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Mortgages

Your New Home is only a few steps away!

We have partnered with AnyHour Mortgage to offer you mortgage options.  You can look to us for trusted advice and exceptional service.

How Do I Get Started?

Click here to start the process.

You will need to provide the following documents through this process:

  • Valid Photo Identification
  • Social Security Card
  • Tax Returns - two most recent years
  • W2's - two most recent years
  • Paystub- two most recent pay cycles
  • Bank Statements- two most recent months

CBI Federal Credit Union is honored to help you every step of the way to make the process as easy as possible.  Plus, we will treat you like family!

Are you looking to purchase a home in Illinois, Texas, New Jersey or elsewhere, this is an exciting time!  But learning what's on the market can be an exhausting process since there are all kinds of homes and all kinds of home buyers.  So, it only makes sense that CBI FCU offers a variety of mortgage options. Whether you're buying your first home, need a bigger house for a growing family or are just looking to save money on a solid fixed-rate loan, we offer the advantages of low rates, low closing costs and a quick pre-qualification process.

The Benefits of choosing CBI FCU for your next mortgage include:

  • NO Application Fee
  • Competitive Interest Rates
  • Guidance in choosing the loan that fits your needs

Let's Talk Financing!

Fixed-Rate Mortgages, Lock in your principal payment and interest rate.

Fixed-rate home loans are the most common type of mortgage. With fixed-rate home loans, you'll maintain the same payment and interest rate throughout the life of the loan. That means you’ll never worry about rising interest rates or a changing economy when it comes to your home loan.

It’s perfect if you plan on staying in your home for at least five or ten years.  It’s the ideal loan for people who don’t like surprises and makes it easy to plan family finances over the long haul.

  • Choice of loan lengths: 10, 15, 20 or 30 years
  • Borrow up to $650,000
  • Refinance your existing loan to save on interest charges or reduce monthly payments.
  • Refinance your existing loan to take out equity for Home Improvements
  • Financing available in 48 states

Adjustable-Rate Mortgages, A little flexibility can offer a lower initial interest rate than most fixed rate loans.  The trade-off is that the interest rate can change periodically and the monthly payment may go up or down accordingly. 

  • 5/1, 7/1, and 10/1 ARM
  • Borrow up to $650,000
  • Refinance your existing loan to save on interest charges or reduce monthly payments
  • Refinance your existing loan to take out equity for Home Improvement
  • Financing available in 48 states

We value our members who trust CBI Federal Credit Union for their home financing.