Real Estate

Home Equity Loans

Take control of your expenses with a CTECU Home Equity Loan:

What exactly is a Home Equity Loan? It’s a loan that allows you to borrow up to 80% of your home’s fair market value less any outstanding liens. Home Equity Loans can be used just like cash for many things, including debt consolidation, home improvements, vacations and even college expenses or any major vehicle purchase.

CTECU Home Equity Loan features:
  • Low, competitive rates
  • No prepayment penalties
  • Term up to 5 years
  • No Application fee
  • Tax deductible in most cases (consult your tax advisor)

Click here for Home Equity Loan Application or stop by a CTECU office to pick-up a Home Equity Loan Application.

TERM RATE (APR)
(APR=Annual Percentage Rate)
Up to 5 years 1.99%

Real Estate and Home Equity Loans

CTECU has also partnered with CU Members Mortgage, an innovator and leader in the credit union mortgage market. Together, we provide CU Members Mortgage, a complete home-buying service, including mortgage education, a simple application process, and many types of lending options.

Whether you’re buying a home or refinancing one, we know it can be very confusing and worrisome. Don’t be discouraged. Instead, get all the information you need from people you know and trust. We’ve helped many credit union members find the answers to their questions, and we can help you, too!

CU Members Mortgage allows you to get information and apply for mortgage loans without ever leaving your home or office. We are always available to provide information – 24 hours a day, every day!

Real Estate Loans

 Choose the option that is best for you:

  • You can apply in person, by phone, by mail, or by fax.
  • Via our secure Internet site, CU Members Mortgage, you can complete and submit loan applications 24 hours a day.
  • Contact a Mortgage Loan Officer at 1-800-607-3474 option 3.

We provide loans for new homes, pre-owned homes, or construction on your own lot. We also offer several refinancing and home equity options. In addition, we can offer other benefits and savings you won’t receive with any other lender. Our programs are tailored to personally meet you needs.

Contact CU Members Mortgage to check out our special lower than market rate that’s being offered for a limited time.

Disclosure: Loans are for qualified applicants. These loan rates and terms are subject to change upon Board of Directors discretion.