Home Loan Products to Fit Your Needs

As the weather improves and the real-estate market heats up, don’t forget about your local Credit Union’s home equity and mortgage products that can help you improve your home or start down the path to homeownership.

Already own your home?

Lock in your rate on a home equity line of credit!

3D rendering of a house-shaped padlock

If you own your home, you can make the most of its value by taking advantage of a home equity line of credit (HELOC). Now is the time to lock in our low rate — as low as 2.49% APR 1-year introductory and as low as 5.00% APR thereafter.* You can borrow up to 90% of your home’s value, less the first mortgage balance. We offer no closing costs for qualified borrowers,** and our affordable payments include both principal and interest. Use the funds for home renovations, debt consolidation or any other financial need!

Looking to buy a house?

Welcome Home!

Cardboard cutout of house with origami pink hearts rising from chimneySt. Louis Community will work with you to achieve the dream of homeownership. As with all of our services, we provide one-on-one support and can make credit counseling available for those who need it. We go the extra mile by making members aware of assistance programs for down payments and closing costs. Beyond that, you can count on our competitive rates and terms***, plus low down payments.***

Are you looking to get more information on home buying?

The financial coaches at Prosperity Connection offer free classes and one-on-one financial counseling to help you meet your goals. They are now accepting registration for a FREE Home buying class on April 17th at the 24:1 Excel Center in Pagedale.

With every loan, St. Louis Community gives back to the members and neighborhoods we serve by providing better rates, fewer fees, and investing in underserved communities. When you bank and borrow with us, you’re part of our giveback. Thank you.

*APR = Annual Percentage Rate. Subject to credit approval. Introductory APR available on new lines of credit only and is based upon underwriting criteria. After 12-month introductory period, APR may vary monthly for the remaining life of the loan between Prime Rate and Prime Rate plus a margin up to 3.00% based upon underwriting criteria and loan to value (LTV) at time of appraisal. Home Equity Line of Credit features variable rates that are based on the Prime Rate as published in the Money Rates section of The Wall Street Journal, and are subject to change. As of 12/14/2017 the Prime rate was 4.50%. APR may vary but will not exceed 13.50%. Minimum loan amount is $15,000. Finance charges begin the date a transaction is posted to your account. Properties securing home equity lines of credit must be located in St. Louis City, St. Louis County and select counties in Illinois. Property insurance will be required and flood insurance where necessary. Consult a tax advisor regarding tax deductibility. Refinancing available from other institutions only. St. Louis Community Credit Union’s NMLS ID# 616755.

**Closing cost offer applies to new lines of $15,000+. Excludes appraisal, if needed.

***Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval. See Credit Union for complete details. St. Louis Community Credit Union NMLS ID# 616755

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