Mortgage

Getting or refinancing a mortgage does not have to be a stressful experience. We realize that purchasing a home should be a fun and exciting experience. Find out how easy it can be to obtain a mortgage with your credit union. We offer competitive rates and low closing costs on real estate loans for property. You'll work with the same representative from the time you apply to the time you move into your new home.


Olean Area Federal Credit Union offers the following in-house mortgage products to meet your needs:
First or Second Mortgage

     • Purchase money or refinance
     • Fixed Annual Percentage Rate
     • No or low closing costs 
Owner-Occupied 1-4 Family Residential Homes
     • Minimum loan amount of $10,000.00
     • 95% maximum financing
     • No or low closing cost mortgage available
Unimproved Land
     • Maximum Loan Amount of $30,000.00 
     • 75% maximum financing


Contact the Credit Union for current mortgage rates and available terms. If you have any questions, call and speak with a mortgage lender at (716)372-6607.

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Olean Area Federal Credit Union will never ask for your personal or account information.Be cautious of suspicious phone calls, emails and text messages requesting your Personal Identification Number (PIN), account numbers and/or expiration date. If you think your accounts may have been compromised, please contact the credit union immediately.