Talk to a Financial Representative
If you are interested in buying instead of refinancing we
have a number of loans available. Your inquiry will be handled by our
affiliate, First Union Mortgage Corporation. |
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HOW MUCH CAN YOU BORROW?
The maximum amount for this loan is $740,000 for a
single-family residence; up to $500,000 for 2, 3, and-4 unit property. There
are no minimum loan amounts*. |
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HOW LONG DOES IT TAKE TO REPAY?
With this loan, you can select from a variety of repayment
terms - from short to long - that suit your personal situation best. After you
apply, your loan officer can discuss with you the term that best fits your
needs. |
WHAT KIND OF PROPERTY CAN YOU OWN?
You can ask for one of our home purchase loans if you're
buying a single family residence. Duplex, triplex, or fourplex homes are also
eligible. Second homes, condos, and rental property in Planned Unit
Developments (PUDs) are also available, however, vacant land and mobile homes
are not. |
HOW MUCH DOWN PAYMENT DO YOU NEED?
For owner-occupied single family homes, we have loans
available where the down payment can be only 3%. For other types of property,
or if you have less than perfect credit, a higher down payment might be
necessary.
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