Home Loans
Second Trust
This fixed-rate loan is based on the home's available equity and may be used for home improvements, special events, debt consolidation or tuition. This loan has:
- Low, fixed monthly payments
- Competitive rates
- No application fee
- Help towards closing costs*
- Repayment terms up to 30 years
- Borrow up to 90% of your home’s equity**
- 3-year balloon and 3/1 ARM
- Tax-deductible interest payments (consult your tax advisor for details)
Download your application or call our Real Estate Officer at 202.458.3834 for additional information.
*The Credit Union will pay for the appraisal and all closing costs, except points, government recording and transfer taxes charges. **Borrow up to 90% of your home’s equity if your first mortgage is with OAS Staff FCU or CUMA, or up to 80% of the home value if the first mortgage is elsewhere.
