| The
answers to all your mortgage needs are under one roof at Bayou
FCU! We can build the perfect loan, construct the best terms,
and lay the cornerstones for your mortgage needs.
Looking to purchase a new home? How about refinancing your
existing home? Maybe you have found the perfect piece of land
and are thinking about building a new home on it. Whatever
the scenario, Bayou FCU wants to help you make your home buying
experience pleasant and easy. Our mortgage lending program
offers many options, including:
Home
Purchase Loans
With fixed or adjustable rates and terms up to 30 years, we
can help make your dream home a reality! But be sure to stop
in and visit one of our mortgage loan officers before you
shop for a new home to get pre-qualified for your mortgage.
That way, you’ll know what price range you can best
afford.
Home
Equity Loans
You’ve made quite an investment in your home over the years, now it’s time to put that house to work for you! With a fixed-term loan or a home equity line of credit, either of these "second mortgage" loans offer competitive rates and are the best consumer bargains around. Use the funds for bill consolidation, home improvements, college costs, a dream vacation, or any good purpose -- the choice is yours.
- Up to 15 Year Variable Rate Term
- Fixed Rate Loan or Variable Rate Line of Credit
- 80% of Equity (Loan To Value) Available
- Easy Access Checks
- Excellent Tax Advantages (See Your Tax Advisor)
Refinances
Lower your monthly payments and reduce your interest costs
by refinancing your existing 1st mortgage or home equity loan
from another institution with a lower interest rate loan from
Bayou FCU.
Land
Loans
When you have found a piece of land, but you're not quite
ready to build, or you just want to hold on to it for the
future, we can help with great rates and terms.
Construction
Loans
When you’ve found the perfect location to build your
dream home, we can help you make it become a reality with
a Construction loan from Bayou Federal. Take up to 12 months
to build and make interest only payments during this period.
Then convert to a conventional 1st mortgage at completion.
Second
or Vacation Home Loans
We can help you finance your “Home Away from Home”
for fun and relaxation. Give us a call for more information
or for pre-qualification. |
