What You’ll Need…
- A completed residential loan application
- Verification of your income (simply get us a current check stub)
- A copy of your warranty deed
- Any lien information currently against your property (if you currently owe anyone for your home)
- Proof of homeowner’s insurance
First Time Home Buyers
We realize you are just getting started and it may be difficult to come up with a large down payment unless you’ve been planning for awhile. We occasionally finance more than 85% of the appraised value of your first home, up to $150,000.
You choose when you want your loan payment due and the frequency: monthly, semi-monthly, biweekly, or weekly. Direct deposit or automatic draft from a checking account is available, too.
Once you have your home loan at Northeast Community Credit Union, you have a very special feature that can be used throughout the term of your loan. At any time in the future, if you want to add money to your mortgage and bring the balance back up to your original deed of trust, you can do this without paying the high cost of refinancing. Most other financial institutions require you to refinance your loan and go through the expensive closing process again, but not at Northeast Community Credit Union. Simply pay a small modification fee and get more money from your home’s equity in no time at all. This is just one more way we’re always here when you need us.