Mortgage Retirement Loan
Ready to retire? Need to be out debt in five years? Our Mortgage Retirement loan provides funding so you can be out of debt in five years by using the current equity in your home as collateral. Most financial institutions will not write a first mortgage for just 5 years. And if they do, the costs are typically prohibitive. Campus Federal offers this unique loan option for our retiring members in mind, with closing costs that are similar to traditional home equity loans. We want you to have options.Campus Federal offers:
- Minimum loan amount is $15,000
- Maximum loan amount is $500,000
- Pay by payroll deduction, share/share draft transfer, or coupon
- No prepayment penalty
Get Started Today
Apply now or, just give one of our representatives a call to get started. They're here to help make your lending experience an enjoyable one. Call 888.769.8841 today.