Mortgages
and Deeds of Trust on the Secondary Market |
Looking for
longer financing for your new home? With down Payments as
low as 3%, we have an extensive array of Secondary Market
Loan Products. Here are some features:
• 15 year, 20 year, and
30 year fixed rate conventional loans available.
• 30-year amortization
fixed rate balloon payment loan-balloon due in 5 years
or 7 years.
• 1 year and 3 year adjustable
rate loans available with 30-year amortization.
• Doublewide mobile homes
on permanent foundations may receive 30 year fixed rate
conventional financing.
• One to four family properties,
condominiums, planned unit developments; single unit
2nd /vacation or eventual retirement homes and doublewide
mobile homes on permanent foundations are all acceptable
subject to secondary market approval.
Please call or stop by our Moscow branch for details.
Please call for rates, since they are subject to change |
| For
rates, details or an application package, please contact
the credit union or apply
now with our mortgage partner, One Washington Financial. |
First Mortgages-Deeds
of Trust |
Our First
Mortgages have a maximum term of 15 years, which helps you
have your home paid in full more quickly! All properties
must be owner occupied to qualify. Convenient automatic payments
are available from your account here with the Credit Union.
Borrower is responsible for all direct costs. $200.00 application
fee. Purchase money and refinance loans must have 80% loan
to value. Please call our loan department today for further
details!
Please call for rates, since they are subject to change. |
Second Mortgages-Deeds
of Trust |
Do you have
equity in your home that you would like to use for home updates,
repairs or improvements? What about high interest bills that
you need to consolidate? If so, our Second mortgage for up
to 15 years, may be just what you are looking for! The minimum
loan amount is $10,000.00, and the loan to value may not
exceed 80% of the documented market value of the home. There
is a $200.00 application fee, and borrower is responsible
for all direct costs. The home must be owner occupied. Please
call our loan department today for further details!
Please call for rates, since they are subject to change. |
For
rates, details or an application package, please contact
the credit union. |
Home Equity
Lines of Credit |
Our newest
and most exciting lending program can help you to use the
equity in your home to accomplish the things you have always
dreamed about! With a loan to value maximum of 90% and a
five-year draw period, our home Equity Program is tailored
to fit your needs. The minimum loan is $10,000.00 and maximum
is $100,000.00. Call our loan department now for information
on this exciting program!
Please call for rates, since they are subject to change. |
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Mobile Homes |
Latah Federal
Credit Union gladly offers financing on both Single and Doublewide
mobile homes. Mobile homes must be manufactured after 1976
and owner occupied to qualify. Maximum term (15 years or
less) depends on the age of the home and whether it is a
Double or Single wide mobile home. Mobile homes must also
be located in Latah or adjacent counties. $100.00 application
fee. Purchase money loans are 85% loan to value. The borrower
is responsible for all direct costs. Please contact the
credit union's loan department for further details.
Please call for rates, since they are subject to change. |
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Please call 208-882-0232 for information on our mortgage services.
We do business in accordance with the Federal Fair Housing Law
and the Equal Credit Opportunity Act. |
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