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Loan Programs

Apply for a loan today
Step One – Partnership Application
Step Two – Loan Application

Site Loans

Interest Rate:  5.5%

  Term:  Five Years
  Amortization:   20 years
  Maturity:  Five Years
  Minimum Down Payment:  30%

Construction Loans

Interest Rate:  5.5%

  Term:  Five year ARM*
  Amortization: 20 years
 
  Minimum Down Payment: 30%

Purchase Loans

Interest Rate:   5.0%
 
  Term:  Five year ARM*
  Amortization: 20 years

  Minimum Down Payment:  20%

* The index is the Five Year Treasury Constant Maturity Rate as published in the Wall Street Journal, rounded up to the nearest 1/8th%, plus a margin of 2.5% with a floor and ceiling of 1% at each 5 year anniversary.

Inquiries:
Sheila Kinzer
216-736-3820
kinzers@ucc.org

Application Forms:
Diane Sedlak
216-736-3834
sedlakd@ucc.org

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