Home Loans

FIND YOUR WAY HOME

HOME

BUYING MADE EASY

Whether you’ve just started the home-buying process or you’re ready to sell and buy a new one, we have the resources to help. We also offer refinancing options and a Home Equity Line of Credit for wherever you are in life. Let us help you find your way home!

HOME LOANS

Why buy a home with help from a stranger? At Latah CU, your lenders just might be your neighbors.

Competitive rates for home purchase, refinance, or construction
Available for primary residence, second homes, vacation homes, or investment properties
Amounts up to $500,000 available
Terms up to 30 years available
80% loan to value, borrower responsible for closing costs
A wide range of terms customized to your unique situation
Helpful loan advisors with working knowledge of the local real estate market
Free pre-approval for extra confidence when it comes to securing financing
Local decision-making and processing in Northern Idaho

MOBILE HOME LOANS

Let us help you secure affordable financing for your mobile home. With local decision-making, you’ll have an answer back fast.

Mobile homes must be manufactured after 1976 and owner-occupied to qualify
Competitive rates for single and doublewide mobile homes located in a park community
Mobile homes must be located in North Idaho or adjacent counties
Flexible repayment terms (up to 15 years) to work with your budget
Free pre-approvals
Purchase money loans are 85% loan to value. The borrower is responsible for closing costs
Local decision-making and processing in Northern Idaho

HOME EQUITY LINE OF CREDIT (HELOC)

Finance a home renovation, a vacation, and more with a line of credit — backed by the equity in your home.

Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And much more!
Variable Rate
Loan to value maximum of 80%
Minimum loan amount is $10,000 and maximum is $100,000 based on the existing equity of your home
5-year draw period with accommodating repayment terms
Revolving credit – as principal is repaid, more becomes available for use
The interest paid might be tax deductible*