Real Estate Loans
A home purchase is probably the most significant expenditure you’ll ever make. Your SONEPCO FCU understands the importance of making this purchase, refinance or equity loan as easy, cost-effective and hassle-free as possible for you. The Credit Union offers several types of mortgage loans, all of which have extremely competitive rates and terms. The interest on many real estate loans is tax deductible, depending upon your particular situation. This tax deduction can be a significant financial advantage to homeowners. For complete information on any of our real estate loans, please contact the SONEPCO FCU Loan Department at (702) 871-0977.
First Mortgage
Purchase or refinance with a low, fixed-rate, Credit Union first mortgage and save! You stand to save hundreds of dollars, perhaps much more, with a first trust deed loan through SONEPCO FCU. Why pay all the points and fees and high rates for a mortgage from another source? Let your Credit Union bring you home with a mortgage you can afford!
Second Mortgage
Use your Credit Union second TD funds to remodel or for other prudent purposes. Once again, you’ll save money with a low interest rate and low fees to pay on a fixed-rate second mortgage.
Home Equity Line of Credit
This versatile, variable-rate, line-of-credit loan lets you tap into the equity in your home for any prudent purpose. Once your loan is approved, you may draw upon it at any time. It replenishes as you pay it back. Use the funds to improve your home, send your child to college or for big-ticket purchases. Your interest will very likely be tax deductible.*
Looking for the perfect spot for your retirement? Tired of living in someone else’s dream home? The credit union will provide financing on property.
*The Credit Union does not offer tax advice. Please consult your tax professional for information on your own tax status.
