Home Loans
Buying a home or using it to help pay for your next project? No matter the path, there are home loans available to help your family.
Mortgages and Refinancing
You might need a helping hand in this market, and your mortgage options are here to offer it. New buyers and those with growing families can both find affordable mortgages to buy the homes they’re looking at. You might also lower your existing mortgage payment by refinancing your loan from another lender.
Your mortgages give you these advantages:
- Afford your homeownership goals with competitive rates
- Keep more of your savings with low fees and closing costs
- Get a second chance by refinancing your mortgage from elsewhere
- Convenient application process online
What else should you know? Take a look:
How Do I Apply?
- Secure online application Complete your application from the comfort of your own home.
- Make an appointment. Call: 716-847-6960 ext. 207
- Email: mortgageorigination@bflometrocu.org
Home Equity Line of Credit (HELOC)
You work on your home a lot. It’s time to put it to work for you. A HELOC pays for kitchen remodels, helps fund college expenses, makes dream vacations possible and more. Unlike a personal loan (which has no collateral), a HELOC uses your home’s equity as collateral. This may get you better rates.
You can receive your HELOC money as a lump sum or a “line of credit” that lets borrow periodically up to your limit.
Here’s what else you should know:
How Do I Apply?
- Call (716) 847-6960, option 3
- Apply online!
HELOC Checklist
- Application Fee: $200.00 (non-refundable)
- Closing Cost: $200.00
- All parties on the deed must be party to the loan
- Completed application returned to the CU with: proof of income, copy of survey, first mortgage balance verification, proof of paid property taxes (only if they are not escrowed)
- Equity is determined by up to 100% of the appraisal value minus any existing first mortgage balance. (Your credit history will determine the percentage of loan to value)
How Can We Help You?
Contact us with your questions!
