Home Loans
We can help secure loans for your first home, second home, or vacation getaway. From condos to multi-family homes, we make it easy and put your financial interests first.
Home Mortgages
Your Path to Homeownership and Financial Freedom Starts Here
We are here to help make your dream home a reality. We offer single-family, multi-family, condo, and townhouse loans.
Benefits of an AHCU Mortgage
- Competitive rates
- 1st Time Homebuyer Program
- Flexibility — Available for primary residence, second homes, vacation properties and multi-family homes
- Free pre-approval
- Quick decision-making and processing
- Knowledge about the local real estate market
- Attentive, friendly service from start to finish
- Experience — We have been providing loans for over 50 years!
NMLS#: 808383
Multiple Financing Programs
We can help you find the financing program that best suits your needs. Your AHCU Mortgage options include:
- 1st Time Homebuyer Program
- Fixed-rate mortgages
- Adjustable rate mortgages (ARMs)
- Conventional Loans
- Jumbo Loans
- USDA Loans
- FHA Loans
- VA Loans
- Construction Loans
NMLS#: 808383
Servion Realty
Buying, Selling, or Refinancing... Servion Realty Can Help!
We've partnered with Servion Companies to bring you realty, mortgage, and title services — all in one location in the Twin Cities. That means you can find a home, arrange for the mortgage, and close on your home all at the same place. And refinancing your existing home is just as easy and timesaving as purchasing a new one.
Full service. Buying and selling. That's Servion Realty.
For your free market analysis or to consult with a Realtor® about purchasing a home, call (651) 787-9555 or click the link below.
TruStage Home Insurance
As a member of Associated Healthcare Credit Union, you could enjoy discounted rates combined with online convenience and 24/7 claims service.
Contact the Liberty Mutual direct response center by telephone at 1.888.380.9287 or by using the button below.
TruStage Auto and Home Insurance program is offered by TruStage Insurance Agency, LLC and issued by leading insurance companies. Discounts are not available in all states and discounts vary by state. The insurance offered is not a deposit and is not federally insured. This coverage is not sold or guaranteed by your credit union. MAH-1112-7C9E
We suggest you start your home buying experience by scheduling an appointment to meet with a lender at AHCU. Our home loan experts can help you find the best mortgage product and the best rate. Members love our caring, personal, and local service.
Home Equity Loans
A Home Equity loan is very versatile. You can use the funds from a Home Equity loan to pay for: Home Improvement, Tuition, Debt Consolidation, Vacation or Travel, Wedding Costs, and more. The choice is yours!
Benefits to AHCU Home Equity Loans
- Education expenses
- Major life events
- Home remodel projects
- Debt consolidation
- And much more
The existing equity in your home is used as collateral backing. There is no prepayment penalty, and interest paid might be tax deductible*.
You can opt to receive funds in one lump sum, or apply for a Home Equity Line of Credit (HELOC) loan.
*Consult a tax advisor.
Pay Off Credit Card Debt
| Credit Card | Home Equity Loan | |
|---|---|---|
| Balance | $15,000 | $15,000 |
| APR* | 27.79%** | 6.90%*** |
| Years to Pay Off | 5 | 5 |
| Monthly Payment | $465.14 | $296.31 |
| Interest Paid | $12,908.33 | $2,715.11 |
* APR is Annual Percentage Rate
** Average national credit card rate according to Forbes Advisor’s weekly credit card rates report, Jan. 15, 2024
*** As low as 6.90% APR
Home Equity Rates
Home Equity Line of Credit Loans1
| Terms | APR* |
|---|---|
| Up to 80% LTV | 7.75% (Prime plus 0.25%) |
| 81-100% LTV | 9.25% (Prime plus 1.75%) |
1Variable rate based on Prime as published in WSJ. (Min 3.50% and will not exceed a cap of 12%)
Fixed Rate Home Equity Loans
| Term | Type | APR* |
|---|---|---|
| 5 year (Up to 15-year available) | Up to 80% LTV** | 6.40% |
| 5 year (Up to 15-year available) | 81%-100% LTV** | 7.75% |
First Position Home Equity Loans
| Term | Type | Amount |
|---|---|---|
| Up to 10 Years | Up to 75% LTV** | $10,000 - $250,000 |
*APR = Annual Percentage Rate.
** LTV is the loan to value ratio and factor determines daily periodic rate for loans.
Home Equity Rates
FIXED RATE LOANS**
| Up to 80% LTV |
|---|
| 5 Years - As low as 6.40% APR* |
| 10 Years - As low as 6.75% APR* |
| 15 Years - As low as 7.00% APR* |
| 81-100% LTV (appraisal required) |
|---|
| 5 Years - As low as 7.75% APR* |
| 10 Years - As low as 8.00% APR* |
| 15 Years - As low as 8.50% APR* |
LINE OF CREDIT**1
| Up to 80% LTV |
|---|
| Up to 15 years; Min $10,000 - Max $250,000; 7.75% APR* (Prime plus 0.25%) |
| 81-100% LTV |
|---|
| Up to 15 years; Min $10,000 - Max $250,000; 9.25% APR* (Prime plus 1.75%) |
FIRST MORTGAGE HOME EQUITY**
| Up to 80% LTV |
|---|
| Min $10,000 - Max $250,000 |
| At the time of application, the interest rate will be quoted from Servion 10 Yr fixed rate with a floor limit of 3% |
*APR = Annual Percentage Rate.
** Closing costs may vary dependent on the loan amount and individual terms of the Home Equity Loan. Larger amounts are available to qualified borrowers.
1 Variable rates are based on prime as published in the Wall Street Journal. Rates are subject to change monthly with a floor of 4% and will not exceed a cap of 12%.
If You Are Already a Member
Current members can simply log into online banking, click (+) add account and then choose the Home Equity loan option you need.
On-Demand Home Buying Education, for FREE
- Budgeting to purchase a home
- The home buying process
- Home inspections
- Closing costs
- How your credit score impacts your ability to purchase a home
- And much more
Best of all, these resources are all absolutely free to AHCU members.
