As a member of Hampton Roads Educators’ Credit Union, we have many finance options to meet many of your home needs.

Mortgage Specialist: Member Select Mortgage

Member Select Mortgage will work in conjunction with Hampton Roads Educators' to offer our members the absolute best home financing options for a vast variety of situations.  Some of these products include refinancing to lower your rate and payment--even in instances when home owners owe more than the value of their home.

We offer a number of loan products such as:

·         FHA Loans

·         VHDA first time home buyer products with no money downMember Select Mortgage

·         VA loans for active duty, veterans and reservists

·         Rural loan programs with no money down

·         Condo loans

·         Jumbo loans

·         Fixed & Adjustable rates

·         Remodeling loans

·         Reverse mortgage loans for seniors

·         Investment property loans

·         Vacation and second home loans

CLICK HERE to contact us today to learn more about purchasing or refinancing a home or call us at 757-838-0707 x111.

 

Home Equity Loans

There may come a time when you want to use the equity in your home to purchase a car, make home repairs, pay for college costs, or debt consolidation. The Credit Union offers home equity solutions with low, variable interest rates, using up to 85% of the property’s appraised value. For current rates, click here.

Second Mortgages

If you are looking to refinance or want to consolidate your debt, look to your house for the funds you need. A second mortgage is a closed end loan secured by the equity in a member’s primary residence or in other real estate property. You can borrow up to 90% of the appraised value of the property and take advantage of our fixed rates to reach your financial goals. For current rates, click here.