Home Mortgage Loans

Whether it’s for your starter home or your dream home, a mortgage from VacationLand Federal Credit Union can make buying a breeze.

Our loan advisors live right here in northern Ohio, so decisions are made locally by people you know and trust, not in a distant corporate office. Get help from financing experts you trust and see how easy it can be to finance a new home.

Stop by any branch for a home mortgage loan in Huron, Norwalk, Sandusky or Vermilion or call us at 1-800-691-9299 to get started.

Membership is required. Not currently a member? Become a member and start enjoying exclusive benefits from a local network today!

Mortgage Loan Pre-Approval

Getting pre-approved for a mortgage loan has several benefits. It signals to realtors that you’re serious about buying a home. The pre-approval process also helps determine what you can comfortably spend on your monthly mortgage, so you only look at properties within your budget.

Other benefits of a pre-approved mortgage loan include:

• Increased bargaining and negotiating power: Sellers will be more likely to accept an offer from someone with a pre-approved mortgage loan because it speeds up the sales process and gives them confidence that the sale will go through.
• Faster closing period

Contact us to get started on your mortgage loan pre-approval today!

Types of Home Mortgage Loans We Offer

VLFCU offers a variety of mortgage loans to help you purchase a new home, refinance an existing mortgage and complete home improvements including:

• Conventional mortgage loan
• Second mortgage
• Veteran’s mortgage loan (VA loan)
• First-time homebuyer’s loan (FHA loan)
• USDA rural development loan
• Vacation home loan

Benefits of a Home Mortgage Loan with VLFCU

• Fixed and adjustable rates
• Flexible terms
• Competitive interest rates
• Low down payment options
• Low home mortgage loan application fee
• Discounted rates for shorter-term loans
• No early pay-off penalties
• Local mortgage specialists
• Payroll deduction payments are available
• Interest may be tax-deductible (consult your tax advisor)

Education on Home Mortgage Loans

There is a lot to understand regarding mortgages, and it can seem overwhelming. Our Financial Empowerment program on Owning a Home has the information you need to prepare yourself for the mortgage application and home-buying process, including:

• Mortgages costs and considerations
• Different types of mortgages
• Applying for a mortgage

Mortage Loan Interest