MORTGAGES & HOME EQUITY LOANS

Important news for first time homebuyers & others:  The tax credit of up to $8,000, available for qualified first-time home buyers purchasing a principal residence, has been extended. To qualify, you must purchase a home on or after January 1, 2009 and by April 30, 2010. In addition, a new tax credit of up to $6,500 for qualified repeat home buyers has been authorized. Click here for general information on these programs, and click here for more information from the IRS on these tax credits.

Your credit union has the home loan or home equity loan to meet your needs.  Please note that we can only finance mortgages and home equity loans for properties located in New Mexico in amounts up to $417,000.  Our programs include traditional fixed rate mortgages with a variety of terms, available for purchases or refinances. 

• Fixed rate conventional mortgages and adjustable rate mortgages with a variety of terms.
• First-time homebuyers program.
• Home Equity Line-of-Credit loans with no closing costs!*
• 2nd Mortgages - qualified borrowers can borrow up to 90% of  equity.   

If you're looking for a new home or think it's time to refinance your current mortgage, contact our Mortgage Department for an appointment to discuss your options. Call 768-7190 to schedule your appointment, and click here for a list of documents you will need at your appointment.

For the latest mortgage and home equity loan rates, click here. 

Save money and save time every time you BUY or SELL a home through our new program with CU Realty. We offer this program as a valuable way to connect you with top real estate agents and save you MONEY!  Click here for more information on this new program.