Mortgages
With all of the different mortgage lenders available, how do you know who you can trust? The mortgage specialists at Firelands Federal Credit Union have your best interest at heart. We will take the time to meet with you, review your individual financial picture, and help you choose the mortgage program that's right for you. Firelands Federal Credit Union has the knowledge and experience to find a mortgage loan that meets your needs and your budget. Give us a call today!
Firelands Federal Credit Union offers:
- Low fixed and variable rates
- FHA & VA loans
- OFHA grants (down payment assistance)
- First mortgages up to 40 years
- Vacant Land Loans
- Home Improvement Loans
- Low closing costs
- No pre-payment penalty
- Loans serviced locally
- Free Pre-approvals available
- Friendly, experienced staff
- Home Equity Loans
- Vacant Land Loans
- Down Payment Assistance Programs
- First Time Homebuyers Program
- Ohio Hereos Program
- Refinance
- Pre-Approval
Application Process:
The following is a list of documents needed to process your mortgage loan application.
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The last two (2) current pay stubs with year-to-date earnings for each borrower
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The last two (2) years of W-2’s for each borrower
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Signed personal tax returns with all applicable schedules for the last three (3) years ended prior to Mortgage application.
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Most current investment statements
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Additional information may be required
For added convenience, you can apply online. One of our Mortgage Officers will get back with you to set up an interview. You can also stop by any of our branches or call us at 1-800-276-5775.
Check out our useful mortgage calculators!
For additional program or rate details, please contact us.
Check out our useful mortgage calculators!
For additional program or rate details, please contact us.
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Home Equity Loans
Whether you're doing home improvements, planning a vacation, buying a car, preparing for college tuition or a wedding, Firelands Federal Credit Union can help you by approving you for a low rate Home Equity Loan.
We will help you determine the current market value of your home and then compare it to the outstanding principal on your loan. This will determine what amount you can borrow against your home. Your funds are easy to access by visiting one of our convenient locations, writing a check or thru Fireline (online banking).
We offer home equity loans with low fixed rates, or take advantage of our line of credit that can be used for future advances. On primary residences the credit union will pay all of your closing fees. You should consult a tax advisor regarding the deductibility of interest.
Vacant Land Loans
Our land loans are fast and easy with estimated closing costs of $1,000.00 with a 12-year term. We can lend up to 80% LTV of your appraised value or purchase price, the lower of the two.
Please call for current rates.
Please call for current rates.
Down Payment Assistance Programs
We offer a down payment assistance grant for first time homebuyers or those who have not owned a home in the last three years. However, an interest rate without down payment assistance is still being offered. Check out the OHFA website at www.ohiohome.org for more information.
First Time Homebuyers Program
Interested in owning a home, but need some guidance or financial assistance?
We have a variety of programs designed to fit your needs! The first step to home ownership is exploring your options. Call to schedule an appointment with our Mortgage Specialists.
We have a variety of programs designed to fit your needs! The first step to home ownership is exploring your options. Call to schedule an appointment with our Mortgage Specialists.
Ohio Heroes Program
Ohio heroes work hard every day in critical jobs to make a difference in our lives.
The Ohio Housing Finance Agency (OHFA) is proud to offer a special 30-year fixed rate mortgage to full-time employees in the following professions: Active Military, Military Veterans, Paramedics, Emergency Medical Technicians, Firefighters, Police Officers, Healthcare Workers and Teachers. If you qualify, you can receive 0.25% off your interest rate. Speak with our Mortgage Specialists today for more information!
The Ohio Housing Finance Agency (OHFA) is proud to offer a special 30-year fixed rate mortgage to full-time employees in the following professions: Active Military, Military Veterans, Paramedics, Emergency Medical Technicians, Firefighters, Police Officers, Healthcare Workers and Teachers. If you qualify, you can receive 0.25% off your interest rate. Speak with our Mortgage Specialists today for more information!
Refinance
Whether you want to pay off your mortgage sooner, consolidate debt or lower your interest rate, refinancing may be the right choice for you. Call today to discuss your options.
Pre-Approval
We can approve a mortgage amount even before you decide on the home you want to purchase. Give us a call today to set up an appointment with an experienced Mortgage Specialist.
