Mid Cities Credit Union offers competitive rate real estate loans with no application or origination fees to fit your home loan needs:
- 10 Year, 15 Year, and 30 Year Fixed Rate Mortgages
- 3/1 and 5/1 Adjustable Rate Mortgages
- Second Mortgages
- Home Equity Lines of Credit with 3.99% APR* Introduction rate for 6 months
Real Estate Program General Overview
- Loan amounts from $10,000 to $417,000
- No origination fee
- .50 to 1.00 Points
- California property only
- 80% Loan-to value for owner occupied 70% for Non-owner occupied property
- Members approved for a Real Estate will be required to repay all past due or charged off debtors.
- Full appraisal required
- 2 Years completed tax returns and current pay stubs required
- Match rates available with proof of rate and management approval
For more information, click here to download our Home Loan spec sheet.
*APR=Annual Percentage Rate. Loans subject to credit approval. Terms subject to change at any time.