Mortgages & Loans > Mortgage Products > Creditmaster Mortgage
CREDITMASTER® MORTGAGE
One Mortgage – So Many Options
Enjoy financial flexibility and freedom
Our CreditMaster® Mortgage is both customizable and readvanceable to give you financial flexibility. In one fast and friendly transaction, you can borrow against the equity in your home for any purpose. Renovations, new car, vacation home, tuition, travel, or investments – all are within reach at first mortgage rates. An unlimited number of loans, including lines of credit, can be created under one CreditMaster® Mortgage. With only one mortgage to prepare and register, you’ll also appreciate the cost and time savings.
| Home Equity | Use the equity in your home to borrow money. |
| Lowest Rates | Have all of your loans at mortgage interest rates. |
| Small Payment | You determine the size of your payments. |
| Simple Process | One mortgage does it all. |
We make it simple: you pick the terms
With a CreditMaster® Mortgage, the choices are simple. We give you the options - you mix and match the terms into a combination that works best for you:
- Customize to suit your individual needs with any length and type of mortgage term we offer
- Segment your mortgage to take maximum advantage from blending low short-term interest rates with long-term rate stability
- Make monthly payments as low as interest only on a line of credit or pay off the full balance without penalty on an open term
The CreditMaster® Mortgage offers maximum convenience from the start – plus more power to pursue your dreams as you build equity.
Today’s most adaptable borrowing solution, the CreditMaster® Mortgage, offers even more:
- Financing available for both conventional and high-ratio borrowers.
- Up to 95% of your home’s current appraised value is readvanceable for any purpose (high ratio mortgages must be insured).
- Pre-approved mortgage plans.
- 90 day interest rate guarantee.
- Rates as low as Prime – ¼ %
- Flexible repayment options, amounts and schedules.
- Prepay, at anytime, as much as 15% of the original mortgage balance per year without penalty on closed terms.
- Mortgage portability.
- Mortgage Protection Insurance is available.
- Additional savings with the SASCU Patronage Rebate Program.
It’s easy to get things started! Visit or call one of our Mortgage Specialists today… And bring financial flexibility into your life.
