | HUD.gov / U.S. Department of Housing and Urban Development (HUD)
Construction
-
Finance the construction of your home
-
20% down payment required
Conventional
& Refinance
-
Flexible repayment terms (10, 15, 30 year)
-
Competitive Interest Rates
-
Closing costs can be gifted
-
5% down payment (may not be required for refinance)
Your home. Your loan. Your way.
Take a look at our options to help make a house your home.
"Abbey made it easy to get a loan and was very helpful with the whole process. Always the best service"
- Tracey
Your Mortgage expert, Beth!
Beth Becker - VP of Home Lending
Assisting members achieve their homeownership dreams in an easy and convenient way is Beth's specialty! With over 30 years of experience in the financial services industry, Beth will help you navigate the process to give you a great experience.
