UNION FEDERAL SAVINGS AND LOAN ASSOCIATION - SINCE 1890 - where People are important
 
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Loan Products

There is no such thing as "one size fits all" when it comes to finding the right mortgage loan for you. At Union Federal, mortgage lending is our business and we have a knowledgeable and friendly staff that will assist you in selecting the best "fit" for your needs. We offer fixed and variable rate loans at competitive rates and terms. Additionally, our loans are serviced locally. Contact us today. We look forward to serving you.

Buying a Home

Whether you are buying your first home or you are a seasoned home owner, Union Federal offers the right mortgage loan for your new home. Free pre-approvals, competitive rates, and flexible terms including 95% financing with PMI will help you shop with confidence.

Building a Home

A Union Federal construction loan can help you build your new home. Enjoy excellent customer service along with a construction loan with features designed to meet your individual needs - like a one-time construction/permanent loan with a single closing.

Refinancing your Home

Refinancing may help you lower your rate and payment, shorten your loan term, make improvements to your home, or provide additional cash for a variety of purposes. Union Federal offers low rates and fees on an array of fixed and variable rate loans, along with a staff that is available to discuss all of your options.

Home Equity

If you are looking to add on, make improvements, or provide extra cash, then our home equity loan with a fixed rate and fixed term is an excellent financing choice.

Investment Property

If you already own investment property or are looking to purchase investment property for the first time give us a call. We specialize in residential real estate lending and welcome the opportunity to discuss financing options with you.

Savings Account Loans

Since there are times when it is not cost effective to withdraw money from a Certificate of Deposit (CD) account before maturity, we offer Savings Account Loans to bridge the gap between the time a customer may need the money and the maturity of the CD.

Rather than take a penalty on a CD, the customer may on certain accounts, opt to take a loan out using the CD as collateral. The rate for loans against CDs will follow the rules listed below.

The greater of:

The current rate being paid on the instrument pledged + an additional 2%

The current rate being paid on the 6 month Money Market CD + an additional 2%

The current rate being paid on the 30 month CD + an additional 2%

All accounts may not be eligible for Savings Account Loans, please contact your nearest Union Federal office for rate and loan information on a specific account.