Mortgage Loans

Our Mortgage Lending department offers honest service, low rates, and flexible terms on a variety of loans to fit your budget and lifestyle. If you have an existing loan with another lender, talk to us about refinancing. We may be able to get you a better rate and help you save on your monthly payments. 

Submit your application online today and see how we can help you! If you have any questions before you get to the application process, do not hesitate to reach out. Our team stands ready to assist!

Back to top

Wymar FCU offers the following types of Purchase or Refinance Loans:

Conventional: Fixed Rate and Adjustable Rate Mortgages

5/1 ARM

• Up to 95% Loan to Value (LTV) with no Mortgage Insurance (MI)

• Lifetime Cap of 5% over Initial Rate

• Maximum Term Up to 30 Years

15-20-30: Year Home Loans

• Up to 95% Loan to Value (LTV)

• No MI (subject to creditworthiness or for qualified borrowers)

Second Mortgage Loans

• 15-Year Fixed

• No Balloon Payment

Investment Properties/Properties Outside of LA

Governmental Loans

• VA Loans

• FHA Loans

• USDA Rural Development Loans

You can finance a variety of property types, such as:

• Single Family Detached or Attached

• Townhomes

• Condominiums

• Mobile Homes

• Manufactured Homes

  • Land must be deeded to borrower with home

  • 15-Year Fixed Rate (unit age determines loan term)

Back to top

• 15-Year Fixed Rate

• Up to 100% Loan to Value (LTV) (subject to creditworthiness or for qualified borrowers)

Back to top

• 95% Cost of Construction

• Up to 12-Month Term (may extend draw period if needed)

• Interest-Only Payments

• If you want to self-build your home your way, we want to help you do it!

Back to top

Turn your to-do lists into checklists with a Home Equity Line of Credit!

A Home Equity Line of Credit (HELOC) is a line of credit where the collateral is the equity in your house. It is not a loan where you get a lump sum; you simply have access to this line of credit. In most cases, members most often open a home equity line of credit for financial flexibility, planning a major home improvement, or even as an investment. Wymar has made applying for a HELOC so easy, and it can all be done online.

Some extra benefits you get with a HELOC from us:

• 100% LTV available (subject to credit worthiness for qualified borrowers)

• NO closing costs*, NO appraisal fees, NO title fees, and NO annual fees!

• Since it’s not an interest-only loan, you can pay and REUSE!

• Easy access to make withdrawals, on YOUR time!

Back to top

Due to the constant fluctuation of mortgage interest rates, Wymar FCU does not provide home loan or home equity line of credit rates on our website. 

Current mortgage rate information can be obtained directly from a Wymar FCU Mortgage Department staff member. 

We look forward to hearing from you!

*APR: Annual Percentage Rate. Rates are subject to credit approval and may vary based on creditworthiness, loan terms, and other factors. Terms and conditions apply. Please contact us for more details.

Back to top