Why the detached house is a good choice?
The personal house, with a courtyard around, seems to be currently the biggest wish of those who want to leave the flat behind. This way of living has always been associated with a high standard of living, which comes with increased comfort, security, privacy, and the immense joy of having a green space around the house.
But if you don’t have enough money to buy one for you or for the whole family? Midwest Associates Federal Credit Union is here to help you in this matter. Apply online with us and get a home loan with several clicks. The maximum home loan amount and repayment term vary on your income, credit history, and employment proof.
Requirements:
- the applicant’s age is more than 18 years and not more than 60 years at the end of the loan payment;
- stable income, which can come from both salaries and independent sources, including life annuities;
- guarantors are accepted if they comply with the conditions imposed by our credit union (if your personal income is below that required);
- the construction loan involves a mortgage on another property, possibly owned by you, as a loan applicant, or a guarantor or on the land on which the property is to be built if any;
Depending on the amount of loan required, the value of the mortgaged property, or other details that may vary depending on various other indicators (FICO score, for example), we may require an advance to be invested in the land or construction costs.
If you want to find out more about home loans from Midwest Associates Federal Credit Union, contact us right now.