Home Loans

At Ashland CU, we understand that your house is more than an investment or collateral for a loan. We want you to make fully informed decisions, and encourage you to take advantage of our lending specialists. Ask all your questions, get all the facts, and you'll choose ACU for your home lending needs.


First Mortgages
Notice: As of November 2012, Ashland CU is now partnered with myCUmortgage, LLC for first mortgage underwriting. For information on our new mortgage program, to check rates, or apply, please click here to get started.

If you already have a mortgage with ACU serviced by PHH Mortgage Company, you can access your loan details at www.mortgagequestions.com



Home Equity Loans

Choice Home Equity Loans are a very flexible and popular choice for a variety of borrowing needs, from debt consolidation, home improvements to educational funding. We leave it up to you and what fits your needs best. You can choose to have a variable or a fixed rate.

Please note that home equity loans are currently only offered in the following states: AR, FL, GA, IL, IN, KY, LA, MI, MN, MO, NC, NJ, OH, PA, TN, VA, WA, WV, WY.

Variable Rate Choice:
  • Interest Rate
    1. Subject to change semi-annually
    2. Based upon your credit score and LTV* ratio
    3. Minimum Rate is 3.25%
  • Credit Line - Borrow up to 90% of your home's equity
  • Term - Up to 15 years
  • Initial Advance - $10,000 minimum
  • Additional Advances - $500 minimum
Fixed Rate Choice:
  • Interest Rate
    1. Fixed for term of loan
    2. Based upon your credit score and LTV* ratio
  • Loan Amount - Borrow up to 90% of your home's equity
  • Term - Up to 10 years
  • Initial Advance - $10,000 minimum
  • Additional Advances - Not available
Variable and Fixed Rate Choices Include:
  • No fees, no closing costs
  • No pre-payment penalty
  • Tax deductible interest (consult your tax advisor)
Our rates are incredibly low, and with the possible tax savings, more and more members are finding that ACU is the best choice for them. Speak to one of our experts today by calling 1-800-245-8112.

*Loan to Value (LTV) ratio is the relationship between the amount owed on your home to your home's appraised value.
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