Mortgages are available to members for purchasing a new or existing home or refinancing a current home. Properties must be located in the states of Nebraska or Iowa, and within a 50-mile radius of a Centris location.
Loan amount: Up to 100% of the appraised value or purchase amount whichever is less, depending on the loan program. Please contact a Mortgage Service Representative for details.
Occupancy Type
- Owner occupied primary residence
- Owner occupied second home
- Non-owner occupied Investment Property (1-4 units)
Loan Type and Terms
- Conventional and Insured Conventional
- Fixed rate – 10, 15, 20 and 30 year
- Adjustable rates available
- FHA & VA
Down payment: As little as $500.00 down. Varies depending on loan type and borrower qualifications.
Prepayment penalties: None
Loan approval: Pre-qualifications and Pre-approvals are available. Final approval subject to underwriting review.
Rates: Fixed, Adjustable and Balloon. Contact the Mortgage Service Representative for current rates. Rates are subject to change. Rate locks are available.
Closing costs: Closing costs include (but are not limited to) appraisal, credit reports, escrows, county recording, title work, underwriting, flood certification, loan origination and others.
Application: Apply online, in person, or by phone.
Private Mortgage Insurance: Required on conventional loans with greater than 80% LTV; and required on all FHA loans, regardless of loan to value.
Benefits
- Saves you time with easy online or in-person loan application.
- Saves you time with pre-qualification.
- Offers you peace of mind knowing your credit union mortgage service representative will help you through the entire mortgage process.
Target
Members who are purchasing a new or existing home.
Members who recently moved to the area.
Members who want to take advantage of a lower rate and refinance an existing mortgage.