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New Construction - End Loan

Planning on buying a newly constructed home? Feel confident knowing your rate is locked in a fluctuating rate environment. Financing a new home is a bit different than the typical financing of a previously owned home. Consider a SEFCU Mortgage Services long-term rate lock!

New construction house with blue print plans

Long-term rate lock
House in construction stage

10/6 and 5/6 Adjustable Rate Mortgage (ARM)

Are you in the market for a home and searching for a product that will allow you to enjoy a lower interest rate the first few years of your mortgage? SEFCU Mortgage Services offers a 10/6 adjustable-rate mortgage that could be exactly what you’re looking for.

What is an ARM?
An adjustable-rate mortgage (ARM) offers a fixed rate for a specified term and then the rate becomes adjustable for the remainder of the mortgage. For a 10/6 and 5/6 ARM the rate is fixed for the first 10 or 5 years providing you the security of knowing your mortgage payment will remain the same during that time. After the first 10 or 5 years your interest rate will adjust annually so your payment could fluctuate from year to year.

Man, blueprints, new construction house

9-Month Rate Lock
If you’re building a home, SEFCU Mortgage Services offers you the option to lock your interest rate for up to six months! Choose this option for 5/1 ARMs, 10/1 ARMs, or 10-, 12-, or 15-year fixed-rate mortgages and feel confident your rate is locked in a rising interest rate environment. Best of all, you’ll have the security of knowing your mortgage payment early in the process!


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Copyright © 2018 SEFCU Mortgage Services
SEFCU Mortgage Services is a wholly owned subsidiary of Broadview Federal Credit Union. Licensed Mortgage Banker - NYS Department of Financial Services
NMLS Company ID - 309847.

Mortgage Servicing Questions Only

 

Mortgage Loan Servicing Help Center

Main Number 518-783-1234

 

Existing Mortgage Servicing Questions 518-464-5378

General Mortgage Servicing Inquiries via email:

smsloanservicing@sefcu.com

 

Existing Escrow Account 518-783-1234 ext. 4006

General Escrow inquiries via email:

realestateescrow@sefcu.com

 

Monday - Friday 8:00 AM - 4:30 PM EST

Copyright © 2018 SEFCU Mortgage Services
SEFCU Mortgage Services is a wholly owned subsidiary of Broadview Federal Credit Union. Licensed Mortgage Banker - NYS Department of Financial Services
NMLS Company ID - 309847.