Phone: (845) 774-0831    Fax: (845) 774-0835    Email: info@orutilfcu.org

Features:

  • Loan minimum: $15,000; Loan maximum: $150,000.
  • May be a first or second mortgage on the owner's primary residence located in NJ, NY, or PA.
  • Loan to value up to 90% on the residence.
  • Repayment terms of up to 15 years.
  • Fixed interest rate.
  • NO closing costs!**
  • Rate discount of .25% for automatic payments from your credit union share draft checking account.

Benefits:

*Consult a tax professional for deductibility.
**Some restrictions apply.

Features:

  • Loan minimum: $15,000; Loan maximum: $150,000.
  • Initial advance must be a minimum of $5,000.
  • Subsequent minimum loan advance: $500. Advances may be made by check or in person.
  • May be a first or second mortgage on the owner's primary residence located in NJ, NY, or PA.
  • Loan to value up to 80% on the residence.
  • No closing costs to the member! **
  • Initial draw period of 5 years, followed by repayment term of up to 15 years.
  • Rate discount of .25% for automatic payments from your credit union share draft checking account.

Benefits:

*Consult a tax professional for deductibility.
**Some restrictions apply.

Features:

  • Loan minimum: $5,000; Loan maximum: $25,000.
  • Loan repayment terms to 5 years.
  • Loan to value up to 125% of the residence.
  • Fixed interest rate.
  • Contractor estimates required; checks payable directly to contractors.
  • No closing costs to the member!**
  • Rate discount of .25% for automatic payments from your credit union share draft checking account.

Benefits:

*Consult a tax professional for deductibility.
**Some restrictions apply.

Features:

  • Variety of mortgage programs available through Owners Choice Funding.
  • New Purchase Mortgages & Refinance Mortgage programs.
  • Repayment terms up to 30 years with fixed or variable rate options.
  • Payments may be made directly to Owners Choice Funding by mail or ACH debit.
  • Available in NY, NJ, CT, PA, SC, NC, FL, DE, VT, NH.

Benefits:

  • Friendly, knowledgeable mortgage servicing staff.
  • Interest may be tax deductible.*
  • Low annual percentage rates save you money.
  • Competitive closing costs.

*Consult a tax professional for deductibility.


Click here for more information or to apply today.