A secured loan to purchase a home.
How to Apply:
- Complete Loan Application
- Set up an appointment by calling us at 773-769-5800
- Bring Photo ID, Loan Application, and supporting documents to loan appointment
- Credit Union Member
- No Bankruptcy in last 3 years
- Loan to value: 80%
- Credit Score: 550 or above
- Maximum Loan amount: $250,000
- 5 year balloon/up to 4 unit owner occupied
- Interest Rate: 4.25-6.00% (depending on credit score and loan to value)
- Application Fee: $50
- Late Fee: $10
- Closing Costs: 2%
To Apply: Download and complete the loan application. Set up an appointment by calling (773) 769-5800.