REAL ESTATE
First Mortgages
In order to offer the best financial services possible, we've partnered with Woodside Mortgage Services, a local company that offers mortgage services exclusively for credit union members.
Woodside Mortgage Services can offer pre-approvals in 30 minutes, applications taken at your convenience, competitive rates and low closing costs.
Woodside Mortgage Services also offers:
• No PMI with 5%, 10% or 15% down.
• Loans for members with little or no money down.
• Loans for members with past credit issues. |
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Click here for the Woodside Mortgage website or for more information, call Kevin McDonough at 440-617-9368 or 216-591-2202.
Firefighters Community Credit Union also offer Variable and Fixed Rate Equity Lines of Credit and Home Improvement Loans. Click here to see our rates.
People have different needs and purposes when making the decision to take a Home Equity Loan. Whether it's to finance a home-improvement project, pay for your child's education, buy a new car or consolidate your higher-interest-rate credit cards. At FFCCU we've simplified some of those decisions for you! We have two types of Home Equity Loans to choose from:
Variable Rate Home Equity Loans
Introducing our new Home Equity Variable Rate Line of Credit Loan. You can borrow up to 80% or 90% of your home’s equity or up to $250,000. Minimum payments are as low as $100 per month. Rate will be determined by the Prime Rate on the last day of each month plus/minus a margin and your credit score. After your initial advance of $10,000, subsequent advances can be as low as $500. See our current rates.
We know your schedules are hectic and busy and it's often difficult getting to the credit union. We’ve also simplified the process to take an advance. You’ll also receive a checkbook and you can pay for purchases on the spot when you need to take an advance on the loan!
We've also made it easier for you when repaying the loan. You’ll have a seven (7) year draw period and a fifteen (15) year repayment plan. We really think this will help keep your payments affordable. Click here for our current rates.
Fixed Rate Home Equity Loan
We also have a Fixed-Rate Home Equity Loan that is just as attractive. Borrow up to 80% or even 90% of your home’s equity, up to $250,000. You’ll have a choice of repayment terms up to 180 months. Rate will be determined by the Prime Rate on the last day of each month plus/minus a margin and your credit score.
With both programs, you can use the money for virtually any purpose and there are no pre-payment penalties, closing costs or maintenance/annual fees. In most cases, the interest is tax deductible. (Consult your tax advisor). See our current rates. Make your dreams a reality by utilizing the equity in your home.
Home Improvement Loans
You can also borrow up to 100% of the equity in your home with our Home Improvement Loan. Terms are available for four (4) to ten (10) years and up to $50,000 can be borrowed, of which one-third can be used for bill consolidation. All terms subject to change without prior notice. See our current rates.
