Home Equity Loans
You've put a lot into your home…now get even more out of it! If you've been putting off buying a new car, making a purchase or consolidating your debt, a home equity loan is perfect for one lump sum of funds.
- Borrow up to 80%, 90%, or 100% of your home's loan to value
- Low fixed rates - rates won't change over the term of the loan
- Repayment terms up to 10 years max $100,000
- No closing costs on home equity loans of $5,000 or more
- Interest may be tax-deductible Consult your tax advisor for potential tax benefits.
- No prepayment penalties
- Easy payments through payroll deduction or direct deposit
Apply Online or contact a credit union loan officer for further assistance.
- Borrow up to 80% of your home's loan to value
- Low variable rate adjusts quarterly, based on Prime Rate + Margin
- A paper = Prime + ¼%
- B paper = Prime + 1½%
- Line of credit advances for up to 5 years
- Credit line allows access as needed
- Repayment terms up to 15 years
- No closing costs on HELOCs of $5,000 or more
- Interest may be tax-deductible Consult your tax advisor for potential tax benefits.
- Easy payments through payroll deduction or direct deposit
Apply Online or contact a credit union loan officer for further assistance.
First Mortgages
Time for a change? How about a change of address? Whether you want to buy a home or refinance your mortgage, NMFCU has first mortgage home loans available through our partner ,
C.U. Companies to help you secure financing - fast, easy and dependable. Plus, you can have a repayment schedule that could save you thousands of dollars over the life of the loan.
- Access to a variety of loan options
- Fixed or adjustable rates
- Terms up to 30 years
- FHA loans available and more!
For an easy-to-use mortgage calculator,
click here.
Apply online or contact a credit union loan officer for a variety of loan options, terms and rates.
Home Improvement Loans
Use a NMFCU home improvement loan as an easy and convenient option to build a home addition, remodel an outdated kitchen, add a sun deck, or finish those projects that you have been meaning to fix for years.
- Borrow up to $20,000 for home improvements
- Low monthly payments and terms up to 10 years
- No closing costs on a home improvement loan of $5,000 or more
- Interest may be tax-deductible Consult your tax advisor for potential tax benefits.
- Easy payments through payroll deduction or direct deposit
Apply Online or contact a credit union loan officer for further assistance.
Real Estate Loans
