Real Estate Loans

1st Mortgage

ARECU has partnered with MaggieMae Mortgage Management Services to make receiving a first home mortgage convenient and easy. MaggieMae is the business to business arm of Consumer First Mortgage, Inc., a privately held residential mortgage lending corporation. They hold national lending and underwriting approvals from the Federal Housing Authority (FHA), the Department of Veterans Affairs (VA), and the United States Department of Agriculture (USDA).

MaggieMae provides a wide array of mortgage lending services to entities expanding into, or redirecting their efforts in, residential mortgage lending. They lend assistance to the operation of residential mortgage departments, including managing processing, compliance, underwriting or closing systems, and providing complete mortgage management services such as infrastructure packages, platform loan origination systems, and profit management services.

15Year Rate                 30Year Rate

Home Equity Lines of Credit (HELOC)

Allow the Credit Union to utilize the power of your home by applying for a Home Equity Line of Credit (HELOC).  HELOC allows you to borrow funds against the equity you have in your home. A HELOC can be ideal for major expenses such as remodeling your home, paying for a wedding, college funds,  consolidating debt, buying a car, and more.

Unimproved Property

Buy a piece of Alabama with the help of ARECU. ARECU offers Unimproved Property loans to assist members in purchasing land. Contact the Credit union for more information.