Covenant Health Federal Credit Union

Mortgage Loans

See Also: Mortgage Rates

If you are looking for a new mortage or to refinance your existing one,CHFCU offers a variety of options for mortgage loans.  CHFCU offers either secured or unsecured loans with exceptional rates.

Check out some of the types of loans that CHCI has available:

First Mortgage Loans

Up to 15 years, fixed rate. No points. Low closing costs. Payroll deduction available.

Second Mortgage and Home Improvement Loans

10 years, fixed rate. Payroll deduction.

Home Equity Line of Credit

Low rates, minimum closing costs. Five year draw, up to 15 years to repay.  For more information about Home Equity Line of Credit, CLICK HERE.

5 Year Balloon Note 1st Mortgage

Loans secured by a first mortgage on a one family dwelling. 20 year amortization term

5 year Balloon Note Second Mortgage

Loans secured by a 2nd mortgage on a single family dwelling. 20 Year amortization term