Home Mortgages

Home Mortgages

Making your dream home a reality

Now is the right time to buy your dream home! Consider joining the millions of Americans who enjoy the many benefits of home-ownership.

Investment – In most cases, the value of your home will increase each year. As you make payments on your home mortgage, you are also building equity.

Tax advantages – Interest you pay on your mortgage, and on occasion, even property taxes, can be claimed as a deduction on your annual income tax return.

Pre-approvals – While you are shopping for a new home, the Credit Union can pre-approve you for your mortgage.

We’ve got what it takes

Whether this is your first mortgage, a trade up or a refinance, USFCU offers the kind of service that makes you feel right at home.

Variety of mortgage programs – We offer fixed and adjustable rates at terms that meet your particular situation.

Competitive rates – Check our current rates on-line at our web site www.ukrfcu.com or call the Credit Union.

Pre-qualification – Know how much you can afford before you start looking for a home.

Fast loan decisions – We won’t keep you waiting during this exciting time! You should have a conditional approval from USFCU within 3 business days.

Personable mortgage counseling – Talk with our mortgage officer to discuss what options will best meet your needs.

Lower fees – Often, the Credit Union can save you money on fees.

Arm Mortgages

If a low interest rate and a low monthly payment appeals to you, then consider the Ukrainian Selfreliance ARM product. These ARM’s are unique to Ukrainian Selfreliance, Philadelphia in that they are safe and stable loan products unlike those you find elsewhere in the industry or you may have heard of in the news recently.

You will never experience the interest rate or payment changing every year with the Ukrainian Selfreliance ARM. You will be comfortable with the low rate caps and low margins that result in minimal rate changes once every 3, 5, or 7 years. Lastly, you will be reassured that the credit union is working on your behalf, because if at any time, your rate is higher than the current ARM rate, you may be eligible for a Rate Modification once every 12 months to the lower rate for a minimal charge.

Mortgage Checklist

If you are thinking of applying for a mortgage soon, here is a checklist of information required to complete the process:

Income
W-2s for the last two years.
Last 3 paycheck stubs.
If you are self-employed, we will need the last three
years’ tax returns, corporate and personal, and a
year-to-date profit and loss statement.

Assets
Two months’ bank statements for checking and savings.

Debts
Installment payments you make, such as car loans/
leases, student loans, revolving charge accounts,
personal and installment loans, etc.

No matter what your borrowing needs, be sure to contact the Credit Union for rates and terms on a loan that fits your budget. Call our loan department at 215-725-4430 or 1-888-POLTAVA1-888-765-8282

Apply Now | Current Rates

Source: DEXSTA Federal Credit Union