Home equity loans by Pacific Service Credit Union

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Joined: 21 Oct 2005

Posts: 1138
Location: MARYLAND
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PostPosted: Fri Aug 10, 2007 3:47 pm    Post subject: Home equity loans by Pacific Service Credit Union

I would like to share information about two new home equity loans introduced by Pacific Service Credit Union. These loans are secured by vacation homes or rental properties.

The main features of these noo home equity loans are:

1) Maximum 70% LTV
2) Maximum loan term of 12 yrs.
3) Available for residential properties having up to a maximum of 4 units.

I hope this information will be useful for people looking into home equity loans for non owner occupied properties.

Thanks
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miller_st



Joined: 17 Jan 2007

Posts: 917

168.92 Dollars($)
PostPosted: Fri Aug 10, 2007 4:07 pm    Post subject:

I have also heard about these two new mortgages from PSCU.

These fixed rate home equity loans will allow members borrow up to $500,000 for any purpose.

And those who work or live in Marin, Napa, Placer, Sacramento, Santa Clara, Solano, Alameda, Contra Costa, Fresno, San Francisco, San Mateo or Sonoma counties can become members of PSCU.

Miller
James Kunstler

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PostPosted: Fri Aug 10, 2007 4:13 pm    Post subject:

Pacific Service Credit Union is among the 150 largest credit unions in the country with over $1 billion in assets. It was founded in 1936 and now has around 70,000 members.

People interested to read more about the new loans made available by PSCU can go through this following page: bizjournals.com/sanfrancisco/stories/2007/08/06/daily9.html?b=11863728 00^1502285
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