LH-2011 Products for Life

Transcription

1 LH-2011 Prodcts for Life

2 prchase Qick 14 insrance There s nothing like the feeling of bying yor own home. Yo finally have yor own space, and yor money is going toward something that one day will be yors 1 and most likely it will appreciate in vale over the years! Owning a home is also a big responsibility. That s why it s important that yo get the best rates and terms. This is where Montain America can help. Whether yo re prchasing, refinancing, tapping into yor home s eqity or considering a mortgage, we have the experience and expertise to handle all yor mortgage needs.

3 prchase Qick insrance home prchase the key to bying yor own home 2Montain America Credit Union Bying a home is the largest prchase most people ever make. That s why it s important to take all the right steps to ensre that yo get the best home and the best mortgage. From origination to closing, Montain America is knowledgeable and dedicated staff can gide yo throgh every phase of the mortgage lending process so yo end p feeling good abot yor investment. 3

4 prchase Qick insrance 100% FIRST-TIME HOME BUYER LOAN CONFORMING LOANS ONE-TIME CLOSE CONSTRUCTION LOAN LOT LOAN 4 Montain America Credit Union Montain America has the exclsive 100% First-Time Home Byer Loan that allows byers to prchase their first home with as little as $1,000 down. FHA LOAN PROGRAM The FHA (Federal Hosing Administration) Loan Program gives borrowers the ability to prchase a home with as little as 3.5% down. It offers competitive rates and expanded qalifying gidelines for those with less-than-perfect credit. With low rates and some of the best terms, Montain America s Conventional Loan prodcts give yo a variety of affordable options, inclding Fixed Rate, Adjstable Rate and Balloon Mortgages. UTAH HOUSING LOAN First-time home byers can pt down little to no money toward the prchase of a home with a Utah Hosing Loan. Looking to bild yor home? Montain America offers a One-Time Constrction Loan so yo can bild yor dream home withot paying mltiple or high closing fees. VA LOAN For veterans or those on active dty (some reservists may qalify), VA (Veterans Administration) Loan programs are available. There is no monthly mortgage insrance, and yo can finance p to 100% of yor prchase. If yo ve fond the perfect real estate lot for yor dream home bt yo re not ready to break grond, a Lot Loan is perfect for yo. Or Lot Loan can help yo finance the prchase of a residential lot or land sitable for constrction of yor new home. JUMBO LOAN Finance a loan amont above the indstry standard definition of conventional conforming loan limits with a Jmbo Loan from Montain America. 5 Come one step closer to owning yor own home. Prchase yor new home with a mortgage loan from Montain America. Contact s today at or go to or website,

5 prchase Qick insrance 6Montain America Credit Union 7 know before yo by Besides yor down payment, there are several other that yo may need to bdget for when bying a home. Additional can average over $3,000.* Yo can make sre yo re not caght off gard by knowing a bit abot common expenses Closing Bilding inspection Appraisal Mortgage insrance Ftre, sch as property taxes Yor real estate agent and mortgage loan specialist shold be able to help yo learn more abot these. *According to federalreserve.gov

6 prchase Qick insrance take control of yor mortgage 8Montain America Credit Union Homeowners choose to for a wide variety of reasons. Some of the most poplar ones are to: Obtain a lower interest rate redce monthly payments. Bild eqity faster with a shorter term and pay off the loan earlier; owning a home can be one of the safest and most profitable Refinancing yor mortgage loan isn t a one-size-fits-all sitation. The terms and rates yo choose depend on how long yo plan to live in the hose, how mch yo re able and willing to pay each month, whether or not there are prepayment penalties on yor crrent mortgage, the difference in borrowing and yor potential 9 investments yo can make. tax savings. That s why it s impor- Change loan type switch from an adjstable rate mortgage (ARM) to a fixed rate or vice versa to ensre yo have the lowest monthly payment possible. tant to talk to a Montain America mortgage loan specialist. We ll make sre yo get the mortgage that best fits yor lifestyle and yor bdget. Take advantage of an improved credit rating lower yo interest rate and lower yor monthly payments. Tap into yor home eqity cashing ot to pay for yor children s edcation, home improvements, debt consolidation or other needs. Refinance yor mortgage by contacting Montain America today at or go to or website,

