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©2004 - 2024 Liberty Federal Credit Union. All rights reserved. Liberty FCU mortgage lending product availability may vary based on property location. Loans are subject to credit review and approval. We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act.

Loans are subject to credit review and approval. Loan amounts of $726,200 – $2,500,000.

Subject to credit approval. Collateral restrictions may apply. Adequate property insurance is required for all home equity lines of credit. The rate on 80% home equity loans is the prime rate as published on the first business day of each month in the Wall Street Journal. Our 90% home equity loan has the same benefits and uses the same index as our traditional home equity loan and offers a low rate of just 1.5% above the prime rate. There is a maximum cap of 18% APR. Minimum payment required on Home Equity Line of Credit is accrued interest for the previous month. Other fixed rate second mortgages are offered with terms up to 15 years. Home equity lines of credit require a minimum credit line of $15,000 with an initial advance of $10,000 to qualify for no closing costs. Consult your tax advisor regarding interest deductibility. Liberty FCU mortgage lending product availability may vary based on property location.

An ARM is an adjustable-rate mortgage that has an initial interest rate for the first three, five, seven or ten years and an adjustment interval of 6 months thereafter. The 7/6 ARM product listed above is a 30-year loan where the initial interest rate is fixed for the first seven years (84 payments). After the initial seven year period, your interest rate can increase or decrease semiannually based on the Secured Overnight Financing Rate (SOFR) index as published on the New York Federal Reserve website, plus our margin, which varies among Liberty FCU adjustable-rate mortgage products. Any change may significantly impact your monthly payment. The rate on 80% adjustable-rate home equity line of credit is the prime rate as published on the first business day of each month in the Wall Street Journal. Our 90% adjustable-rate home equity line of credit has the same benefits and uses the same index with a rate of 1.5% above the prime rate. There is a maximum cap of 18% APR. Offer available for new primary mortgage loans and mortgage loans already established at Liberty FCU when refinanced with at least $10,000 new money. This offer is available on conventional conforming financing of purchases for primary residences only. Contact a Liberty FCU mortgage loan officer for details.

Federally Insured by NCUA, Equal Housing Lender NMLS #518136

Loans are subject to credit review and approval. Loan amounts of $726,200 – $2,500,000.

Federally Insured by NCUA, Equal Housing Lender NMLS #518136