A home mortgage is one of life’s biggest decisions. Your UNIFY Loan Specialist understands that. From application to funding, your UNIFY Loan Specialist will walk you through your options, so you can walk around happy.
- Fixed-Rate First Mortgage
- Adjustable-Rate First Mortgage
- Flex-Rate Home Equity Line of Credit
- Home Equity Loan
- Down Payment Second Mortgage Helper
- Realtor Rebate Program
| Fixed Rate First Mortgage | Adjustable Rate First Mortgage | |
| GREAT IF YOU | Want the security of a principal and interest payment that will never change and you plan to stay in your home for more than 10 years. | Need a lower rate and smaller payments to boost your buying power, and ease finances for the first years of the loan. |
| ALSO GOOD IF YOU | Want to refinance your current home loan to pay it off sooner—in 10-20 years. | Plan to move or pay off your mortgage in less than 10 years. |
| BORROW UP TO… | 97% combined loan to value (CLTV) financing or up to 100% CLTV financing when combined with a UNIFY Down Payment Second Mortgage Helper.1 | 95% combined loan to value (CLTV) financing or up to 100% CLTV financing when combined with a UNIFY Down Payment Second Mortgage Helper.1 |
| AMOUNTS OF | $50,000 up to $2,000,0002 | $50,000 up to $2,000,0002 |
| TERMS OF | 15, 20 or 30 years | Fixed payments for 5, 7, or 10 years—adjustable thereafter6 — amortized over 30 years. |
| INTEREST RATE | Low fixed rate that will never increase. Lower your rates with upfront point fees.3 | Low variable rate that will not increase by more than a set rate after the initial fixed rate period. Annual and lifetime interest rate caps.3 |
| LOCK-IN… | A low rate up to 90 days.4 | A low rate up to 90 days.4 |
| TAKE CASH OUT | Refinance and use your equity for home improvements, debt consolidation and more.3 | Refinance and use your equity for home improvements, debt consolidation and more.3 |
| Home Equity Loan | Flex Rate Home Equity Line of Credit (HELOC) | |
| GREAT IF YOU | Want a one-time, lump sum to cover a large expense, such as a major home remodel, vehicle purchase or debt consolidation. | Need flexibility similar to a credit card to handle recurring expenses, such as home improvements. |
| ALSO GOOD IF YOU | Want the predictability of fixed payment and end date. | Want an extended period of interest-only payments.9 |
| BORROW UP TO… | 80% combined loan to value (CLTV) financing. | 90% combined loan to value (CLTV) financing. |
| AMOUNTS OF | $20,000 to $250,000.2 | $20,000 to $250,000.2 |
| TERMS OF | 5, 10 or 15 years | 15-year draw period, 15-year repayment.9 |
| INTEREST RATE | Low fixed rate. | Low variable rate.9 |
| LOCK-IN | Up to 3 fixed-rate loan locks, each for a minimum of 60 months.8 |
- Fixed-Rate Mortgage
Now, save $950 in application fees*
Do you like to know what’s coming? Then you might want a fixed-rate loan. Enjoy consistent monthly principal and interest payments at a fixed rate.
- 15-, 20- and 30-year terms for purchase or refinance
- Up to 97% combined loan to value (CLTV) financing
- Up to 100% CLTV financing when combined with UNIFY's Down Payment Second Mortgage Helper1
- $50,000 to $2,000,000 loan amounts2
- Cash-out refinance option3
- Reduced rates if points are purchased4
- 90-day rate lock4
- For single-family and multi-units3, condominiums3, townhomes, second homes5and planned unit developments
- Payment Examples
- Adjustable–Rate Mortgage
Now, save $950 in application fees*
A loan that adjusts to your needs. If you won’t be in your home long-term and want a lower monthly payment, this loan could be for you.
- Fixed payments for 5-, 7-, 10-years - adjustable thereafter6 - amortized 30-year term
- Up to 95% combined loan to value (CLTV) financing
- Up to 100% CLTV financing when combined with UNIFY's Down Payment Second Mortgage Helper1
- $50,000 to $2,000,000 loan amounts2
- Cash-out refinance option3
- Reduced rates if points are purchased4
- 90-day rate lock4
- Annual & lifetime interest rate caps
- For single-family and multi-units3, condominiums3, townhomes, second homes5 and planned unit developments
- Payment Examples
- FLEX-Rate Home Equity Line of Credit (HELOC)
Need some flexibility in your life? We’ve got it! Enjoy a variable rate line of credit with a fixed-rate loan lock option. And, take advantage of interest-only payments!11 With no closing costs or annual fee, it's a no brainer.12
- Up to 90% CLTV financing11
- $20,000 to $250,000 loan amounts2
- No annual fee
- No closing costs12
- 15-year draw period & 15-year repayment period
- For single-family and multi-units11, condominiums, townhomes, second homes5 11 and planned unit developments
- Fixed-rate loan lock option as low as 4.25% APR8 (Minimum 60-month term required)
- Apply up to 3 fixed-rate loan locks at any time
- Fixed-rate is based on credit history at time of loan origination
- Payment Examples
- Home Equity Loan
Need some cash? Whether it is for home improvements, an emergency or consolidating debts—you can access the equity in your home. With no closing costs, you have nothing to lose.12
- Fixed rates, funds in one lump sum, consistent monthly payments
- 5-,10- and 15-year terms
- Up to 80% combined loan to value (CLTV) financing
- $20,000 to $250,000 loan amounts2
- No closing costs12
- Fixed rates as low as 5.00% APR10
- Interest may be tax deductible7
- For single-family and multi-units11, condominiums, townhomes, second homes5 and planned unit developments
- Payment Examples
- Down Payment Second Mortgage Helper
Looking for a zero money down option? We’ve got you covered with our Down Payment Second Mortgage Helper. Borrow up to 20% down payment when your first mortgage is with UNIFY.1
- Look forward to consistent monthly payments with a fixed rate
- 15-year term
- Amounts up to $250,000 (minimum 10,000)2
- Payment Examples
- Realtor Rebate Program - HomeBenefitsPlus10
Just when you need it most and expect it least—a rebate. A 25% real estate commission rebate.10 Simply select a HomeBenefitsPlus realtor when you buy or sell your home.
