Real Estate Loans
Buy a House, Create a Home
At Connections Credit Union we make purchasing a home smooth and easy by connecting you with one of our Mortgage Specialists. Whether you’re purchasing your first home or refinancing an existing mortgage, we tailor our loans to your specific wants and needs. Our goal is to make your buying experience enjoyable and easy so that you can get into your new home and start creating memories.
We also offer balloon loans. A balloon loan is a short term mortgage loan offered at a 5 year term. These loans are meant to either be paid off or refinanced at the end of this conveniently short term. Balloon loans are useful to people who may only plan on staying in a home for a short period of time or who simply prefer their loan to stay local.
In house loans are not sold to an outside investor- Connections will handle every aspect of the loan
Amortized terms up to 30 years
Connections does not offer escrow services on Balloon Loans (members responsible for paying insurance and property tax)
Contact us to learn more about our rates and how we can help you into your dream home.
Home Equity Lines of Credit (HELOC)
Your Home Working for You
If you have equity in your home, make it work for you. Use it for a variety of reasons including home renovations, debt consolidation, student loans, vehicle purchases, medical expenses, and more. Borrow, repay and borrow again without reapplying, all at an interest rate lower than most credit cards. Interest paid may also be tax deductible!*
*Consult your tax advisor regarding potential tax benefits
Contact us to learn more about our rates and how we can help you into a HELOC.