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Income Property Loans: Multi-Unit Residential Properties
If you would like to purchase or refinance your current mortgage on a residential income property you own (multi-unit properties), UCU has some affordable options for you.
UCU's Income Property Loan Program offers:
- Low fixed rates
- Eligible non-owner-occupied residential properties include houses, condos, duplexes, apartment buildings (1-4 units).
- Low closing costs
- "Cash out" available
Get information and an application by calling a UCU Real Estate Loan Representative at (310) 477-6628, ext. 2304.
The Income Property Loan is secured by real estate. It is available only to members residing in California and on non-owner occupied dwellings (multi-unit residential property) in the following counties: Los Angeles, Orange, Ventura, San Bernardino, Riverside and San Diego. Rates are subject to change without notice. Loans issued subject to credit review. Some restrictions may apply.
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Your savings federally insured to at least $250,000 through the National Credit Union Administration (a U.S. Government Agency) and backed by the full faith and credit of the United States Government. |
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An additional $250,000 of coverage provided by American Share Insurance (ASI), a private corporation. |
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University Credit Union is an Equal Housing Lender. |
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