Mortgage Loans

We offer a variety of mortgage loans that help meet the financial needs of our members. Whether you're buying your first home, your retirement home, or upgrading to your next size home, we understand the importance of finding the right mortgage loan for you. We offer mortgage loans in Tuscarawas County and in all contiguous counties. 

Refinance your existing mortgage

  • Lower your monthly payments
  • Shorten the term of your loan
  • Consolidate your debt
  • Reduce or eliminate Private Mortgage Insurance

Construction loan

  • Long-term plans are available
  • One-time closing
  • Rates determined by credit score and loan to value

Buy a home or investment property

  • Single-family home
  • Condominium
  • Town-home
  • 2nd homes
  • 2-4 unit building

First mortgage

  • Purchase of a new home or refinancing existing homes
  • Fixed rates
  • Long-term plans are available
  • Minimum down payment determined by your credit score
  • Rates determined by credit score and loan to value

Home Equity Loans

Home equity loans are a great way to pay for expenses as you need to. A home equity can pay for house projects, tuition, medical expenses, and more. You can also use a home equity for debt consolidation, which means you'll have just one payment to keep track of each month, often with a lower interest rate. Let us help you discover the benefits of a home equity loan.

Home Equity Line of Credit

  • Long-term plans are available
  • Rates determined by credit score and loan to value
  • Revolving line becomes available as balance decreases

Disclosures:
Home Equity Line of Credit
What you should know about home equity lines of credit.

Calculators

Monthly - calculates your payment for different loan amounts, interest rates, and amortization terms
Payment Schedule - calculates the breakdown of principal and interest payments in a yearly or monthly format
Extra Payment - calculates how much you can save over the term of your loan by increasing your monthly payment
How Much Can I Afford - calculates your maximum mortgage amount based upon the monthly payment, interest rate, and term that you enter
How Much Can I Borrow - calculates how much you can borrow based on your income, debts, and desired loan term
15-year vs. 30-year Mortgage - compares the difference between a 15-year and a 30-year mortgage
Refinance Interest Savings - estimates the benefits of refinancing

Checklists

Here is a list of some of the things you will need to make it easier to complete your application when you're applying for a loan to purchase a home. When applying for a full residential mortgage, plan to spend around 15-30 minutes on the application.

Purchase Checklist

  • Your current residence address, or addresses, for the past two years
  • Social security number for all borrowers
  • Your employment history for the past two years. You'll need your employer(s) name, address, and phone number
  • Income information for all borrowers. You'll be asked to include salary, overtime, bonuses, commissions, interest/dividend, retirement income and any other regular source of income
  • The price of the home you are buying, and how much you'd like to borrow toward the purchase
  • The address of the property you are planning to purchase
  • Credit union, bank, and brokerage account information, including the institution name and current balances
  • If you own any real estate, we'll have some basic questions including address, current market value, the mount you owe, the rental income you receive (if any), and what your monthly payment is
  • Information about your current debts. We'll ask for the name of the creditor, the account number, the current balance owing, and the amount of your monthly payment

Refinance Checklist

Based upon the type of refinance you're doing, some, or even most of the items on this checklist may not be necessary.

  • Your current residence address, or addresses, for the past two years
  • Social security number for all borrowers
  • Your employment history for the past two years. You'll need your employer(s) name, address, and phone number
  • Income information for all borrowers. You'll be asked to include salary, overtime, bonuses, commissions, interest/dividend, retirement income and any other regular source of income
  • The year you purchased the property being refinanced, it's original cost, current loan balance, and payment amount
  • Credit union, bank, and brokerage account information, including the institution name and current balances
  • If you own any real estate, we'll have some basic questions including address, current market value, the mount you owe, the rental income you receive (if any), and what your monthly payment is
  • Information about your current debts. We'll ask for the name of the creditor, the account number, the current balance owing, and the amount of your monthly payment