Unlock Your Dream Home in Tipton, Indiana
Are you in search of your dream home in the charming town of Tipton, Indiana? Look no further than Encompass Credit Union for all your mortgage loan needs. Whether you're a first-time buyer, planning to refinance your current home for better rates, or dreaming of upgrading to a more spacious property, we have the perfect home loan solutions tailored just for you.
At Encompass Credit Union, we understand the significance of finding the ideal home, and we are committed to making your home loan process as smooth and hassle-free as possible. Our experienced team will guide you through the entire journey, offering personalized assistance and expert advice along the way.
Our Mortgage Loan Offerings in Tipton
At Encompass Credit Union, we offer an array of home loan options for our members in Tipton. Flexible terms, low closing costs, and local servicing are just a few features of our mortgage loan products. When you get a mortgage loan with us, you are also required to get property insurance with us to ensure you have the best protection for your new home.
1st Mortgage Loans
Encompass Credit Union offers both Fixed and Adjustable-Rate 1st Mortgages with terms ranging from 10 to 30 years. With our Fixed-Rate Mortgages, you will have the same rate for the life of the mortgage. With our Adjustable-Rate Mortgages, your rate will remain the same for one year and then is subject to change every one-year anniversary.
At Encompass Credit Union, we understand that choosing the right home loan and lender is a significant decision. That's why our team of mortgage experts is dedicated to providing you with personalized guidance and support throughout the entire process. We take the time to understand your unique financial goals, helping you select the home loan option that best aligns with your needs.
Whether you're a first-time homebuyer or an experienced homeowner, our goal is to make the mortgage experience as smooth and stress-free as possible. Trust Encompass Credit Union to be your partner in securing the perfect mortgage for your dream home in Tipton, Indiana.
2nd Mortgages
When you choose a 2nd Mortgage from Encompass, you gain the flexibility to access the equity in your home for various financial needs. Whether you're planning a home renovation, consolidating debt, funding education expenses, or embarking on a new business venture, our 2nd Mortgage options provide you with a convenient lump sum of funds.
The best part? Encompass offers 2nd Mortgages with no closing costs, saving you money in the process. With terms of up to 20 years, you can comfortably repay the loan while enjoying the benefits of tapping into your home's equity.
We understand that every borrower is unique, which is why we offer both Fixed and Variable Rates for our 2nd Mortgages. With a Fixed-rate 2nd Mortgage, you'll enjoy the stability of having the same interest rate for the entire duration of the loan. This allows you to plan your finances with certainty, knowing that your monthly payment will remain consistent.
On the other hand, if you prefer more flexibility, our Variable-rate 2nd Mortgages may be the right choice for you. The interest rate on a Variable-rate 2nd Mortgage is subject to change every month, based on the Wall Street Journal Prime Rate. This option provides you with the potential advantage of lower interest rates when the market is favorable.
Home Equity Lines of Credit (HELOCs)
Experience the flexibility and convenience of a Home Equity Line of Credit (HELOC) from Encompass Credit Union. Our HELOC allows you to access funds whenever you need them, providing you with a financial safety net for various expenses without any closing costs or annual fees. With a variable rate that adjusts monthly based on the Wall Street Journal Prime Rate, you can benefit from potential rate decreases in a favorable market environment.
When you choose Encompass Credit Union for your Home Equity Line of Credit, you'll enjoy a 10-year draw period. During this period, you have the freedom to access funds as needed, making it ideal for ongoing projects, unexpected expenses, or simply having peace of mind. Additionally, we offer a 10-year repayment period, ensuring ample time to repay the borrowed amount. During the draw period, you have the option of making interest-only monthly payments, providing greater flexibility in managing your cash flow.
Our experienced team of mortgage specialists is here to guide you through the process of obtaining a Home Equity Line of Credit. We understand that every homeowner's situation is unique, and we take the time to understand your specific needs and financial goals. With personalized service and attention to detail, we aim to provide you with the best possible HELOC solution tailored to your requirements.
Unlock the potential of your home's equity with Encompass. Whether you're planning home improvements, financing education expenses, consolidating debt, or pursuing other financial goals, our Home Equity Line of Credit offers the flexibility and accessibility you need. Contact us today to explore the benefits of an Encompass HELOC and take advantage of the opportunities that await you.
Tipton Construction Loans
Embark on your dream home construction project with the help of Encompass Construction Loans. Our construction loans provide the necessary financing to build your custom home from the ground up. With Encompass, you'll have access to flexible terms, competitive rates, and a streamlined application process designed specifically for construction projects.
Our experienced team of mortgage specialists will guide you through each step, from initial planning to project completion, ensuring a smooth and seamless experience. Whether you're a homeowner looking to build a forever home or a contractor seeking financing for a new development, Encompass Construction Loans are tailored to meet your unique needs. Let us be your partner in turning your vision into reality. Contact us today to learn more about our construction loan options and start building the Indiana home you've always dreamed of.
Why Encompass Credit Union For Your Tipton Home Loan?
Join Encompass Credit Union for your mortgage loan needs and experience the difference. With a wide range of home loan options tailored to suit different financial situations, we have the perfect loan product for you, whether you're a first-time homebuyer, upgrading your property, or refinancing. Our experienced mortgage specialists provide personalized service, taking the time to understand your unique needs and financial circumstances and ensuring you receive the best mortgage solution.
At Encompass Credit Union, we prioritize convenience and efficiency. Our competitive rates, local expertise, and personalized service make a difference in achieving your homeownership goals. Contact us today to get started on your mortgage journey.
Visit Our Steel Parts Branch in Tipton, Indiana
Steel Parts Branch
201 North Main Street
Tipton, IN 46072
Lobby Hours:
Monday: 8:30 a.m. - 4:30 p.m.
Tuesday: 8:30 a.m. - 4:30 p.m.
Wednesday: 8:30 a.m. - 1:00 p.m.
Thursday: 8:30 a.m. - 4:30 p.m.
Friday: 8:30 a.m. - 5:30 p.m.
Saturday: 9:00 a.m. - 12:00 p.m.
Drive-Thru Hours:
Monday: 8:30 a.m. - 4:30 p.m.
Tuesday: 8:30 a.m. - 4:30 p.m.
Wednesday: 8:30 a.m. - 4:30 p.m.
Thursday: 8:30 a.m. - 4:30 p.m.
Friday: 7:00 a.m. - 6:00 p.m.
Saturday: 9:00 a.m. - 12:00 p.m.