Second Mortgage Loans

Make all your dreams come true! Our experienced and friendly mortgage professionals are ready to help you find the program that is right for you. Our mortgage department focuses on the individual needs of our members.

Second Mortgage Loans

  • Terms of 60 months to 180 months
  • Fixed rates
  • Up to 80% of appraised value available


Maximum Amount

  • We will finance a maximum of 80% of the appraised value of the property minus the 1st mortgage balance if there is one.
  • The maximum credit limit will be $350,000.00.

Term Options

  • Less than $5,000 - Up to 60 months.
  • $5,000 - $14,999 - Up to 120 months.
  • Greater than $15,000 - Up to 180 months.

Type of Lien

  • The loan will be recorded as a lien against your primary residence and is secured with a Deed of Trust.

Annual Percentage Rate and Fees

  • Your Annual Percentage rate will not go below a floor of 4%.
  • Loan to Value, current financial situation and credit score will determine the Annual Percentage Rate.
  • Please consult the Rates Page for the current Annual Percentage Rates.
  • All normal closing costs charged to establish Line are paid by the member.