Mortgage Loans

CES Credit Union offers many different home loan options, up to 30 years, with several options for rates and terms. CES Credit Union lenders will be glad to meet and discuss the choices you have, and help you determine the best option to fit your needs and your situation. Call or stop in to your local office for more information.

Loans and terms are available for up to thirty years, and are at very competitive market rates. Options are available for owner-occupied residences including up to three additional units. Please contact Ben Menke, our Home Loan Specialist, for more details on these options.

Home Equity Loans

By using the equity in your home as collateral, you have a resource for home repairs, vacations, college expenses, debt consolidation, or most anything, and at the very low rate. (The rates may vary based on changes in the Prime interest rate, and on the applicants credit score, so please call or stop in to your local office for complete rate information.*)   With a line of credit, you only pay interest on the money drawn from your line, and the payments are based accordingly. One of our credit union home equity professionals can explain how a home equity loan works, and help with the math.

The interest paid on your home equity line of credit may also be tax-deductible (Consult your tax advisor to see if you are eligible for this benefit.)  The rate is variable, based on the Prime Interest Rate published in the Wall Street Journal as a basis. There are NO closing costs associated with this service, and there is a low $35 annual fee. Minimum draw amount is $500, and minimum loan amount is $5000. There are NO prepayment penalties if the line is open and active for at least 12 months. *

*For Ohio properties only, and some restrictions apply. This is not a commitment to lend. Equal Housing Lender. Closing costs and prepayment penalties are waived if the loan is open for at least 12 months. Terms and rates shown here are subject to change without notice.

EQUAL HOUSING OPPORTUNITY
We do Business in Accordance With the Fair Housing Act
(The Civil Rights Act of 1968, as amended by the Fair Housing Amendments Act of 1988)
IT IS ILLEGAL TO DISCRIMINATE AGAINST
ANY PERSON BECAUSE OF RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS (HAVING ONE OR MORE CHILDREN), OR NATIONAL ORIGIN
• In the sale or rental of housing or residential lots.
• In advertising the sale or rental of housing.
• In the financing of housing.
• In the appraisal of housing.
• In the provision of real estate brokerage services.
• Blockbusting is also illegal.
Anyone who feels he or she has been discriminated against should send a complaint to:
U.S. Department of Housing and Urban Development, Assistant Secretary for Fair Housing and Equal Opportunity, Washington, DC 20410