Streamline Mortgage

What would you do without a mortgage payment? Go ahead, imagine what it would feel like to know that your home is…yours. It’s a good feeling isn’t it?

Now imagine that you can make it a reality in ten years or less, because with the WyHy Streamline mortgage it can be. WyHy’s Streamline mortgage is designed for folks who’ve earned their home’s equity and are ready to live life, mortgage-free.

With WyHy’s Streamline mortgage your rates are low, fixed and done within ten years or less. So if you’re ready to take one step closer to owning your home free and clear, WyHy is with you.

Streamline Mortgage Details:
  • Loan to Value: Up to 70%
  • Repayment Terms: Members have several options to choose from, based on their credit score and loan amount. Payments will remain the same thru the term of the loan. The term of the loan will not exceed 10 years
  • Interest Rate: Based on the current CU Members 15/10 year with 1% origination rate and loan-to-value
  • Closing Fee: One-time fee of $499 to cover recording, releasing, title and flood certificate. Appraisal fee may be required
  • Early Payoff Penalty: None
  • Late Fees: 5% of the payment or $25.00, whichever is greater after 10 days.
  • Interest: Monthly 360 day accrual
  • Monthly Payment: Payments may be made in person, through the mail, auto detection, payroll deduction, on-line banking or telephone teller
  • Statements: Monthly or Quarterly. Statements can be delivered via online Banking or through the mail. Members who elect E-Statements via online banking will be able to view their statements on the 1st day of each month
  • Other requirements: Flood insurance may be required by the Underwriter

Streamline mortgages are available to members who own property in the State of Wyoming and who are financing low dollar mortgages with substantial equity.