Purchase Rehab

*Rate: 6.625%             *APR: 6.668%          **Payment per $1,000 Borrowed:  $5.52

Finance the purchase of a home and the cost of renovations in one loan—ideal for properties that need updates or improvements.   This program includes a one-year interest-only construction/rehab period, followed by a 30-year permanent loan.  This loan offers a single closing, with construction funds disbursed as the work progresses, based on periodic lender inspections and per our disbursement schedule.

 

*Interest rate and APR (annual percentage rate) are effective as of July 29, 2026, and are subject to change without notice.  Interest rate and APR shown above assume a $100,000 loan amount and a 20% down payment/equity position.  The maximum loan to value (LTV) is 80%.  Reserves are required. Homeowner's insurance and flood insurance (if applicable) are required.   Minimum loan amount: $50,000; maximum loan amount: $832,750.

**Payments do not include real estate taxes or insurance.  Your payment obligation may be greater.  This product is for the construction of a single-family, owner-occupied home.  A licensed general contractor is required.  All loan applications are subject to credit union underwriting guidelines, other restrictions or considerations may apply.  Please contact one of our Mortgage Loan Originators for additional information.

Refinance Renovations

*Rate: 6.625%             *APR: 6.668%          **Payment per $1,000 Borrowed:  $5.52

Refinance your current home and fund renovations with financing based on the future value of your property once improvements are complete.  This program includes a one-year interest-only renovation period, followed by a 30-year permanent loan.  This loan offers a single closing, with construction funds disbursed as the work progresses, based on periodic lender inspections and per our disbursement schedule.

 

*Interest rate and APR (annual percentage rate) are effective as of July 29, 2026, and are subject to change without notice.  Interest rate and APR shown above assume a $100,000 loan amount and a 20% down payment/equity position.  The maximum loan to value (LTV) is 80%.  Reserves are required. Homeowner's insurance and flood insurance (if applicable) are required.   Minimum loan amount: $50,000; maximum loan amount: $832,750.

**Payments do not include real estate taxes or insurance.  Your payment obligation may be greater.  This product is for the construction of a single-family, owner-occupied home.  A licensed general contractor is required.  All loan applications are subject to credit union underwriting guidelines, other restrictions or considerations may apply.  Please contact one of our Mortgage Loan Originators for additional information.

Land Loan

*Rate: 7.875%             *APR: 8.254%          **Payment per $1,000 Borrowed:  $9.48
 

Secure your land now and prepare for future construction.  This 15-year fixed loan allows you to purchase your lot today with the flexibility to pair with construction financing when you’re ready to build.

 

*Interest rate and APR (annual percentage rate) are effective as of July 29, 2026, and are subject to change without notice.  Interest rate and APR shown above assume a $100,000 loan amount and a 30% down payment/equity position.  The maximum loan to value (LTV) is 70%. 

**Monthly payments do not include real estate taxes.  Your payment obligation may be greater.  The minimum loan amount is $25,000 and the maximum loan amount is $500,000.  The subject property must be a legal building lot and meet all credit union policy guidelines.  All loan applications are subject to credit underwriting and property approval.  Other restrictions or considerations may apply.  Please contact one of our Mortgage Loan Originators for additional information.