If you've been dreaming about home ownership. . .ask about our Ownership Advantage Mortgage to finance up to 95% of the purchase price or make your dreams come true with a First Mortgage from Financial Plus Credit Union.
We have several different Mortgage Programs available. Borrow for single family (owner occupied) homes, two and four unit dwellings, or townhouses.
FPCU's First Mortgage allows you to borrow up to 80% of the appraised valuation or sales price, whichever is less. The maximum amount of money you can borrow is $1,000,000. Choose from an adjustable rate mortgage loan for a term of up to 30 years, or a fixed rate mortgage loan with a repayment schedule of up to 30 years.
With an FPCU Ownership Advantage Mortgage or First Mortgage loan, you'll SAVE MONEY, because we offer:
- NO Point charges
- Low application fee
- No prepayment penalties should you pay off your mortgage early
- Simple interest
- You'll be saving money by taking advantage of weekly or bi-weekly payments with convenient payroll deduction/net pay
- Reduced closing costs for Ultimate Plus Club members
It's CONVENIENT - we have our own in-house program. . .so it's handled by friendly and professional employees you know. Payments can be made by mail, over-the-counter, with our Online Banking, automatic transfer or by convenient payroll deduction/net pay.