Products loanproducts


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.

Building your Credit

The road to financial responsibility and financial health starts here!

Our Credit Builder Loans are just the ticket for anyone who:

  • Needs to establish credit.
  • Has had little or no previous credit.
  • Has a stable job.
  • Has a good phone/utility/rent payment record.

A Credit Builder Loan from Union Federal is:

  • Available in loan amounts of $1,000 to $4,000.
  • Secured with the loan proceeds that remain invested in a certificate of deposit.

Let us help you take charge of your financial reputation!  We accept Credit Builder Loan applications from anyone living in the markets served by Union Federal.  Call or come in today to discuss the details with our friendly courteous staff.  Union Federal checking account required.

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. 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.