Fixed Rate

Young couple sitting in front of house

Purchasing or refinancing your home does not need to be a stressful experience!

Our secondary market mortgage loans are available for home purchases and refinance transactions with a minimum 5% down payment. There is no private mortgage insurance premium (PMI) when there is a 20% down payment or the loan to value on a refinance is 80% or less.

Conventional loans are available for owner occupied, second homes, and investment properties, however the down payment requirement increases for investment and second homes. Both fixed and variable rate options exist.

Call a credit union mortgage lender at 716.372.6607 to determine which mortgage option works best for you!

Mortgage Pre Qualification – HomeQual Fill&Print

 

VERIFICATION OF INCOME

  • Two most recent paystub(s) covering the last 30 days
  • Two most recent W2 forms from all employers
  • Self-employed borrowers must provide two most recent tax returns including schedules

VERIFICATION OF ASSETS

  • Two most recent checking, savings or investment statements to verify funds for down payment

REQUIRED DOCUMENTS

  • PURCHASE TRANSACTION
  • Copy of Purchase Contract with Addendum
  • REFINANCE TRANSACTION
  • Copy of Deed
  • Copy of Abstract of Title
  • Survey
  • Copy of Tax Bills and Receipts
  • Copy of Home Owners Insurance Declarations Page