Home Loans – 1st and 2nd Mortgages – Home Equity Line of Credit
You paid for your house. Don’t pay to get your loan too!
Interest Rates Likely to Go Up
Inflation has already become an issue and we’ll likely see interest rates going up in 2022. Most of us have refinanced our home loans at record lows over the past few years.(If you haven’t already refinanced yours, time is running out).
2022 may require the new strategy of keeping your 1st mortgage in place and using Home Equity loans when you need repairs or improvements. The rise in home prices in 2021 has been unprecedented and your home is more valuable than ever. You must treat your home as though it’s your most valuable asset because it likely is. Don’t put off necessary repairs and upgrades. Too many people wait until it’s time to sell their home to make necessary improvements. Enjoy your home now!
Your credit union can help with any necessary improvements or repairs with a Home Equity Loan or Second Mortgage. There are many options including line of credit, fixed amount, variable or fixed rate. Call a loan officer to discuss your options.
Smart Alternatives – No Origination Fees
National JACL Credit Union may be a smart alternative to a traditional mortgage lender. National JACL Credit Union has a number of traditional, as well as alternative lending options. The credit union has the option of financing your home “in-house,” which could save you closing costs, as well as give you a competitive interest rate.
In addition, let our loan officers review your mortgage company’s “good faith” estimate. It’s always good to have a trusted partner that you can rely on to give you sound “home loan” advice. If we can’t beat the deal, at least you’ve done your “due diligence” by getting a 2nd bid allowing you the “peace of mind” of getting a fair price.
Call a loan officer today.
Get Rates, More Info and Apply for a Traditional Mortgage Loan at our Mortgage Center.
Click the “Mortgage Center” button.