First and Second Mortgages

With years of experience in providing mortgages for families in our community, we have excellent options for just about any mortgage need. All of your Credit Union's mortgage products have very competitive rates and term options to fit your life-style and financial needs.

	Conventional 1st Mortgages – A variety of fixed, adjustable and balloon payment options
	WCDA– A program designed to help Wyoming's first-time home buyers by providing below market interest rates
	FHA– Low down payments, credit issue solutions, and gift monies can be used for down payments and closing costs (currently unavailable)
	VA– Mortgage programs for qualifying active duty military and veterans
	Purchases of Real Estate/Vacant Land   - Maximum loan amount up to 80% of appraised value, with 20% down.  Terms of 10 or 12 years available. Rates based upon Credit history.
	Consolidations - Combine your high interest debt into one payment using your equity in your home or real estate
	Re-financing - Re-structure your payments to fit your income and personal financial situation
	Non-conforming– Unusual credit or employment history considered
	Second Mortgages - Just like the name implies, it's a fixed-rate second loan on the equity value of your home
	ARM's - Adjustable Rate Mortgages. After a specified fixed period, rates are adjusted annually based upon the current market.  Good for those who don't plan on living in a home for more than  a few years.

Before you Buy....

Our Mortgage Professionals will guide your through the mortgage process, and help you explore many available options. They can recommend a plan to fit your borrowing needs and income, and answer questions you may have along the way.  Make an appointment to visit with our mortgage loan professionals early in your search for a home, and pick up an application package. Here is a list of information that will need to accompany your application:

	Completed loan application. (signed, dated & all account numbers and addresses included)
	Signed certification and authorization. (provided in application packet)
	Copies of last two years federal tax returns with W2’s. (with original signatures)
	If WCDA, copies of last three years federal tax returns with W2’s. (with original signatures)
	Copies of most recent bank statements.
	Copies of most recent investment account statement. (Mutual funds, stock certificates, CD’s, IRA’s, etc.)
	Copies of pay stubs covering the last 30 day period.
	Copy of homeowners insurance showing company, agent’s name, phone number and policy number.
	If self employed, and the business is a partnership, LLC or corporation we will need copies of the last two years federal tax returns for the business including all applicable schedules.
	If self employed, it may be necessary to provide a year to date profit and loss statement, that must be prepared by an accountant
	If the transaction is a purchase, an original signed and dated purchase offer will is required.
	Please provide additional information that you feel would be helpful in the processing of your loan with your loan application.
	IF APPLICABLE, bankruptcy papers and discharge forms.
	IF APPLICABLE, divorce decree and property settlement statement.