Share

Conventional Mortgages

When you're ready to buy a home, or if you're looking to refinance your current mortgage from elsewhere — WyHy is with you from application, to closing and beyond.

WyHy partners with CU Members Mortgage to offer our Members a wide variety of mortgage options. Members are able to finance the purchase of their new home — or refinance their existing loan — all at competitive rates and great member service.

  • Conventional, VA, FHA and USDA home loan options
  • Loan to Value (LTV): Up to 100%
  • 10, 15, 20 and 30 year terms
  • Secondary market mortgages are available for homes in all 50 states
  • One-time close options for construction loans (construction loan and the mortgage are closed at the same time to reduce costs)
  • Financing is available for rental property as well
  • Flexible repayment terms
  • Interest Rates: Current secondary market rate
  • Processing Fees: Fees will vary and are based on loan amount and loan to value. Fees may include, but are not limited to: origination fee, appraisal fee, processing fee, recording fee and title insurance
  • Early Payoff Penalty: None
  • Late Fees: 5% of the payment, after 15 days late
  • Interest: Monthly 360 day accrual
  • Monthly Payments: Payments can be mailed, made online or processed through auto-deduction
  • Statements: Mortgage account can be viewed by accessing the Colonials Savings' (a division of CU Members Mortgage) website at http://www.ServiceHomeLoan.com
  • Interest Savers Payment Plan allows you to make bi-weekly payments instead of monthly payments resulting in the equivalent of making 13 monthly payments in 12 months. This reduces a 30 year mortgage by around 7 years!
  • Or look to pay your home loan off sooner with WyHy's Streamline Mortgage
  • Easy online access to make payments, check your balance and more
  • Preferred Realtors and Realtor Rebate Programs available
  • We also offer Reverse Mortgages, and Home Equity & Lines of Credit

Contact us directly or visit CU Members Mortgage to learn more or to apply today!

Housing Counselor Tool - The Consumer Financial Protection Bureau has a tool to help consumers access advice on buying a home, renting, defaults, foreclosures, and credit issues through local housing counselors. The housing counselor locator:

  • Shows consumers the 10 closest U.S. Department of Housing and Urban Development-approved counselors in their zip code
  • Tells consumers which services a given counselor provides, such as rental housing counseling, pre-purchase counseling, or default resolution counseling
  • Lists the languages offered by each counselor

Click here to find a housing counselor.