Picking the right mortgage type for your home loan is a big decision - and we’re here to help. Apply Online or give us a call at 906.632.5370 to speak with a Mortgage Specialist who can answer your questions and guide you towards the perfect loan to fit your needs.
First-time home buyer program helps you get the home of your dreams
Members who are first-time home buyers, and have a credit score of 680 or above, qualify for Credit Union paid closing fees up to $1,000.00.
We have options for you:
A 5/5 ARM can be amortized up to 30-years, Interest rate is fixed for 5 years and adjusts every 5 years, with a Cap of 2%. Maximum interest rate is 10% with a minimum rate of 4.5%. The mortgage adjustments are tied to the US 5 Year Treasury Bill. Speak to your Mortgage Loan Officer for more details.
Fixed Rate Mortgages offer the benefit of no surprises. For many borrowers, this provides peace of mind in an unpredictable economy. It is also a good strategy when rates are low but likely to rise.
Advantages:
Let Soo Co-op Credit Union help you build that home you have been dreaming about! A construction loan from SCCU is quick and convenient!
Contact a mortgage specialist for more information at 906.632.5370
When it comes to commercial mortgage financing, low rates are only the beginning. SCCU can meet the borrowing needs of both businesses looking to move and real estate investors.
We offer some of the lowest fixed rates in the market and make all our decisions locally, so when you’re ready to move on an opportunity you can be confident your lender is too.
Contact Krystal LaCrosse for more information at 906.632.5322
As a homeowner, you can use the value built up in your home to pay for one-time or ongoing expenses. Smart use of this asset starts with understanding how home equity works and with selecting the right home equity loan to fit your needs.
Purchase the land where you will someday build the house of your dreams or refinance the land that you have already purchased.