May 12, 2009
Charter Oak's Refinancing Program
Is A Cost Saver
Charter Oak Credit Union's Cost Saver Mortgage Features
No Closing Costs
With the banking and credit union industries featuring all time record-low mortgage rates, there is no better time than now to refinance a home. With almost all local financial institutions offering great mortgage rates, Charter Oak plans to stand out from the crowd with its Cost Saver Mortgage Program, which provides those living or working in New London and Windham counties with a very inexpensive way to refinance their homes.
Allowing for a maximum loan of $250,000, Charter Oak's Cost Saver Mortgage features no closing costs*, which includes a slew of benefits such as no points, no appraisal fees, no attorney fees, no flood insurance fees-just to name a few. Those interested in refinancing their homes are encouraged to take advantage of this money-saving program by calling 860-446-8085, or by visiting Charter Oak.org where complete details, such as fees and conditions associated with this offer are available. This offer can be withdrawn at any time and Charter Oak Federal Credit Union is an Equal Housing Lender.
*A $350 application fee is due at the time of application. This program is only for refinances of owner-occupied single family and condominium properties located in CT and RI. Minimum loan amount $35,000, maximum $250,000. Mortgage rates and maximum loan-to-values are based on borrower's credit score. Borrower is responsible for property insurance and flood insurance, if applicable and tax escrow.
