Home Loans
For Home Loans, there's no place like Solano First. Your home is probably
your largest single investment, so it’s important to make
smart financial decisions when you apply for a First Mortgage,
Home Equity Loan or Home Equity Line of Credit. As a member of
Solano First Federal Credit Union, you can make those home-buying or refinancing
decisions with confidence. Along with our loan partner, Midwest
Loan Services, we offer a full range of home financing products
at competitive rates. You’ll receive outstanding service
from a Mortgage company that looks out for your best interests!
Whether you’re buying your first home, refinancing, or looking
to put your home’s equity to work for you, Solano First is your place
for great rates, low fees and high-quality service.
Homeownership can be a great investment tool. Your monthly Mortgage
payments can help you build equity. As a benefit, you can often
borrow against that equity or convert it to cash if you sell the
home. You may also save money in taxes when you own a home. The
interest paid on your Mortgage is usually tax-deductible. Any
discount points you pay on your loan may also be deductible.
Another advantage of owning your own home is that with Fixed
Rate Mortgages, you will have fixed principal and interest payments
for the life of the loan. With Variable Rate Mortgage products,
the interest rate can fluctuate, but the rate is often initially
much lower than a Fixed Rate Mortgage. This means you can afford
more house for your money! Contact the credit union today for
more information on how to afford your dream home.
First Mortgages
Buying a home is one of the most important financial decisions
you’ll ever make! Let us help you find a Mortgage that meets
your needs with terms you can afford. The experts at Midwest Loan
Services can also help you market your current home and assist
you in your search for the perfect new one.
- Fixed Or Variable Rates (Your Choice!)
- First-Time Homebuyer Programs
- Owner And Non-Owner Occupied
- Super Jumbo Loans Up To $1,000,000
- Flexible Terms And Payment Options – Pay Bi-weekly Or
Monthly
- Direct Payment From Any Solano First Account
- Extra Payments At No Extra Charge
- Professional Real Estate Assistance From Experienced Agents
- Competitive Closing Costs
Apply today!
You can apply
online or stop in to speak with our First Mortgage Loan
Officer at Solano First's Vacaville Branch, (707) 422-1342, ext 3509, between
9am and 5pm PST, Monday through Thursday, or 9am and 6pm PST on
Friday. Click
here to check today's rates. With knowledgable loan professionals
and one day approvals, the process couldn't be easier!
Home Equity
Thinking about a vacation, renovations or paying off those credit
cards and higher interest loans? Solano First's Home Equity loans gives
you the freedom of using the equity in your home to do all these
things and more.
If you are a home-owner, get the money you need with the home
equity option you prefer.
Solano First offers members several Home Equity Loan options, including
Fixed Rate Closed-End Loans, Owner Occupied and Non-Owner Occupied
Property, and up to 100% LTV! The traditional Home
Equity Loan for up to 100% LTV,* and a Home
Equity Line of Credit (HELOC).
Apply online, or call Solano First at (707) 422-1342 or (800) 422-6988
to find out more or start your application over the phone.
Home Equity Line of Credit (HELOC)
A Home Equity Line of Credit from Solano First is a good solution for
ongoing project costs, financing a college education, consolidating
high-rate bills and more. With a HELOC, you are approved for
a maximum amount based on the equity in your home, and you can
draw on the Line of Credit whenever you choose (the first draw
must be at least $5,000).** Loan initiation fees are waived,
and you will be charged interest only on the money you use.
- Great Low, Variable Rates
- Low Or No-Cost Loan Process
- Up To 80% Loan-To-Value Ratio, Loan Amounts Up To $500,000
- Terms Up To 25 Years
- Interest Paid May Be Tax Deductible (Consult Your Tax Advisor
For Details)
Home Equity Loans
With a Home Equity Loan from Solano First, you have the freedom to use
the equity in your home to make home renovations, pay off credit
cards, go on vacation, and so much more!
- Great Low, Fixed Rates
- Owner And Non-Owner Occupied
- Low Or No-Cost Loan Process
- Up To 100% Loan-To-Value Ratio, Loan Amounts Up To $500,000
- Terms Up To 15 Years
- Interest Paid May Be Tax Deductible (Consult Your Tax Advisor
For Details)
* Loan To Value ratio.
** Subsequent draws have a minimum of $250
per draw.
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