MAX Mortgages

on . Posted in Mortgages

smarter-mortgages-20140626
 

When it comes to your mortgage, some banks put on a dazzling show. But with a mortgage from MAX, there’s no mystery, intrigue, or suspense—because we give you the information you need up-front. We simplify the confusing terms and rates, and we’re always here to carefully guide you through the process. So skip the magic show and unveil a smarter mortgage with MAX.

 

We know this will probably be the most important financial decision of your lifetime, and that's why we think it's smart to assist you in making the right mortgage choice.

At MAX, we aim to help you achieve financial success. Whether you're looking to buy a new home or refinance the one you own, MAX offers several fixed and adjustable interest rate mortgage options. Mortgages are available on primary and secondary residences, as well as investment properties.

With our low rates, there's never been a smarter time to buy or refinance. Simply apply online any time, or stop by our Eastdale branch to speak with one of our mortgage consultants. Tap into our extensive knowledge as we gladly walk you through everything you need to know about the mortgage process. We will help you choose the home loan that is right for you and your family, and then we'll show you how easy it is to apply!

If you would like to speak with one of our knowledgeable mortgage consultants before you get started, just call 334-215-4861 or 800-776-6776 (press 3, then enter extension 4861) today.

Pre-approval makes shopping for a home a little easier! Pre-approval gives you the confidence to know what specific price range you can afford when shopping for a new home. When you’re ready to buy, pre-approval adds credibility to your offer, which helps increase the chances of a seller accepting it.

Get pre-approved online or call us at 334-215-4861 to speak to our knowledgeable mortgage consultants.

Rates | Loan Calculator Home Loan

Apply Online »

 

MAX takes pride in those who serve and have served our country to make it a better, safer place. As Your Community Credit Union®, MAX is honored to provide active and retired military personnel the option of a VA loan when financing a home anywhere within the United States. We offer competitive rates for VA loans with up to 100% financing. Let our experienced mortgage counselors show you how easy it is to apply for a home loan that is right for you and your family. Call us at 334.215.4861 or 800.776.6776, extension 4861 to apply today!

For qualified borrowers. Certain restrictions apply. Equal Housing Lender.

MAX offers FHA loans with 3.5% down payment. FHA loans may be a good choice for first-time homebuyers and those who don’t qualify for a conventional mortgage. The down payment amount is lower (3.5%) and can be in the form of a gift from a friend, relative or charitable organization.

FHA qualification guidelines include:
Two years of steady employment.
No bankruptcies in the past two years.
No foreclosures in the past three years.
Credit report shows ability to repay the loan.
Mortgage payment does not exceed 28% of gross income.

Call 1-800-776-6776 to speak with one of our Mortgage Services Counselors to apply.

For qualified borrowers. Certain restrictions apply. Equal Housing Lender.

 

ecomax

The EcoMAX® Home Loan Closing Discount allows you to take up to $1,000 off your closing costs when you build a new home using various “green” products. Each green product you use has a point value. For each point you accumulate, you can take $100 off your closing costs up to $1,000. You must have a minimum of 4 points to participate in the discount program. A maximum of 10 points can be used for the discount. The discount is good for primary residences only. The construction loan must be with MAX to qualify for the discount on the permanent loan.

Check out the table below to see which green products will give you the greatest discount on the closing costs of your new home. Discount may not exceed ½% of the loan amount up to $1000.

Green Products

Point Value

Solar panels generating at least 70% of the total estimated energy use

10

Geo Thermal

4

Solar hot water heater

4

Foam installations attics and external walls

4

All windows Energy Star rated or higher

4

Heating/AC Units rated 14 seer or higher

3

Complete tankless hot water heaters (entire house)

2

Radiant barrier

2

No or low VOC paints

1

Low flow plumbing

1

Energy Star appliances (at least 3)

1

Passive solar (positioning the house in a southern or northern direction limiting windows on the east and west to 2 windows per side)

1

Detached garage

1

Using products from recycled materials such as carpet, counter tops, cabinetry

1

Examples:
• Geo Thermal (4 points) + Radian barrier (2 points) = 6 points = up to $600 discount
• Solar panels (10 points) + Energy Star windows (4 points) = 14 points (max 10 points) = up to $1,000 discount
• Detached garage (1 point) + Low flow plumbing (1 point) = 2 points (minimum 4 points) = no discount

For qualified borrowers. Certain restrictions apply. Equal Housing Lender.

gbc

Alabama properties only.

Good for qualified borrowers. Certain restrictions apply. Equal housing lender.

If you would like to report suspected unethical treatment of a home valuation by an appraiser or any entity affecting the home valuation process, any illegal conduct or violation of the Uniform Standards of Professional Appraisal Practice (USPAP), Alabama state licensing standards, substandard performance or otherwise improper or unprofessional behavior on behalf of an appraiser or any individual affecting the home appraisal process, you may call 334-215-4905 or email us at appraisalcomments@mymax.com. In addition, for administrative and licensing information regarding your mortgage loan originator, please visit the NMLS consumer access website. To search for MAX, key “MAX Credit Union” or MAX's NMLS number (410580) into the search box.