• Conventional
• Jumbo
• Portfolio
• Sub Prime

To provide you with efficient service we have developed the resources necessary to meet your needs and enhance the loan origination experience.

What are the benefits of using your Credit Union?
Obtaining your home loan through your credit union as a direct lender allows you to avoid the cost associated with middlemen or brokers – who ultimately get paid by you. We have a wide range of loan programs that are priced very competitively because we close large volumes. We offer loans to homeowners with excellent to weak credit that most small lenders and brokers simply don't provide.

How do I know which mortgage loan is right for me?
That's what the personal service is all about...helping you make the best loan choice for your specific needs. Our Loan Consultants are experienced, knowledgeable professionals that can offer a wide range of home loan programs. Each consultant considers the specific financial goals of the customer and can explain the advantages of appropriate loan programs.

What if my credit is less than perfect?
We have specialized programs for helping homeowners whose credit has been impaired in the past. If you have had a bankruptcy, late payments or other credit problems, we are here to assist you in obtaining the right loan and repairing your credit standing.

What is equity?
Equity is the difference between the amount a home would sell for and the amount still owed on the mortgage. This important difference represents the homeowner's financial interest in the property. By borrowing against the equity with a home loan, the homeowner has a substantial financial advantage to use for virtually any purpose...from debt consolidation to major purchases to home improvements. And, as a mortgage based loan, the interest on a home loan may also be tax deductible. Consult your tax advisor to see whether this advantage applies to you!

What is the difference between a fixed rate and adjustable rate mortgage?
A fixed rate mortgage provides a rate of interest that remains the same for the life of the loan. An adjustable (or variable) rate mortgage (ARM) has an interest rate that adjusts periodically on the basis of changes in a specified financial index. Typically, adjustable rate mortgages start out at somewhat lower rates than do fixed rate mortgages. They can fluctuate up, raising the monthly payment, or down, lowering the monthly payment, depending on the activity of the index to which they are tied. Your assigned Loan Consultant can discuss the advantages of both types of mortgages to help you decide which may be best for you.
Does it make sense to refinance again if I recently obtained a mortgage loan?
It very well might! Given today's favorable interest rates, a lower rate than you're currently paying may be available, representing substantial savings every month. By consolidating your existing first and second mortgages...as well as outstanding credit card balances and other debt into a single mortgage loan payment, you might also be able to save a considerable amount. You can also benefit from the convenience of one single monthly payment. Your assigned Loan Consultant can help you determine if this option works to your best advantage!

How much can I afford in mortgage payments?
How much you can afford depends entirely on your specific personal financial situation. Your assigned Loan Consultant can help you find out exactly what that amount may be. For a quick estimate, use the Loan Calculator you'll find conveniently located on our website.

What is an APR?
These three letters stand for Annual Percentage Rate...which is the total cost on a yearly basis in interest as a percentage of the loan amount. This figure includes such items as the base interest rate, primary mortgage insurance and the loan origination fee (points). For more information see our APR Information page.

How much help should I expect from my assigned Loan Consultant?
Expect all the help you need. That's what our Loan Consultants are here for! Our commitment is to provide top quality service. Our Loan Consultants have a full range of loan programs to offer and the very latest technology to expedite the loan process. They will listen to your needs and make sure they understand you completely, then discuss your options and make sure you thoroughly understand them. From application through funding, we make the loan process as simple and convenient as possible...for you!

How much equity do I need to refinance?
We can show you options that offer debt consolidation up to 100% of the value of your home. Additionally, we offer home improvement loans without any equity requirements.

How quickly will my loan close?
We make borrowing as simple and convenient as possible for you. With our streamlined operations, advanced technology, and emphasis on personal service, funds can be available in as few as five (5) days from the time we receive your signed and completed loan documents.

What is the minimum down payment required for a home loan?
We offer home loans with down payments as low as 2.25%. That would be a $2,250 down payment for a $100,000 purchase price.

How do I get started?
It couldn't be easier. Just give us a call, or submit the form shown in the Apply Now! section of our website.

What about security?
Security is a very high priority. For more information please read About Our Security.

What about my privacy?
We do not share your data with any other non affiliated companies. Please see our Privacy Statement for more details.

What if I have other questions?
Please call Vince Otsuka at vince@kalanet.com or call (808) 539-0195.