Home Loans
& Mortgages

• Don't lose your low interest rate in order to renovate your home!
• Fixed interest rate!
• Obtain renovation financing without refinancing your existing mortgage
• 2nd lien position loan
• The property must conform to all applicable zoning and occupancy regulations. In the case of a non-conforming home, the second mortgage must be used to bring the property up to conforming standards.
• The maximum loan amount differs depending on the method of valuating the property: $318,075 maximum with a new appraisal based on the 'as completed value assigned'; $100,000 maximum for properties valued by tax assessment, current Broker's Opinion of Value, or appraisal dated within 3 years.
• Maximum term is 15 years
• Fixed interest rate based on the Alaska Housing Finance Corp. My Home or Rural 15-year rate plus 0.5%

• Rural housing benefits
• First time homebuyer benefits
• Possible energy efficient rate reductions
• Combine with USDA for zero down payment

• Alaska Native and Native American home loans
• Low down payment options
• Relaxed credit score standards

• Non-conforming properties including: non-qualified condominiums; mobile homes on property; mobile homes in commercial parks; and cabins.
• Faster closing times

Inching along with a long-term mortgage? Break free with a Butterfly loan!

• Fast turn around
• Low closing costs
• Short term, quick payoff (5- and 7-years)

Use the hard-earned equity in your home for education, home improvement, debt consolidation, or whatever need you have.

• New loan or refinance
• Fixed terms available at fixed rates
• Interest may be tax deductible

The perfect financial tool for emergencies, repairs, vacations, unexpected expenses of all types.

• No annual fees
• May be used as overdraft protection for your checking account
• Make a draw when you need extra cash

• 1-4 family rental properties
• Affordable closing costs

• Fixed Rates Available
• Varying terms up to 12 years