Bangor Federal offers first mortgage loans for the purchase or refinance of an existing home. We service our own mortgage loans! To have one of our knowledgeable and friendly Loan Officers discuss your first mortgage needs, please call 207-947-0374. Rates can change daily, please call for current rates.
Home Equity Loans
We offer two types of home equity loans. We offer a variable rate line of credit called a Home Equity Line of Credit. We also offer a fixed rate, fixed term option called an Easy Equity Loan. For more information contact one of our Loan Officers at 207-947-0374.
Mobile Home on Land Loans
We will finance a mobile home on land that is up to 15 years old. Call 207-947-0374 for rates, terms and more information.
CU Promise Home Loans
As advertised on television, Bangor Federal participates in the CU Promise Home Loan program. CU Promise home loans are for the purchase of a home. Refinancing an existing home loan is not eligible.
The CU Promise loan offers great terms, great service, and great rates. But it also comes with three very important guarantees:
- Guaranteed Same-Day Loan Decision.
- Guaranteed Closing Date.
- Guaranteed Local Servicing.
CLICK HERE to visit the CU Promise website for more information!
MORTGAGE ERROR RESOLUTION AND INFORMATION REQUESTS
NOTICE TO MEMBERS
Bangor Federal Credit Union complies with Federal mortgage servicing rules as defined in the Real Estate Settlement Procedures Act (12 CFR 1024.35) – for this purpose, specifically as it pertains to mortgage error resolution and information requests.
If a member believes there has been an error relating to their mortgage loan, the member should submit a notice in writing to Loan Processor, Bangor Federal Credit Union, P. O. Box 1161, Bangor ME 04402. The notice must contain the following information:
Name of the member;The mortgage loan account number; andDetails about the error the member believes has occurred.
A notice submitted on a payment coupon or other payment form is not considered a notice of error. Furthermore, duplicate notices must contain new and material information to support the asserted error.
Requests for information should be submitted in writing to Branch Manager, Bangor Federal Credit Union, P.O. Box 1161, Bangor ME 04402. A request for information about a mortgage loan should include the name of the member and mortgage loan account number.