Caltech Employees Federal Credit Union
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Mortgage Center
CEFCU and CUSO Mortgage bring you a unique mortgage opportunity exclusively for CEFCU members. Everything you need to know about financing your home loan needs is a click away. CUSO Mortgage has combined with CU West Mortgage to provide even greater value and service to our members.
The Mortgage Center is dedicated to utilizing the industry's most current technology to bring our Caltech community the lowest possible rates with the fastest loan closing time.
Add this to our commitment to unsurpassed service and superior financial value and you can be certain that you've made the RIGHT CHOICE with CEFCU and CUSO, our mortgage partner.
How would you like to enjoy lower monthly mortgage payments?
Better yet, how would you like an extended term mortgage WITHOUT a higher rate?
CEFCU now offers its popular 5-Year Re-price mortgage amortized over 40 years!
This program is ideal for first-time homebuyers or trade-up borrowers facing high home prices or dealing with rising rates and higher payments on existing adjustable-rate mortgages.
- Lower, more affordable monthly payments
- No rate increase for extended term
- More buying power
- More cash in hand
With this mortgage, your repayment schedule is calculated over a 40-year period (480 payments). As a result, your monthly payment will be less than what it would be with a standard 30-year (360 payments) fixed rate mortgage.
Better yet... you will enjoy a lower monthly payment along with superior program advantages including a 60-day rate lock with one float down, up to 80% loan-to-value with no Private Mortgage Insurance (PMI) required and no add-ons to the interest rate!
Talk to one of our mortgage loan advisors today to evaluate if this program is right for you! Call (800) 592-3328 ext. 404.
Rates, terms and conditions are subject to change. Rate and payment fixed for first 5 years. May adjust every 5 years thereafter based on market rates. All loans subject to credit approval. Certain exceptions may apply. CEFCU is an Equal Housing Lender and Equal Opportunity Lender.
