Financing up to 95% of the value of the home, unless the first lien mortgage is available to qualified applicants*. Maximum loan amounts up to $100,000** and maximum term up to 15 years. Work must be done by a bonded contractor. Proceeds may only be used for home improvements. Rates determined by credit rating and term. Servicing through Mobiloil Federal Credit Union.
*Applicants are qualified in accordance with Federal, State and NCUA laws as well as the provisions of the Fair Credit Reporting Act.
**Loan Amount is equal to maximum amount allowed by Fannie Mae for secondary market financing of a single family dwelling.
Please contact a mortgage representative for an application.