Mortgage Affordability Calculator
Mortgage Estimation Calculator
Home Buying 101
Buying a home involves some major decisions; it is a process that can be both exciting and a bit intimidating. This kind of decision comes with lots of planning. Here are a few steps to consider before hiring a realtor.
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What Mortgage Can I Afford?
Carefully selecting a mortgage that you know you can afford will help ensure that you can successfully pay for your new home. This Coach session will guide you through setting a goal monthly mortgage payment and finding how much house you can afford. It will also explain the main factors that affect mortgage costs.
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Mortgage Type Pro's & Con's
Not all mortgages are the same, and it's important to understand the benefits and disadvantages of each mortgage type before purchasing a home. This activity will explain each mortgage type individually and provide pros and cons for each one.
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The right time to buy a home is when you’ll be able to afford it and feel secure enough in your financial circumstances to be able to meet this new obligation.
This home-buying seminar walks you through all the steps of the loan process.
Home Loans
It’s one of the biggest purchases you’ll make in a lifetime. We're here to help you make the most of your money, alongside OUCU’s always competitive closing costs, low down payment programs, and expert guidance.
Future benefits of owning a home
If you’re a homeowner, home equity loans & lines of credit can be one of the best ways to borrow!
Home Equity Lines of Credit
A home equity line of credit is a revolving line taken out with your home’s equity (appraised value minus mortgage debt) as collateral. Tap into that equity and utilize it to make those home renovations you’ve been wanting to do or even take care of an unexpected expense that you weren’t prepared to pay.
Home Equity Loan
A home equity loan, often called a second mortgage, is a loan based on the value of your home and how much of your mortgage you still have to pay off. This could be the best way for you to borrow, enabling you to use your home’s equity for what you need and deserve.
Come see us! We’d love to support your financial goals
