Mortgage Home Equity
 

Mortgage Loans:
Your home is your single largest investment and means comfort and security for you and your family. Shouldn't your investment be the smartest one you make? RESOURCES FCU is pleased to make low-cost mortgage loans available to our members. Our Mortgage Lender Partners work hand in hand with RFCU to provide members with mortgage options that include: FHA; VA; Conventional; 1st or 2nd Mortgage; Investment Property Programs. RFCU takes applications for and processes Second Mortgage Loans directly through the credit union.Lender Partners work hand in hand with RFCU to provide members with  mortgage options.  Please contact the credit union for more information on first mortgages.

Resources FCU offers fixed second mortgage loans directly through the credit union.

Fixed Rate Second Mortgage Loans
Apply for a fixed-interest rate second mortgage loan through RFCU. Use the equity in your home for debt consolidation, home improvements, and investment purposes - or for any reason!

RFCU offers Second Mortgage Loans to qualified member-borrowers. Second mortgage loans are considered a closed-end loan product with a credit driven loan-to-value ratio of up to 90%. The minimum loan amount is $10,000 with terms of 5-12 years and rates starting at 6%.

A .25% rate discount will be afforded to members with an existing – or new – active* checking account and debit card. Applicable fees apply. For more information, contact the credit union.

Note: Interest paid on second mortgage loans may be tax-deductible. RFCU does not offer tax advice. To determine if the interest you pay will be tax deductible, consult your tax advisor.

*Active =  Check/Debit Transactions made within the last 90 days. Members who do not currently have a checking or debit card on their account mad add one prior to loan completion to receive the rate discount.

 

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Mortgage Loans
  Fixed Rate Second Mortgages
  Home Equity Loans
  Home Equity Line of Credit
  Reverse Mortgages

 
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