Second Mortgage Loans
Home is where the heart is – and the heartburn too if you’ve tried to obtain a bank loan just to end up feeling like you’re trapped in a revolving door. United Credit Union can help you make the most of your home.
Your house is a valuable investment, but it can also help you in time of need. Using your house as collateral can provide you with a loan to cover a variety of expenses.
One of the best ways to make use of a Second Mortgage is to apply it toward home improvements. Whether your home project is small, medium or large, we very likely have a loan to fit. Home Improvements can help you maintain your greatest asset, increase your castle’s value, save on energy costs (who doesn’t need that?!) and might just save you some tax dollars too. Our door is open and we’ll help you get on the right path, so come on in and talk with us.
Members also often use a second mortgage to purchase a new vehicle, make a down payment on another property and more. It’s up to you!
Definition of a second mortgage — a mortgage incurred after a first mortgage and having second claim against the security (example: your residence).