Home Loans

Payment Calculator

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
85%/Borrow Up To
  • Fixed Rate
  • $1,500 closing costs (may be financed).
  • 10 or 15 year terms available.2
  • Minimum initial loan amount of $25,000.
  • Borrow up to 85% 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.
Apply Now

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