At CAMC FCU, we can help you get the home you have always dreamed of! From buying a home to helping you fund remodeling or repairs, we are here for you!

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Mortgages

Home Mortgage (fixed and variable rates available)

Owning a home doesn't have to be just a dream. With a Credit Union mortgage loan, owning your own home is the American dream and your Credit Union can help you purchase a home that is affordable. Even if you've had some problems obtaining credit in the past, we may be able to help you turn your dreams of home ownership into reality.

A home mortgage loan through your Credit Union offers these great benefits:

  • Current market rates with as little as three percent down payment to qualified applicants

  • Low closing costs

  • Fixed-rate or adjustable-rate (ARM) mortgages payable for up to 30 years

  • Quick closing dates with people you know and trust. Credit Union approval within two days and closing generally within 30 to 45 days, assuming there are no outside source delays

  • Rates can be set at the time of approval and locked in for up to 60 days, or you can choose to float with the market until five days prior to the closing date to ensure that you receive the most current rate

Apply for a Mortgage
Schedule a Mortgage Appointment

HELOC

Home Equity Line of Credit/Home Equity Loan

Money at your fingertips with a home equity loan. Planning to purchase a new car or boat? Want to make some home repairs or add a new room? Want to take a dream vacation or consolidate your debts? Our home equity line of credit offers these great benefits:

  • No annual fee

  • Lines of credit available from up to 85% of appraised value based on credit history

  • 24-hour access to your line of credit is available through our automated telephone service (Key-24). As well as via CU-Online, our internet banking service

  • 8-year draw period

  • Flexible payment options

  • Interest may be tax deductible (Consult your tax advisor)

  • Rates based on predetermined margins at, below or above the prime interest rate published in the Wall Street Journal depending on loan-to-value and credit history

Fixed-rate home equity loans are also available with 5 and 10-year repayment periods for qualified applicants. Property insurance and other restrictions may apply.

Apply for a HELOC
Schedule a HELOC Appointment

Scams/Fraud

If you recently received a mailer from The Mortgage Service Center stating that we have been trying to reach you regarding a matter of importance as it relates to your mortgage, please know that it didn’t come from the Credit Union. These misleading mailers try to create false urgency about your mortgage or property, and offer services to save your home, lower your mortgage, or modify your loan for a fee.  A key sign of this scam is a request for money before any services or results are provided.  To avoid these scams, verify all communications by contacting us directly using a known, legitimate number, and never sign documents you don't understand. We have provided examples of these mailers below. If you receive one or more of these documents, please discard them.

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