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Home loans

For questions regarding our current products and services, please contact Phil Shay, Senior Mortgage Loan Officer:

Email [email protected]

"Alternatives impacts me through their community work. By offering programs to help my neighbors learn about managing money or how to save for a home or education, they improve my surroundings and ultimately make the world a better place."

Home mortgage loans

As a credit union focused on serving your needs, we promise to provide you the expertise, flexible terms, and competitive rates to get you into the home you want.



  • Available for 1-4 unit primary residences
  • Competitively low rates for home purchase, refinance, and home equity products 
  • A wide range of financing programs available:
    • 30 Year Fixed 
    • 20 Year Fixed
    • 15 Year Fixed
    • 5/5 Adjustable Rate Mortgage (ARM) - Flexible Plus
    • 80% Home Equity Line of Credit
    • 90% Home Equity Line of Credit

Fixed Rate Home Equity Loan

Freedom from high rates may be closer than you think. Tap into the value of your home to finance a wide variety of needs.



  • Competitive fixed rates using the equity from your primary residence
  • Loan amounts of up to $200,000
  • 10-year term
  • Borrow up to 90% of the value of your home, minus any outstanding liens
  • Local decision-making and processing
  • Expert lenders to guide you
  • Detailed, attentive service from start to finish
  • For a $25,000 loan for a term of 10 years with a 5.00% APR, the monthly payment will be $266.02

Home Equity Line of Credit (HELOC)

If you have ongoing needs that are better served with revolving credit — but do not want to resort to a credit card — a home equity line of credit (HELOC) may be the affordable answer.



  • Competitive interest rates for a wide range of ongoing expenses:
    • Home improvements
    • Medical expenses
    • Renovation projects
    • And more
  • Direct, anytime access to funds without reapplying
  • Revolving credit — when you repay, your limit is replenished for future borrowing
  • Affordable payment plans
  • Only pay interest on the part that's used
  • The interest paid may be tax deductible*
  • Local decision-making and processing
  • Expert lenders to guide you
  • Detailed, attentive service from start to finish

*Consult a tax advisor.


Rates are subject to change, please contact us for current rates.

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