If you are interested in buying a rental property or looking to tap into the equity in your current rental property, our 1-4 Family Non-Owner Occupied Mortgage is the lending solution you need!
Choose a fixed rate or an adjustable rate
Maximum term of 15 years. 2 payment options:1) Payment amount calculated over 30 years with a balloon payment at the end of year 15 or 2) Payment amount calculated over 15 years with no balloon payment
Upon approval you will need to open an account with the Credit Union and maintain a $5 minimum balance in the account for the life of the loan
30% down payment required for purchases or finance up to 70% of appraised value
Upon approval you will need to open an account with the Credit Union and maintain a $5 minimum balance in the account for the life of the loan.
Rates/Terms are subject to change without notice.
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