Personal Finance Manager

 

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Personal Finance Manager

 

Demo | More InformationRegister

Home Loans

For most of us, building or purchasing a new home is the single largest investment we’ll ever make. Whether the purchase is your first home or your retirement dream, you can trust UCU to help you with each step. Click here to learn about UCU's Real Estate Services. UCU's mortgage lending team will help you through every step of the process.

Limited Time Special: Home Equity Loans

It's a great time to use your home's equity with rates as low as 3.75% APR* on home equity loans! Not only does UCU offer great rates, but for a limited time, get your appraisal fee refunded at closing!* Fix, update, travel or pay off other debts with a home equity loan from University Credit Union!

*Limited time offer. Rates effective 3/23/2015 and subject to change without notice. Actual interest rates on mortgage products may vary from published indications based on property type, loan purpose, loan-to-value, credit score, property condition and overall credit risk. Appraisal fee will be refunded to buyer at closing up to $500. Other terms and conditions may apply.

Mortgages

We have lots of mortgage products, and what matters is which one is right for you: your budget, your savings, your current income and debts and your future plans. In addition to conventional, ARM and Jumbo mortgages, UCU also offers FHA, MSHA, VA, and RD mortgage options! Have a unique situation? Come talk to us about our portfolio mortgage program. Contact a UCU mortgage loan originator for information.

Refinancing

Refinancing your mortgage can be a smart way to reduce your monthly payments. We will help you determine if refinancing is right for you.

Home Construction Loans

Building a home can be daunting. We offer education and a wide variety of mortgage products to take you from purchasing a lot through to the final move in.

Home Equity Loans

Whether it’s for home improvements, your child’s wedding or a vacation, our home equity loans are an easy, low interest way to get the cash you need.

Land Purchase

Found your piece of land, but not ready to build? We can help.

Home Equity Loans (Last Modified: Mar 11, 2015)

Product Details80% CLTV*90% CLTV*
Term5,10,15 years5,10,15 years
Minimum Loan Amount$10,000$10,000
Maximum Loan Amount$350,000$250,000
Property TypePrimary ResidencePrimary Residence

NOTE: Rates change daily, please contact a UCU Loan Officer for current rates. *CLTV (Combined-Loan-to-Value) – The aggregate principal balance(s) of all mortgages/liens on a property divided by the value of the property. UCU will determine the method used to assess the property value.

Home Equity Lines of Credit - Interest Only (Last Modified: Mar 11, 2015)

Product Details80% CLTV*90% CLTV*
Current Rate3.25%4.75%
IndexPrime RatePrime Rate
Margin+0.00%+1.50%
RepaymentInterest OnlyInterest Only
Adjustment Cycle MonthlyMonthly
Draw PeriodFirst 5 YearsFirst 5 Years
Minimum Loan Amount$10,000$10,000
Maximum Loan Amount$350,000$250,000
Property TypePrimary ResidencePrimary Residence

NOTE: APR adjusts monthly based on Prime Rate effective on the 25th day of the previous month. Maximum Annual Percentage Rate that can be applied is 18.0%. As of
08/01/2009 WSJ Prime Rate was 3.25% and is subject to change without notice.*CLTV (Combined-Loan-to-Value) – The aggregate principal balance(s) of all mortgages/liens on a property divided by the value of the property. UCU will determine the method used to assess the property value.

Home Equity Lines of Credit - 2% Payment (Last Modified: Mar 11, 2015)

Product Details80% CLTV*90% CLTV*
Current Rate3.25%4.75%
IndexPrime RatePrime Rate
Margin+0.00%+1.50%
Repayment2% of the UPB**2% of the UPB**
Adjustment Cycle MonthlyMonthly
Draw PeriodLife of LoanLife of Loan
Minimum Loan Amount$10,000$10,000
Maximum Loan Amount$350,000$250,000
Property TypePrimary ResidencePrimary Residence

NOTE: APR adjusts monthly based on Prime Rate effective on the 25th day of the previous month. Maximum Annual Percentage Rate that can be applied is 18.0%. As of 08/01/2009 WSJ Prime Rate was 3.25% and is subject to change without notice. *CLTV (Combined-Loan-to-Value) – The aggregate principal balance(s) of all mortgages/liens on a property divided by the value of the property. UCU will determine the method used to assess the property value. **UPB – Unpaid Principal Balance as of the last advance.