Real Estate Loans
Product Information
Whether you are buying a new home, refinancing an existing home, or making improvements, UHCU can help. We have a wide variety of real estate programs to meet your specific needs. Review your options below, and call today!
First Mortgages
Our first mortgage loans are processed by BestRateLending.com, your #1 full service mortgage broker. Fixed and adjustable rate programs are available for purchases and refinances. Repayment term options are available to meet your needs. For current rates, loan program details, contact BestRateLending.com.
Apply online, through their web site, or by telephone at 650-227-6688.
Second Mortgages
Owner Occupied
- Borrow up to 80% of the appraised value of the home, less the first mortgage balance. Maximum loan amount is $150,000 minimum amount is $10,000.
- Fixed rate for the life of the loan
- 15-year (180-month) repayment period; 20-year (240-month) on originating balances of $75,000 or more
- NO prepayment penalty
- Closing costs of approximately $125 to $275
Rental Properties
- Borrow up to 75% of the appraised value of the property (less than four units), less the first mortgage balance. Maximum loan amount is $50,000 minimum amount is $10,000.
- Fixed rate for the life of the loan
- 10-year (120) repayment period
- NO prepayment penalty
- Closing costs of approximately $125 - $275
- click here for current rates -
Home Equity Lines of Credit (HELOC)
- Now you can access your HELOC with our special checks - simply write one as you would write a regular check, and the funds will advance the amount on your credit line. Minimum check amount is only $250
- Borrow up to 80% of the appraised value of the home, less the first mortgage balance
- Credit lines available up to $150,000
- Draw period of 10 years
- 15-year (180-month) repayment period recalculated monthly; 20-year (240-month) repayment period on limits of $75,000 or more
- Minimum amount of $250 per advance
- Variable Rate is based on the Prime Rate as published in the Wall Street Journal, and may change monthly. The rate changes the 1st of the month following the change in the Prime Rate. The change must occur at least 10 days before the end of the month
- NO prepayment penalty
- Closing costs of approximately $125 to $275













