Click here to go to Omaha FCU’s Mortgage Market Pages for First Mortgage Loan information.

 

HOME EQUITY (SECOND MORTGAGE) FIXED RATE LOANS  HOME

Omaha FCU provides fixed Rate Home Equity loans. Members who qualify may borrow up to 90% of the equity in his/her home (based on appraisal or tax value), with repayment terms up to 12 years.  Apply here.  This loan has associated appraisal (or copy of the tax assessed value), flood zone determination, credit report, title insurance (or title search), and filing fees.  To calculate your monthly payment click here.

CA$H-LINE HOME EQUITY LINE OF CREDIT (HELOC)

The HELOC allows the Member to borrow against his/her home’s accumulated equity without disturbing his/her savings or other investments. Omaha FCU will loan 90% of the appraised value or tax value including all liens.  Apply here.  HELOC has a low variable interest rate and there are no loan-advance fees, annual fees or points. The Member can make advances ($5,000 initial minimum, $1,000 thereafter) at his/her asking. This loan has associated appraisal (or a copy of the tax assessed value), flood zone determination, credit report, title insurance (or title search), and filing fees.

You can apply for either Omaha FCU’s Second Mortgage or Home Equity Loan by using our convenient online on-line Loan Application, stopping by one of our offices or by calling (402) 399-9001.

Note: Omaha FCU finances single-family units only. The property must be within a 100 mile radius of the Credit Union.

All terms subject to change without prior notice. Interest paid on Real Estate Loans may be tax deductible. Consult your tax advisor on deductibility.

For more information please dial (402) 399-9001, toll-free 1-800-660-7350.

Fair Housing Act Disclosure

Click on this Home Equity Early Disclosure link for important information.                    EQUAL

HOME MORTAGE DISCLOSURE ACT NOTICE

The HMDA data about our residential mortgage lending is available for review. The data shows geographic distribution of loans and applications; race, gender, and income of applicants and borrowers; and information about loan approvals and denials. Inquire at the Omaha FCU office regarding the locations where HMDA data may be inspected. To receive a copy send a written request to:

Omaha Federal Credit Union
Attn: Chris Byous
3001 S 82nd Ave
Omaha NE  68124