Home Purchase & Construction Loan

Home Purchase & Construction Loan

Loans granted for purchase of land, buildings and construction of houses, or down payments required in respect to mortgages offered by recognized financial institutions

Features

  • Loans available from $5,000 to $200,000
  • Repayment term choice from one to 25 years
  • A Competitive fixed interest rate that is granted after application
  • Easy application processes and speedy decision
  • Maximum loan grants of three times the member’s deposits.
  • Security options: Member and guarantors’ deposits, financed asset
  • Full Credit Union membership of at least six months and evidence of ability to pay