Mortgage Loans
1st Mortgages - Serving Southwest Ohio & surrounding areas
- 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
Contact a loan officer at (513) 753-2440, Ext 5501 for more information.
30 year term with a 15 year fixed rate balloon payment due upon maturity (15 years)
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
Build Your Dream Home with a Sharefax Construction Loan!

Rates as low as 5.500%*
1st Mortgage Fixed (10 years) rate of 5.500% with a 5.788% APR - $1,627.89/mo
1st Mortgage Fixed (15 years) rate of 5.625% with a 5.828% APR - $1235.60/mo
15/30 mortgage rate of 5.625% with a 5.745% APR - $863.48/mo with a final balloon payment of $105,685.17
*Rates as of 02/01/2023. Based on $150,000 loan amount. 80% max LTV. Credit score 710+.
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
Sharefax Credit Union NMLS: 414408.
Easy to apply online!
Apply today for a fixed rate mortgage.
To schedule an appointment with a loan officer, please call 513-753-2440 ext. 5501
or email loandept@sharefax.org.
Realtor Partners
Looking for a realtor to assist you with finding your next home?
Contact one of our Realtor Partners.
Specialty 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.
- Construction terms up to twelve months available
- Interest only payments during construction process
- Maximum loan to value is 80%
- Experienced builder required – references needed
- Will not finance manufactured homes
- 20% down payment deposited into Sharefax or 20% in unencumbered lot owned.
- Inspections & title updates required for each draw
- Builder’s risk insurance required.
- Copies of building plans, specifications sheet, furnishings
- Title search required prior to construction.
- Checks are payable to contractor, subs, suppliers and members.
- Property being built must be for use as primary residence (owner occupied) by member
- 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
Lines 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
- Borrow up to 80% 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)
- Copy of Deed
- 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
