Real Estate Loans
When you are ready to buy your dream home, refinance your existing mortgage, or secure a home equity loan, make the Town of Hempstead Employees Federal Credit Union your first stop. We offer a variety of products to fit your financial needs. To discuss your options contact our Real Estate Specialist at 516-867-2828.
First Mortgage*
Features:
- Mortgages up to 80% of the appraised value
- 15, 20 or 30 year terms
- Low, competitive, fixed rates
- Low start-up fees
- Fast and easy processing
*Property must be your primary residence.
Home Equity Loan
The Home Equity Loan is designed to get you an infusion of cash for special events, home repairs or debt consolidation by securing it against your home.
Features:
- Loans up to 80% of the equity in your home
- 5, 10, 15 or 20 year terms
- Loan amounts up to $250,000
- No closing costs*
- Low, competitive, fixed rates
- Fast and easy processing
Home Equity Line of Credit Loan (HELOC)
Features:
- Loans up to 80% of the equity in your home
- 5 year draw period/15 year repayment period
- Draw period extensions available upon approval
- Loan amounts from $10,000 - $250,000
- No closing costs*
- Low, competitive, variable rates
- Check writing access/convenience
- Fast and easy processing
* Loans must remain open for a minimum of 36 months
CUC Mortgage
For members who do not meet our mortgage qualifications we will refer you to our Credit Union partner, CUC Mortgage.