7 prchase Qick insrance 10 mortgage boost yor borrowing power 11 Montain America Credit Union Using yor home s eqity to secre a loan is one of the most powerfl ways to borrow. Yor home s eqity can finance big-ticket expenses and is ideal for projects both large and small. Yo can se the money to: Mini Mortgage Lower yor rate and pay off yor mortgage faster. Montain America s Mini Mortgage is an easy way to and take a load off yor mind. Make home improvements. 7-, 10- and 12-year fixed- Consolidate debt. rate terms By a new vehicle. No fees or closing Pay for edcation. And more. Interest-Only Home Eqity Line of Credit Keep yor monthly payments affordable with Montain America s Interest-Only Home Eqity Line of Credit.

8 prchase Qick insrance nlock yor home s eqity & trn it into cash 12 Reverse Mortgages are similar to a traditional eqity line, bt yo get the money withot making a Renovate for handicap access. Pay off debts or taxes. 13 Montain America Credit Union Imagine a mortgage that only reqires one signatre and a few mintes to close. Sonds like a dream, doesn t it? Well, at Montain America it s now a reality. Or new Qick service combines or already-low rates and excellent service with some of the fastest closings in the indstry. Yo ll be ot of the closing office and into yor new home a whole lot faster! Benefits of Qick Fast sign once instead of dozens of times. Convenient review closing docments at yor pace, in the comfort of yor own home. Green no more piles of papers; everything is saved on a flash drive. Move into yor new home sooner. monthly payment. They also give yo financial secrity to spplement Social Secrity, meet nexpected medical expenses, make home improvements and more. There are no credit or income qalifications. The only reqirements are that yo have eqity in yor home, yo are at least 62 years old and yo live in the hose. There s virtally no limit to what yo can do with yor Montain America Reverse Mortgage: Finance yor grandchildren s edcation, or even yor own. Pay off an existing mortgage. Make car repairs or prchase a new car. Anything yo want. Yo can also receive the money in any nmber of ways A lmp sm Reglar monthly payments Ask for Qick with yor Montain America mortgage. Travel or take a dream vacation. By a boat, RV or smmer home. Make home repairs and A line of credit A combination of the three options renovations. Get top qality, long-term healthcare.

9 prchase Qick insrance 14 Montain America Credit Union insrance protect yor home and yor family Once yo by yor own home, yo ll want to make sre it, yor possessions and yor family are covered from nexpected loss. Homeowners insrance provides financial protection against disasters. A standard policy covers both damage to yor property and yor liability or legal responsibility for any injries and property damage yo or members of yor family case to other people. This incldes damage cased by hosehold pets. Damage cased by most disasters is covered bt there are exceptions. Yo mst by separate policies for flood and earthqake coverage. Maintenance-related problems are also yor responsibility. Steps to bying a insrance policy: q Determine how mch it wold cost to replace the contents in yor home. w Make an inventory and take photographs of yor personal possessions. e Sit down with a Montain America Insrance Services representative. r Choose the policies that fit yor sitation. 15

10 Or insrance coverage doesn t end at insrance. We offer a fll range of policies, inclding: 16 Ato Insrance. Recreational Vehicle Insrance. Montain America Credit Union Bsiness Insrance. Major Mechanical Protection. Long-Term Care Insrance. Loan Payment Protection. Term Life Insrance. Montain America Insrance Services, LLC can help yo find the best coverage for yo and yor family. Call s today at and get a FREE QUOTE on insrance. Insrance prodcts offered by Montain America Insrance Services, LLC, are not a deposit, not an obligation of or garanteed by any credit nion, not insred by the NCUA, and in the case of life insrance, may go down in vale. Prchasing of insrance prodcts will not affect the extension of credit in any way.

11 CONTACT US For more information abot any of the services in this brochre, call , visit or website at or stop by the branch nearest yo. Federally insred by NCUA.