New Online Features Make Home-Buying Easy
Chevron Federal Credit Union has added time-saving, convenient features to our Real Estate website to help you through the home-buying process. If you are thinking about purchasing a new home or refinancing your current loan, visit www.chevronfcu.org and click on “Real Estate Loans” to try out these powerful new tools.
Instead of checking the rates page daily for the interest rate you are looking for, Rate Tracker will notify you when the targeted loan program and interest rate become available. Register for Rate Tracker by simply entering your email address and the type of loan, rate and discount points that interest you. When the desired rate becomes available, Rate Tracker will deliver a message right to your inbox. You may choose to be notified on as many programs as you like, and you can unsubscribe at any time.
Not sure of the difference between a fixed and adjustable rate mortgage? The “Loan Options” section of our site will take you through all our available loan options, explaining each one in details so you can make an informed, educated decision on which one works best for you.
Our online calculators give you much more than just your monthly loan payments. This helpful tool will provide you with important numbers such as:
• How much income you need to purchase your home.
• The after-tax net cost of buying versus renting.
• How quickly your principle will decrease during the life of your loan.
• How much you’ll save by refinancing.
Purchasing your First Home
Buying your first home can be a daunting experience – especially if you are unsure on how to begin. The “First-time Home Buying” section of our site will walk you through the entire process – from deciding on a loan to closing on your purchase.
Find out what to expect from your Real Estate Agent and Loan Officer, and what they will expect from you. We show you how much you should expect to pay in closing costs, the benefits of an escrow account and more essential information you’ll need making the leap into home ownership.
We are happy to provide you with a wealth of online information to help you with your home loan. If you prefer to speak with someone about our loan options, please feel free to stop by your local branch or call one of our loan officers at 510-627-5120 or toll-free 888-334-5120.