Mortgage Loans
When looking for the best mortgage, most people just think about interest rates. But while cost is an important consideration, it isn't the only one. Oh sure, we offer some of the best rates and lowest payments in Omaha and beyond, but we have even more to offer.
Our staff knows the local real estate market well, and will walk you through every step of the loan process so you always feel "right at home." Try finding that at a mega-bank!
- Summary
- Available for primary residences in Nebraska and Iowa
- Financing of up to 100% of property value
- Some of the lowest fees in the area
- Interest payments may be tax deductible (consult tax advisor)
- No penalty for paying your loan off ahead of schedule
- Option of loan servicing within the credit union
- Property insurance required
Other loans offered:
- Jumbo loans
- Construction loans
Start with Pre-approval!
Find out exactly what you can afford before you shop for your new home. As a pre-approved buyer, you're in a better bargaining position and are able to close the deal on your new home more quickly.
- Fixed vs. Adjustable Rates
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A fixed rate never changes. What you see is what you get—your payments remain the exactly the same for the life of the loan. This is the most commonly used option.
An adjustable rate mortgage (ARM) starts out with a lower initial rate allowing you to qualify for a larger mortgage, but the rate adjusts over the life of the loan, subject to periodic and lifetime caps. This means that after a set period of time, your monthly payments will go up significantly. This option is ideal if you plan to sell the house before the rate adjusts or anticipate being able to afford larger payments later on.
Still unsure? Let our loan experts help you decide which option is best for you.