Examples
When You Sell Selling Price $400,000 3% Commission $12,000 25% Commission Rebate $3,000 When You Buy Buying Price $450,000 3% Commission $13,500 25% Commission Rebate $3,374 Example Total Rebate $6,375 Get matched with a HomeBenefitsPlus Realtor
Please phone: 888.603.9563
1Down Payment Second Mortgage Helper not available for the purchase of a second home or investment property. Must be combined with a UNIFY first mortgage product. Maximum combined financing for a UNIFY mortgage and Down Payment Second Mortgage is $1,000,000.
2Loan amounts are based on borrower(s) and collateral meeting credit criteria and loan program guidelines. All applicants must meet loan approval criteria which are based on credit history, debts, ability to repay, home ownership, home value, and other factors. Note: Manufactured or mobile homes are not eligible for financing. Upon your intent to proceed, an upfront, non-refundable $500 fee will be required.
3Rates are subject to change without notice. The following are subject to rate increases in accordance with federal guidelines: all condominiums, multi-units (up to 4 units) and cash-out refinances.
4Interest rate lock available after pre-approval is given. Loans must be funded within 90 days of locking interest rate. If 90 days expire, additional rate lock fees may apply. All applicants must meet loan approval criteria, which are based on credit history, debts, ability to repay, home ownership and home value. Note: All properties must be owner occupied. Manufactured or mobile homes are not eligible for financing. If pre-approved, a $500 non-refundable fee will be required to complete your loan process.
5Must be a minimum of 50 miles distance from primary residence. Down Payment Second Mortgage not available in TX or on purchase of a second home/property.
6Rate subject to change annually after introductory period. Rate change based on constant maturity of one year T-Bill (CMT) plus margin of 2.75%.
7Please consult a tax professional regarding your specific situation.
8APR=Annual Percentage Rate. “As low as” fixed rate loan lock APR assumes excellent borrower credit history including a minimum FICO score of 740, 80% or less loan-to-value (LTV) and a maximum 5 year lock term. Estimated monthly payment is $18.53 per $1,000 borrowed for 60-month term at 4.25% APR. Your rate may vary. Alternative term options are available and based on credit history at time of loan origination and length of rate lock period. Fixed-rate loan lock conversion fee is $25 per occurrence. Maximum of three fixed-rate loan locks at any time. Rates and/or program subject to change without notice.
9This HELOC is a variable rate plan as described in the applicable loan documents. APR may vary based on the index rate plus a margin. Index rate is based on the Prime Rate as published in The Wall Street Journal. On March 22, 2018 that index was 4.75%. APR will never exceed 18.00%. Qualification and APR dependent on credit history, debt, loan-to-value, ability to repay, home ownership, and other factors. Collateral property must be owner occupied and property insurance is required. This HELOC has a 15-year draw period and 15-year repayment period. During the 15-year draw period, the minimum payment due each billing cycle will equal accrued finance charges (interest-only) and other applicable charges. The minimum payment will not reduce the principal balance. At the end of the draw period, the outstanding balance will amortize over a 15-year repayment period. Payments during the repayment period consist of principal and interest. You may pay certain fees to third parties, such as appraisers, credit report firms, and government agencies. These fees generally total $500-$1100. Rates and/or program subject to change without notice.
10Rebates are subject to state and federal law, and lender approval. The following states currently prohibit rebates: AK, AL, IA, KS, LA, MO, MS, OK, OR, TN. To take advantage of the program, you must call HomeBenefitsPlus before contacting an agent. No rebate is available if you call an agent directly. CA DRE #01345642.
11Maximum 80% CLTV if subject property is a second home, or if subject property is located in the State of Texas.
12For applications taken on or after May 8, 2018 only: Closing costs and origination fees waived for HELOC and Home Equity Loans with an initial advance of at least $10,000.00 taken at closing. HELOC or Home Equity Loan must remain open for at least 36 months from date of closing. If HELOC or HE Loan is paid off and terminated within 36 months of closing date, closing costs and origination charges up to $500 will be added to the loan payoff amount.
*$950 savings represents the aggregate of certain mortgage origination fees previously charged by UNIFY that are now eliminated: $200 Document Preparation fee, $500 Processing fee, and $250 Underwriting fee. A $500 appraisal fee will be collected when you confirm your intent to proceed.
REALTOR® is a registered trademark of the National Association of REALTORS.
UNIFY Financial FCU NMLS ID: 613881
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