One Step Closer to Owning Your Own Home

Whether you are purchasing, renovating, building, or refinancing, a mortgage with SAFE will put you one step closer to making your dreams come true.

FEATURES & BENEFITS

Residential First Mortgage

Features:

Fixed Rate Loans for 10 to 30 years for up to 100% loan to value (LTV) for purchases and 97% for refinances. Up to FNMA limits, currently $484,350 and Jumbo loans up to $750,000

Benefits:

  • Fixed rates provide peace of mind that your rate will never increase

Home Equity Loan

Features:

Fixed rate loans for up to 15 years in amounts from $5,000 to $200,000. With a minimum loan of $15,000 and closing with a SAFE approved attorney, SAFE will pay a portion of your closing costs.

Benefits:

  • Fixed rates provide peace of mind that your rate will never increase

  • Can be used for home repairs, debt consolidation, home additions, and so much more!

Freedom Loans

Features:

Loans available for 7, 10, 15, & 25 years; must pay off existing first mortgage. Loan to value 75% or less. Limited closing costs on loans $50,000 or greater; maximum loan amount $484,350.

Benefits:

  • Peace of mind with fixed rate and flexible choice of loan amounts and terms

  • Allows choice of using maximum equity amount

  • A great way to reduce the term and possible interest rate on existing first mortgage

  • Excellent for members who want to be mortgage free by retirement age

*Members can enjoy one Freedom program every 5 years for SAFE to pay towards closing costs

Residential Second Home

Features:

Fixed rate loans for 15 years for up to 80% financing in amounts from $25,000 to $484,350 limit. Must be located at least 50 miles from primary residence.

Benefits:

  • Several convenient options for financing that mountain cabin or beach home

Investment Property

Features:

Fixed rate loans up to 15 years for 80% maximum LTV. Limited to two properties per member.

Benefits:

  • Peace of mind with fixed rate and flexible choice of loan amounts and terms

*APR= Annual Percentage Rate. Loans are subject to credit union membership, eligibility and verification of information provided on the application. Some restrictions apply. All loans subject to credit approval. For fixed-rate mortgages, Annual Percentage Rates (APRs) are not subject to increase after consummation. An example of a typical 30-year fixed rate mortgage with a down payment of 20% is as follows: a loan amount of $250,000 with a note rate of 3.500% with an APR of 3.531% would result in a monthly principal and interest payment of $1,122.61. The stated monthly payment amount does not include taxes or insurance costs and, therefore, the payment obligation will be greater. Terms and conditions are subject to change at any time without prior notice.