 Residential
First Mortgage Loans
Buying a home is one of the
most exciting purchases you will make. Providing you with the right financial
tools to make this purchase is part of the OECU mission to assist you in
enhancing your financial well-being.
When it's time to look for a
new home or to refinance the loan on your existing home, OECU provides you with
a choice in Mortgage Loan products and an easy application process.
Also, when the need arises to
take advantage of the equity you have in your home, OECU is ready to provide
you with a convenient tool to make use of your home's accumulated equity.
1st Mortgage Loan Products
OECU provides loans for
residential property purchases. A variety of product terms are available. Don't
forget that you can be pre-approved for a Mortgage Loan before you even start
looking for your home.
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Fixed Rate Mortgages
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Adjustable Rate Mortgages (ARM)
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Purchase or Refinance Loans up to
$417,000
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Investment Property Mortgages
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First Time Home Buyer and My Community
programs available with up to 97% financing option
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Mike
Smalley—Mortgage
Loan Consultant
 Mike
has been with OECU since 2008. With over 8 years of residential mortgage
lending experience, he's focused on providing each member with the highest
level of service, integrity and professionalism and is committed to finding the
mortgage solution that best meets the needs of the individual member.
Contact Mike to make an appointment to meet at a place and time
that’s convenient for you, or stop in and see Mike at our Main Office.
Mike can be reached at:
Mike resides in North Olmsted with his wife Melissa and their three
bulldogs. He enjoys sports and is currently the softball director for the
Thursday night men’s league in North Olmsted. He is an avid fan of the
Cleveland Browns and Cleveland Cavaliers.
Home Loan
Checklist
The home loan checklist
includes the documents that you will need to have available when the 1st
Mortgage Loan Application is completed.
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Prior year W2s or Federal Tax Return if
self-employed
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Most recent pay stub showing year-to-date
earnings
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Documents of other income sources that
will be considered in the repayment of the loan
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Most recent statements for Checking,
Savings and Investment Accounts
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Listing of all outstanding loans, credit
cards and other debts
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A gift letter from the person giving you
any gift of money or property to assist you in the purchase of your new home
Residential
First
Mortgage Loans
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