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Five County Credit Union offers a wide range of real estate loan programs and to meet all your financing needs. Fixed and variable rate mortgages are available. Why rent? Let us help with a real estate loan to meet your home buying, building or mortgage refinancing needs.
For more information or to apply, please call 1-800-750-0959 or send us an email using the “contact us” link on our website. |
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Qualified home owners can establish a home equity line of credit up to 80% of the appraised value (less existing liens) of your home. Five County also offers fixed rate, fixed term second mortgages up to 80% of the appraised value of your home.
Five County Credit Union offers financing for mobile homes located in mobile home parks or on individual rental properties.
If you are interested in building a new home, you are one step closer when exploring your financial options with Five County Credit Union
Construction finance is a specialized field. To better serve your needs, Five County collaborates with an expert construction consulting firm – Ontarget Systems, who will communicate the project progress to the credit union making the process smooth and seamless.
After loan approval, and during the construction phase, Ontarget Systems will conduct onsite inspections and submit reports to Five County. These reports detail the progress of construction, disbursed construction loan proceeds and are compliant with all required documents.
Both Five County and Ontarget Systems understand the importance of prompt payments to builders, subcontractors and suppliers and conducts timely inspections to your new home. Prior to commencement of construction, you will receive a construction loan packet that outlines the process and includes requisition forms.
Your construction loan converts to a residential mortgage without a second closing. During construction, interest is charged only on the money spent and you have up to six months to finish the project. All loans are locally approved, originated and serviced. We will review your plans, budget and contracts and work with you monitoring disbursements and subsequent lien waivers.
If you are interested in builder construction loans; construction to permanent loans, bridge loans, or commercial construction, please call 1-800-750-0959 or send us an email using the “contact us” link on our website.
CUSO Mortgage Corp. is a licensed mortgage company owned by Maine credit unions. Their mission is to provide consumers—credit union members as well as non-members—with complete and competitively priced residential mortgage products and services. CUSO strives to provide a variety of loan programs for both low-income and first-time homebuyers, as well as for moderate- to higher-income borrowers.
- Conventional Fixed- and Adjustable-Rate Mortgages
- VA & FHA Loans
- Rural Housing Loans
- Jumbo Mortgages
- Maine State Housing Authority (MSHA)
The CUSO mortgage staff is dedicated to providing affordable housing alternatives to consumers and endeavors always to make the dream of home ownership a reality for all.
You may apply for a conventional mortgage through the CUSO website, or by calling 1-800-360-2876 to talk to one of CUSO's knowledgeable and experienced loan officers.
Website: www.cusomortgagecorp.com
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