Loans
 
 
 
 
 

Home & Land Loans

First Mortgage
Conservation Employees Credit Union offers both fixed-rate and adjustable-rate mortgages. All mortgage loans originate through the credit union, and funding and closing services for the fixed-rate loans are provided through PHH Mortgage. Read on to learn which option is right for you!

Fixed-Rate Mortgage
These loans feature competitive rates and low closing costs, plus payments from your CECU account can be automated. Available for homes nationwide, our fixed-rate mortgages are even available for secondary residences. All of the details will be worked out through the credit union, so you’ll be working with the staff you know and trust.)

Adjustable-Rate Mortgage
Available for Missouri homes only, this option allows members to capitalize on low rates and great credit union service. All financing is adjustable for the life of the loan, but rates will only go up or down by two percent during each adjustment period of five years. Members may borrow up to 80% of the home’s value for terms as long as 30 years.

For full details on rates and eligibility for either of these programs, contact a CECU Loan Officer at (573) 522-4000 or toll free at (888) 897-2323.

To complete a home loan application, click on the links below.
Both forms must be completed in order to apply.
Uniform Residential Loan Application
Borrowers Signature Authorization

Home/Land Equity Loans
Available for homes and property located in Missouri, these adjustable-rate loans allow members to access the equity built up in their homes and land. Interest is based upon prime rate and adjustments are made every five years, with a maximum adjustment of 2%. These loans may be first or second mortgages, with single or multiple advances over a 10-year draw period. Members may borrow up to 90% of the assessed or appraised value less their existing mortgage for terms up to 20 years. The credit union will even pay $350 of closing costs on lines of credit $15,000 or greater.

For rates, full information and eligibility details, contact a CECU Loan Officer at (573) 522-4000 or toll free at (888) 897-2323.

Unimproved Land Loans
Eligible land is defined as real estate land located in Missouri, of which the appraised value can include improvements on the property at the time of the loan. These adjustable-rate loans are applicable as a first mortgage only, and will be extended for up to 80% of the appraised land value. With terms up to 30 years, these loans allow members to purchase the property they need at a low rate.

For rates, full details and eligibility information, contact a CECU Loan Officer at (573) 522-4000 or toll free at (888) 897- 2323.

To complete a home loan application, click on the links below.
Both forms must be completed in order to apply.
Uniform Residential Loan Application
Borrowers Signature Authorization

 

2901 W. Truman Blvd.
Jefferson City, MO 65109

Mailing address:
P.O. Box 180
Jefferson City, MO 65102

(573) 522-4000
Toll Free: (888) 897-2323
Fax: (573) 526-4715

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