First Time Home Buyers
KECU is proud to offer multiple products that will make your dream of home ownership a reality.
Kentucky Housing Loans
Low Rates
Low down payments available
30 year fixed rate mortgage
For more information visit  www.kyhousing.org

FHA Loans
Low Rates
Low down payments available
30 year fixed rate mortgage

Home Equity Line of Credit
Once approved, with a home equity line of credit, you'll have access to your money any time you need it. Simply give us a call and we will issue a check against the equity in your home.
No closing costs.
Finance up to 100% of the appraised value of your home minus first mortgage balance.
Convenient access to funds.
Check writing ability.
Tax advantages possible. Please consult your tax advisor.
Minimum draw of $100.00.
Minimum Line $5000.00.

Contact Sid Dailey for more information or with your questions.

Adjustable Rate Mortgage (ARM)
Good for both real property and unimproved real property. All KECU adjustable rate mortgages are convertible to a fixed rate mortgage during the life of the loan.

• 1-Year ARM
  Rate subject to change annually on the anniversary date of the closing.
  Convertible to fixed rate mortgage during the life of the loan.
  Finance up to 95% on a refinance and 95% on new purchases of real property with a maximum term of 360 months.
  Finance up to 75% on unimproved property with a maximum term of 120 months.
  Tax advantages possible. Please consult your tax advisor.
  
  
• 3-Year ARM
  Rate fixed for initial 3 years and subject to change after the 3rd year on the anniversary date of the closing
  Convertible to fixed rate mortgage during the life of the loan .
  Finance up to 95% on a refinance and up to 95% on new purchases of real property with a maximum term of 360 months .
  Finance up to 75% on an unimproved property with a maximum term of 120 months.
  Tax advantages possible. Please consult your tax advisor.
  
  
• 5-Year ARM
  Rate fixed for initial 5 years and subject to change after the 5th year on the anniversary date of the closing.
  Convertible to fixed rate mortgage during the life of the loan .
  Finance up to 95% on a refinance and up to 95% on new purchases of real property with a maximum term of 360 months.
  Finance up to 75% on an unimproved property with a maximum term of 120 months.
  Tax advantages possible. Please consult your tax advisor.
  Contact Sid Dailey for more information or with your questions.