Real estate loans
Everence Federal Credit Union has a variety of loan options available for the purchase of real estate. These include both first mortgages, home equity loans, home equity lines of credit, as well as construction and other types of property loans. Both fixed and variable rate options are available. We also offer construction loans, which can be converted to regular mortgage loans upon completion of your home.
For more information, or to apply for one of these specialty real estate loans, call (800) 451-5719, Monday-Friday from 9 a.m.-5 p.m., Eastern time, and ask to speak with a mortgage loan officer.
Fixed rated: We have a variety of fixed-rate products available through PHH Mortgage. Our staff administers the application process, handles the paperwork, and arranges settlement. These loans must meet secondary market requirements.
Adjustable rate mortgages (ARMs): We have a variety of adjustable rate mortgages available, including 3/3 and 5/5 ARMs. Interest rates are indexed to the U.S. Treasury bills and are based on credit worthiness.
Standard home equity: Everence Federal Credit Union offers a standard home equity loan at a fixed rate for five or ten years with rates based on credit worthiness.
Apply: You can apply for a mortgage loan by going to our secure online application. (To apply in Español, down this document and fax it to one of our offices).
Home equity lines of credit
Fixed rated: Up to 80 percent of the value of your property, depending on credit score and amount of the loan. (Available with a four-year draw period).
Adjustable rate: Up to 80 percent of the value of your property, depending on credit score and amount of the loan. (Available with a seven-year draw period).
Apply: To apply for a Everence Federal Credit Union home equity line of credit, go to our secure online application.