Home & Energy Loans
There's no place like home
Becoming a homeowner is a huge milestone. Home Loan products
are designed to help get you moving.
Home Equity Loans & Lines of Credit
There’s no place like home. We’re able to offer loans in California and Nevada.
Home Equity Loans - Comparison Table
| Interest-Only HELOC Apply now! | Traditional HELOC Apply now! | Home Equity Loan Apply now! | |
|---|---|---|---|
| Perfect for... | ...those who want more time to repay | ...those who want funds as needed | ...those who want funds up front |
| Rate type Loan Rates | Variable | Variable | Fixed |
| Limit amounts | $25k to $250k1 | $25k to $250k2 | $25k to $250k3 |
| Owner Occupied LTV4 Non-Owner Occupied LTV | Up to 80% NA | Up to 80% Up to 70% | Up to 80% Up to 70% |
| Draw period | 10 years | 10 years | NA |
| Repayment period | Up to 20 years | Up to 10 years | Up to 20 years |
| Prepayment penalty | None | None | None |
| Digital Banking Digital Banking & Security |
1Rates range from 8.75% to 11.00% APR based on Prime Rate and creditworthiness. Prime Rate as of 7.26.23 is 8.50% APR. APR = Annual Percentage Rate. No annual rate cap and lifetime rate cap of 18.00%. Processing fees can range from $487 to $1,337 for California and $312 to $1,192 for Nevada, paid by the borrower. Additional fees may apply subject to type and evaluation of property, ownership and lien status. Manufactured and mobile homes are not eligible.
2Rates range from 8.50% to 13.50% APR for owner occupied and 9.50% to 11.50% APR for non-owner occupied; based on Prime and creditworthiness. Prime Rate as of 7.26.23 is 8.50% APR. APR = Annual Percentage Rate. Annual rate cap is 2.00%; lifetime rate cap is 6.00% above the initial rate at the time of funding. Processing fees can rage from $487 to $1,337 for California and $312 to $1,192 for Nevada, paid by the borrower. Additional fees may apply subject to type and evaluation of property, ownership and lien status. Manufactured and mobile homes are not eligible.
3Estimated monthly payment based on a $25,000 loan for 10 years at 9.25% APR is $320.18 and subject to change. APR = Annual Percentage Rate. Processing fees can range from $487 to $1,337 for California and $312 to $1,192 for Nevada, paid by the borrower. Additional fees may apply subject to type and evaluation of property, ownership and lien status. Manufactured and mobile homes are not eligible.
4LTV = Loan to Value.
Home Mortgage Loans
There’s no place like home. That’s why we offer the services of our credit union owned mortgage company, Community Mortgage Funding (CMF).1 Buy or refi… either way, our Home Mortgage Loan products are designed to help get you moving – and we’re able to offer loans in AZ, CA, CO, IL, KS, MI, MN, NV, NJ, OH, OK, OR, PA, TX and WA. Let us help open the door to your new home.
- Conventional, Jumbo & High Balance Loans
- FHA, VA & USDA Loans
- Reverse Mortgages
- Adjustable Rate Mortgage (ARM) Loans
- Ask us about closing cost and down payment assistance programs for California and Nevada.
Do you need a real estate agent? Let our CMF Home Rewards Program pair you with a trusted, local real estate agent, while saving money on buying and/or selling your home!
Let’s get started!
Prefer to connect on the phone? Call an agent direct at 877.915.3030.
Visit our online mortgage center to learn more about your financing options. Members with current loans, click here to make a payment.
1Community Mortgage Funding (CMF) is our credit union owned mortgage company. CMF state licensing.
Energy Loans
Energy Loans - Comparison Table
| Energy Loans1 Call Us to Apply | |
|---|---|
| Perfect for... | ...those creating a sustainable home |
| Variety of loan options | |
| No down payment | |
| No prepayment penalty |
1Loan secured by a UCC filing.
