Mortgage Loans

Ready for the next step? Check rates and apply online.

Home Equity Line of Credit

  • Shelterline: access up to 80% LTV with APR as low as 8.250%
  • Shelterline Plus: access up to 90% LTV with APR as low as 10.500%
  • Instant transfers during the 10-year draw period
  • Credit line from $15,000 to $325,000
  • Balance payoff period from 60 to 180 months
  • No closing costs

Residence must be in Tennessee. Download the Shelterline Early Disclosure or Shelterline Plus Early Disclosure.

Home Equity Loan

  • APR as low as 7.698%
  • Borrow for 5, 10, or 15 years for fixed rate loans
  • Borrow for up to 20 years for variable rate loans
  • Borrow up to 90% LTV
  • No application fee and low closing costs

Mortgage Fixed

  • Fixed rate for life of loan
  • In house and secondary market financing available
  • No PMI with 85% LTV or less
  • Same low rate on jumbo loans over $726,200
  • Terms of 10, 15, 20 and 30 years

Mortgage Variable

A variable rate mortgage provides the opportunity for your rate and monthly payment to decrease without the cost of a refinance.

  • No PMI with 85% LTV or less 
  • Rate adjusts annually with 2% annual cap and 6% lifetime cap
  • Terms up to 30 years

Mortgage Balloon

  • Fixed rate for life of loan
  • No PMI with 85% LTV or less 
  • Payment amortization up to 30 years to help lower payments
  • Terms of 7 and 10 years

Land Loan

  • Fixed rate for life of loan
  • Terms up to 20 years

Land loan applications are not available online. Please contact us for more information.

Cornerstone Financial Credit Union's Institution NMLS ID is 619380. View our complete NMLS ID Listing for individual Mortgage Loan Originators.

Annual Percentage Rate (APR) may vary. The maximum APR that may be imposed is 18.00%. Interest paid may be eligible for tax deduction. Consult your tax advisor.

LTV = Loan-to-Value. A ratio of the total amount mortgaged against the value of the property.