Educational Employees Credit Union

Contact the Member Service Center to request A Signed Request for a Subordination-Real Estate Secured/Unsecured Transactions form. This can be mailed or fax...

A Home Equity Line of Credit also known as a HELOC is a secured line of credit that uses your home's equity. When you get a Home Equity Line of Credit y...

Interest rates fluctuate daily, so the rates available when you apply may be different than the rates available when you decide to lock your interest rate. ...

A person or entity that arranges financing for borrowers, but places loans with lenders rather than funding them with the broker's own money.

The interest rate may change four times a year on a Home Equity Line of Credit. The rate for EECU's Home Equity Line of Credit changes on the first day ...

It is a legal document obligating a borrower to repay a loan at a stated interest rate during a specified period of time. The agreement is secured by a deed...

This situation most often occurs during the process of eminent domain, such as when the city or county is improving an intersection and a portion of your pr...

If your 1st mortgage loan is a purchase or refinance the closing will take place at an escrow company with the assistance of an Escrow Officer.

A reverse mortgage converts home equity into money, but requires no repayment until the borrower(s) permanently leaves the home. Basically it allows older o...

Freddie Mac (FHLMC) and Fannie Mae (FNMA) are quasi-governmental agencies that purchase conventional mortgages from insured depository institutions and HUD-...