Mortgage Loans
NMLS #491613
WFCU 1st & 2nd Mortgages
1st Mortgages
Wheatland FCU can lend up to 80% loan-to-value of your primary residence, with a maximum loan amount of $250,000. We can lend up to 70% loan-to-value for an investment property, with a maximum loan amount of $50,000. Terms available up to 180 months.
2nd Mortgages
Wheatland FCU can lend up to 80% loan-to-value of your primary residence, with a maximum loan amount of $250,000. We can lend up to 70% loan-to-value for an investment property, with a maximum loan amount of $50,000. Terms available up to 120 months.
Terms, conditions, fees & restrictions apply.
Types of Mortgage Loans
Wheatland FCU’s Extended Opportunities Mortgage Program through First Heritage Mortgage Services provides additional mortgage financing options. Through our partner we offer a variety of mortgage products and services, including programs for first time home buyers. The programs available today are:
However, obtaining a one-year adjustable rate mortgage can allow the member to qualify for a loan amount that is higher and therefore acquire a more valuable home. Many homeowners with extremely large mortgages can get the one-year adjustable rate mortgages and refinance them each year. The low rate lets them buy a more expensive home, but they pay a much lower mortgage payment.
The loan is rather risky because the payment can change from year to year in significant amounts.
Ready to Apply?
For more information, contact our Wheatland FCU Representative at First Heritage or call our in-house mortgage department.
Patrick Konen, Loan Officer
NMLS #147386
pkonen@firstheritage.org
1-800-808-2662 ext. 52446
Wheatland FCU Mortgage Department: 717-898-7673, option #4 or loans@wheatlandcu.com.
