Whether you're buying your first home, building, purchasing land, or wanting to use the equity in your current home your Chessie mortgage team can help.
Key Features
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Competitive Rates
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Free Pre-Qualify
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Local Processing
Home Mortgage Details
- Competitive rates for home purchase, refinance, or construction
- Available for primary residence, second homes, vacation homes, or investment properties
- A wide range of terms customized to your unique situation
- Variety of financing programs available:
- Fixed-rate mortgages
- FHA Loans
- VA Loans
- Construction Loans
- Land Loans
- Helpful loan advisors with working knowledge of the Tri-State real estate market
- Free pre-approval for extra confidence when buying your home
- Refinance your current home to potentially lower your rate
- Quick, local decision-making and processing
- Attentive, friendly service from start to finish
USEFUL RESOURCES
For more information or to get started now, check out the following resources.
Or give us a call:
Phone: 1-800-437-1057
- Patty Kunis ext.1130
- Dave Pheasant ext.1124
HOME AND AUTO INSURANCE
Our partners at TruStage have also partnered with us to provide Chessie Members with exclusive home and auto insurance. Check it out here!
Home Equity Details
- Competitive fixed rates for many short-term or one-time needs
- The existing equity in your home is used as collateral backing
- Borrow up to 90% of your appraised value less your outstanding mortgage (if applicable)
- Receive the entire loan amount at closing
- We will pay up to $500.00 of your closing costs
- Repayment terms range from 5-15 years
- The interest paid might be tax deductible1
- Quick, local decision-making and processing
- Attentive, friendly service from start to finish
1 Consult a tax adviser regarding deductibility of interest.
Rate and Payment Details for Home Equity Loans.
Below are the details of the Rate and Payment that will apply over the term of the loan.
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Initial Interest Rate: On a Fixed rate Loan, it is the rate for the entire life of the loan.
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APR: Annual Percentage Rate that reflects the actual annual cost of a loan and includes the loan interest rate.
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Payments: Monthly Payments are for Principal and Interest only (no escrows) on a loan amount of $20,000.00 and estimated property value of $25,000.00
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Lender Credit: The lender pays $500.00 towards the closing cost on all home equity loans.
Home Equity Line of Credit
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And much more
- The existing equity in your home is used as collateral backing
- Borrow up to 80% of your appraised value less your outstanding mortgage (if applicable)
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use for up to 10 years thereafter
- Revolving credit — as principal is repaid, more becomes available for use
- No payment or any interest due until the credit line is used
- Easy access to your funds by writing a check
- We will pay up to $500 of your closing costs
- The interest paid might be tax deductible1
- Quick, local decision-making and processing
- Attentive, friendly service from people you trust
