Home Loans

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Which one is right for you?

ACU Mortgage Programs offer you peace of mind, by finding products that best fit your needs and save you the most money. 

First Mortgage*

Fixed or Variable Rate
100%/Borrow Up To**
  • Borrow up to: 100% USDA and VA, and 96.5% on FHA1
  • Borrow up to: 97% on First Time Home Buyer & 95% on Conventional1
  • Terms available up to 30 years.3
  • Minimum initial loan amount of $25,000.
  • Closing costs are variable, quoted after application.
  • If approved, closing time approximately 30 – 45 days.
  • Escrow services available.
Apply Now

Easy Refinance*

Preferred Program
80%/Borrow Up To
  • Fixed Rate
  • $1,500 closing cost for 10 & 15 year terms. $2,000 closing cost for 20 & 25 year terms (may be financed).
  • 10, 15, 20 or 25 year terms available.
  • Minimum initial loan amount of $25,000.
  • Borrow up to 80% of your home’s value up to $510,400.
  • If approved, closing time approximately 15-30 days.
  • Cash out option available, must be first or second lien position.
Learn More

Choice Home Equity*

Line of Credit
90%/Borrow Up To
  • Variable rate.
  • Maximum term of 15 years
  • Draw period of 10 years.
  • Minimum initial loan amount of $10,000.
  • Additional advances in $500 increments.
  • Borrow up to 90% of your home’s value, max amt allowed is $250,000.
  • If approved, closing time approximately 15 – 30 days.
Apply Now
* Not available in all states. Please contact us to confirm availability in your area.

** Only available for individuals who quality for USDA and VA mortgage programs.

1 Certain types of loans may have qualifications on who can apply. Talk to an ACU loan officer for details.

2Estimated monthly payment on a $25,000 loan with a 15 year term at 4.25% APY is $188.  Estimated monthly payment on a $25,000 loan with a 10 year term at 4.00% APY is $253.

3Estimated monthly payment on a $25,000 loan with a 30 year term at 4.75% APY is $130

Desirée Lynch (Ashland, KY)

Mortgage Loan Originator

Purchasing a new home can be overwhelming. I do my best to meet each member’s individual needs to make the home buying process as seamless and stress-free as possible.

~Desirée Lynch

John Quast (Cottage Grove, MN)

Mortgage Loan Originator

Whether you are a first-time home buyer, moving into a new home, or just looking to refinance, ACU has the product that is right for you! Together, we will get you to your final closing in a smooth and timely manner.

~John Quast

Address
1300 Central Ave
Ashland, KY 41101

Email
help@ashlandcu.org

Phone
606-329-5489
1-800-245-8112