Mortgage Loans

Sharefax Credit Union provides affordable home loans in Ohio to help make homeownership more accessible.

Enjoy competitive rates, low fees, and flexible terms with us.

Three Ways To Apply!

1) Easy to apply online!

2) By Phone 513-753-2440

3) At A Branch

1st Mortgages - Serving Southwest Ohio & surrounding areas

We offer a range of mortgage loans in Cincinnati and Southwest Ohio. Consult with one of our loan officers to find the option that best suits your financial situation and learn about the home-buying process. You can also check our competitive mortgage rates.

1st Mortgage – Finance up to 97% LTV
VA, FHA, & Reverse Mortgage Loans
15/30 1st Mortgage
Info Needed When Applying
1st Mortgage – Finance up to 97% LTV
  • Terms up to 30 years
  • Fixed rates, adjustable rates & balloon notes
  • Conventional loans with as little as 3% down for owner occupied
  • 25% equity(or down payment) on investment property
  • If LTV is greater than 80% PMI is required
  • Construction Loans
  • Financing anywhere in the U.S. with appraisal
  • Financing for condominiums, vacation homes, double-wides, townhouses, patios and planned urban developments
  • Financing is not available for farms or time shares
  • Residential property must be owner occupied
  • Residential property can contain no more than 4 units
VA, FHA, & Reverse Mortgage Loans

If you’re looking for a VA, reverse mortgage, or FHA loan in Ohio, contact a loan officer at (513) 753-2440, Ext 5501, for more information.

15/30 1st Mortgage

30 year term with a 15 year fixed rate balloon payment due upon maturity (15 years)

Info Needed When Applying

Information that may be needed when applying for a mortgage:

  • Last 2 years of W-2′s
  • Four most recent Paycheck Stubs
  • 1st Mortgage information
  • Copy of Deed
  • 2nd Mortgage info (if applicable)
  • Copy of Sales Contract (if applicable)
  • Homeowner’s Insurance Info

We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

Sharefax Credit Union NMLS: 414408.

TruStage Insurance Agency. Home insurance savings for hard working people.

Lines of Credit

Home Equity Line of Credit
Closed End Second Mortgage
Home Equity Line of Credit
  • No Annual Maintenance Fees
  • Variable Rate Line of Credit based on the Wall Street Journal’s Average Banks Prime Rate
  • 10 year draw period
  • Maximum repayment period of 15 years from the date of the last advance
  • Minimum advance of $100
  • REG Z
Closed End Second Mortgage
  • Borrow up to 90% of the appraised value of your home, minus any outstanding mortgages
  • Fixed Loan amount
  • Fixed Interest rate
  • Term of up to 15 years
  • Information needed when applying for a 2nd mortgage:
    • 1st Mortgage information
    • Three most recent Paycheck Stubs
    • 2nd Mortgage info (if applicable)
    • Homeowner’s Insurance Info
    • Last 2 years of W-2 may be required

Get your free credit report today at www.annualcreditreport.com

 

Questions? Contact one of our Registered Mortgage Loan Originators

If you need financing for your home renovation, a personal loan can be a great option. Learn more about our affordable personal loans.

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Realtor Partners

Looking for a realtor to assist you with finding your next home?

Contact one of our Realtor Partners.

Specialty Loans

Vacant Land Loans
Mobile Homes
Vacant Land Loans
  • A minimum down payment or equity of 30% of the appraised amount or purchase price, whichever is less, is required.
  • Only adjustable or fixed rate mortgages of 15 years or less are permitted.
  • Maximum acreage financed is 50 acres.
  • Interest rates will be based on current commercial loan pricing.
  • A certified appraisal, survey and title search are required.
Mobile Homes
  • Mobile Homes
  • Used mobile homes must be newer than 7 years
  • Double-wides on a foundation may qualify for a standard mortgage loan
  • Requires a 30% down payment
  • Owner cannot be located in a trailer park.
  • Borrower must own the property on which the trailer is located
  • Other conditions may apply