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Last Updated: 04/18/2025

Abound Credit Union Vacation Property Loan

in Home Mortgage Loans from Abound Credit Union

Last Updated: 04/18/2025

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Credit Score Range

N/A


Amount Range

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Loan Term (Years)

Up to 15

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Abound Credit Union Vacation Property Loan Review

Abound Credit Union Vacation Property Loan is offered by Abound Credit Union (NMLS #402678), a credit union founded in 1950 and based in Radcliff, KY. Abound Credit Union Vacation Property Loan are available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
  • Standard interest rates types. Abound Credit Union Vacation Property Loan offers adjustable-rate mortgages and fixed-rate mortgages.
  • No primary residences considered. Abound Credit Union Vacation Property Loan does not offer financing for primary homes.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Abound Credit Union Vacation Property Loan Pros & Cons

Abound Credit Union Vacation Property Loan FAQ

What is the maximum loan term you can get with Abound Credit Union Vacation Property Loan?

Abound Credit Union Vacation Property Loan offers mortgages with a maximum term of 15 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What mortgage rates does Abound Credit Union offer?

Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.

Do they charge mortgage origination fees?

Yes, Abound Credit Union Vacation Property Loan may charge a loan origination fee .

What property usage types does Abound Credit Union Vacation Property Loan allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Abound Credit Union Vacation Property Loan allows the following property usage types:
  • Investment properties and house flipping projects

What is the customer service phone number?

The customer service number for Abound Credit Union Vacation Property Loan is (800) 285-5669.

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Contact

Headquarters

3939 S Dixie Blvd
Radcliff, KY 40160
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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