Yes! We do Home Mortgage Loans

Whether you're thinking about buying a home for the first time or refinancing your current mortgage, it's never been so easy to save.  Call one of our loan officers today to hear our current rates and see how much you could be saving.

In-House Mortgage Loans

For terms up to 10 years with a loan to value of 80% or less. We also offer a balloon mortgage to keep your payments lower.  With a 10/20 balloon mortgage, you have payments based on a 20-year amortization with a balloon payment due at the end of 10 years. This has a fixed rate of 5.49% APR*. Estimated closing costs are approximately $719. We'll even waive those closing costs on new money of $40,000 or more!

Call Ashley or Paula today at (641) 792-5660.

More First Mortgage Loan Options

Advantage Credit Union partners with Premier Lending Alliance for our members needing more than 80% financing or terms longer than 10 years.

• Fixed-Rate Loans up to 30 years

• Variable Rate Loans

• Balloon Programs

• VA Loans

• FHA

• USDA

• variety of down payment options, even 100% financing.

Call Ashley or Paula today at (641) 792-5660.

Home Equity Fixed Rates: Lower your payments or accelerate your payoff date on your 1st or 2nd mortgage loans with our Low Fixed Rates!

• No Closing Costs*

• No Monthly Fees

• Easy Automatic Payments (monthly, semi-monthly, bi weekly, or weekly)

Home Equity Line of Credit

You can establish a line of credit based on the equity in your home with a minimum initial advance of $5,000. After that you can get advances of $500 or more with just a phone call, home banking transaction, or a visit to the credit union. Average closing costs range from $281 to $681. The HELOC variable rate is based on the Prime Rate plus .50% and is subject to change January 1, April 1, July 1 and October 1.