Mortgages

Investment / Rental Loan

Getting the most out of your investment loans

An investment property is an ideal way to supplement your income, and your not-for-profit member-owned credit union can help you get affordable financing. While each loan situation for investment properties is unique, Stanford FCU’s Mortgage Consultants can help you with any questions and explain all of your financing options.

Features

Understanding Home Loans

Learn the ins and outs of mortgage loans, whether you’re a first-time homebuyer or considering a refinance.

Explore

If you’re looking for financing for your investment property, Stanford FCU offers great options for your mortgage!

  • Competitive interest rates
  • Interest only payments
  • Non-recourse secured loans
  • No pre-payment penalties
  • Fixed rate loans (fixed-rate loans are available in all states, with limitations on maximum loan amounts)

Rates

The loan rate is one of the most important factors in buying a property. Besides the amount of the loan, the factor that most affects the affordability of your loan is the interest rate you pay on your loan. Your monthly mortgage payment includes: (1) the interest you owe on your outstanding loan balance and (2) a portion of the principal itself, which reduces the remaining loan balance. The lower the interest rate, the lower your monthly payment. Consider that a one-percentage point difference in mortgage rates can translate to a 10% difference in the monthly mortgage payment. Since rates fluctuate daily depending on many economic factors, we encourage you to check rates frequently, to determine how much you can afford.

 

Click here to see our current Mortgage rates.

Disclosures

All members are required to have a $5 membership share balance in any of the following accounts: Checking Account, Savings Account, Money Market Account, Share Certificate or Individual Retirement Account.

Home Mortgage Disclosure Act (HMDA) Notice

The HMDA data about our residential mortgage lending are available online for review The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. Click here to view.
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