LOANS
SECTION 1 | SECTION 2 | SECTION 3
New and Used Autos, Trucks, Boats, RV's and Motorcycles | Purchase Loans | First Mortgage | Second Mortgage | Other Home Loans | Home Improvement | Home Owner Unsecured | Home Equity Simplified (No Loan to Value) | Home Equity (90%) | Home Equity Special (100%)
Home Improvement
This loan is for property improvements, however you may use up to 1/3 of the improvement amount for another purpose.
If you would need to consolidate a few bills you could borrow up to 1/3 of the improvement amount. The maximum amount
you can borrow is $100,000.00 for a term not to exceed 20 years. You must own the home, but you need not live in the
home. A mortgage may be filed on the property up to the loan amount and you will be required to name the credit union
as loss payee on your insurance policy. The minimum amount you can borrow is $2,500.00 and the maximum loan to value
ratio including the home improvement is 100%. A title search may be required.
(Click here for rates on home improvement loans.) |