There's no place like home
Whether you’re looking to purchase your first home, your next home, a vacation home or an investment property, real estate loans can be confusing. There’s so much to consider: fees, inspections, points, appraisals, insurance requirements and more.
To help you make healthy decisions, HealthCare Associates is with you every step of the way to make the process as easy as possible.
A HealthCare Associates Credit Union mortgage professional will be happy to meet with you to analyze your current situation, discuss your needs, and determine how we can best serve you.
Are you in the Home Stretch?
Home Stretch Mortgage for Refinancing
You could be so close to paying off your mortgage! That's why we call this product the Home Stretch Mortgage - You have been paying your current mortgage down and have equity in your home, and you can see the daylight at the end of the tunnel – that’s when a Home Stretch Mortgage might be exactly what you need to get to the finish line.
- Loan amounts from $25,000 to $500,000
- Pay off your home in 5, 7, 10 or 15 years
- Pay less interest
- Pay no closing costs
- FREE application
- Receive up to 70% Loan-To-Value
- No escrow
- Available members residing in IL, IN and MO
Home Mortgages for Purchase or Refinance
Mortgage pre-approval helps take the stress out of home buying. Members learn exactly what they can afford before shopping for a new home and gain leverage during the offer and negotiation stages.
Types of Loans
- 30 Year Fixed Rate Mortgage
- 15 Year Fixed Rate Mortgage
- Hybrid ARM (5/1 ARM, 7/1 ARM, 10/1 ARM)
- Adjustable Rate Mortgages (ARM)
Get a free consultation to learn more about what type of loan best suits your needs.
Golden Reverse Mortgage
Similar to the FHA Reverse Mortgage, a Golden Reverse Mortgage from HealthCare Associates allows you to supplement your income using the equity that exists in your home. This is perfect for homeowners looking toward retirement who need additional income to enjoy that time of their life.
- Applicants must be 62 years old or older
- No monthly mortgage payments
- Fees payable from proceeds of the transaction
- Product available only in Illinois
REQUEST INFO or call 800.942.0158 and speak with a Loan Representative.
*Loan approval is subject to credit approval and program guidelines. Available on single family, owner-occupied residences only. 80% Loan-to-Value or lower. Terms and conditions may apply. APR=Annual Percentage Rate. Payment includes principal and interest only, your payment will be higher. Interest Rates are subject to change without notice.
*Promotions are not available on loans currently financed through HACU, and does not include VA or FHA loans. Loan approval is subject to credit approval and program guidelines. Available on single family, owner occupied residences only. 85% Loan-to-Value or lower. Terms and conditions may apply. APR=Annual Percentage Rate. Rate example is based on home value of $400,000, with a loan amount of $300,000 and a credit score of 740. Estimated monthly payments on a 30 Year (360 month) Fixed Rate loan at 4.125% APR* = $1,453.95 per month. Estimated monthly payments on a 20 Year (240 month) Fixed Rate loan at 3.875% APR* = $1,798.24 per month. Estimated monthly payments on a 15 Year (180 month) Fixed Rate loan at 3.375% APR* = $2,126.28 per month. Payment includes principal and interest only, your payment will be higher. Interest Rates are subject to change without notice.