skip to Main Content

Second Mortgage Fixed Rate Loan

Second Mortgage

Do you currently enjoy an excellent loan rate on your first mortgage? Do you need to access your home’s equity but don’t want to risk losing your great rate on your first? Or, maybe you just don’t want to pay the high fees associated with refinancing your entire mortgage?

For a very limited time, Prospectors FCU is offering a fixed rate second mortgage! Unlike a Home Equity Line of Credit, the interest rate on this loan does not change if interest rates trend up! That’s right, you pay our promotional rate for the life of the loan regardless of what interest rates do.

Rate as low as a fixed 1.99%apr and a 10 year term.

* APR = Annual Percentage Rate. All rates published are the lowest rate offered, your rate may be different based on your individual credit worthiness. This offer is not a guarantee of credit. Credit may not be extended if: (1) minimum credit score and payment criteria cannot be met; (2) applicant is delinquent on a loan; (3) we are unable to verify applicant’s income or employment; (4) applicant’s income in our opinion and according to our established criteria is not sufficient to pay the amount requested or (5) the collateral presented does not meet our lending guidelines. Minimum draw amount is $25,000. Maximum LTV cannot exceed 70%. Maximum 10-Year Term. Member is responsible for paying all fees and closing costs. Promotion end 01/31/22.

Back To Top