MORTGAGE

Chief Financial FCU & MMS Member Mortgage Services, LTD.
"Your credit union's Mortgage Department"

Chief Financial has a number of mortgage programs with great rates!
For more information please call Member Mortgage at (800) 945-4506 or visit
www.24-7mortgageonline.com

30 and 15 year fixed rate mortgages

Security of an interest rate that never changes
Buy downs or no point loans

5/25 and 7/23 balloon programs

Fixed interest rate for first 5 and 7 years, and then a one time adjustment. The remaining 25/23 years will be at the adjusted rate.
Ideal for the homeowner who knows that they will reside in the home less than five or seven years.
Lower initial interest rate.
30 year amortization.

Adjustable rate and convertible mortgages

Lower initial interest rate.
Easier to qualify.
Perfect for the transferee or people who are only going to stay in the home for one to four years.
Convertible ARMS can be converted to a fixed rate for a small fee, between year end of year one and year five.

Construction loans

Borrower can act as the contractor.
Unlimited check draws.
Builders license not required.

Home improvement construction loan

Allows the borrower to purchase a new property or refinance an existing property and obtain additional funds to perform repairs, remodeling or renovations.
Appraisal based on the "as completed" value of the property.
Fixed rate and adjustable rate, 15, 20, or 30 year programs allowed.

Other programs and features

VA/FHA mortgages (203K & secure)
Jumbo mortgages
Refinancing with or without cash-out
Lock-N-Shop
Nonconforming loans
Farmers home loan (FmHA)
Debt consolidation
Escrow waiver programs
Easy doc. programs
Pre-Approval
Long term lock programs
Low down payment (0-5%)
Investment properties
ESP/Desktop underwriting
Rural Development Loans