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Last Updated: 04/18/2025

Georgia United CU Adjustable Rate Mortgages

in Home Mortgage Loans from Georgia United Credit Union

Last Updated: 04/18/2025

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Credit Score Range

N/A


Amount Range

Up to $2,000,000

Loan Term (Years)

Up to 30

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Georgia United CU Adjustable Rate Mortgages Review

Georgia United CU Adjustable Rate Mortgages is offered by Georgia United Credit Union (NMLS #483426), a credit union founded in 1958 and based in Duluth, GA. Georgia United CU Adjustable Rate Mortgages 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. Georgia United CU Adjustable Rate Mortgages offers option ARM mortgages adjustable-rate mortgages and fixed-rate mortgages.
  • No primary residences considered. Georgia United CU Adjustable Rate Mortgages 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.
  • High maximum LTV ratio. Georgia United CU Adjustable Rate Mortgages has a maximum loan to value ratio of 100%, which is higher than average. Most lenders want you to have at least 20% equity.

Georgia United CU Adjustable Rate Mortgages Pros & Cons

Georgia United CU Adjustable Rate Mortgages FAQ

How much can you borrow via Georgia United Credit Union?

Georgia United CU Adjustable Rate Mortgages allows borrowers to apply for loan amounts of up to $2,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.

What is the maximum loan term you can get with Georgia United CU Adjustable Rate Mortgages?

Georgia United CU Adjustable Rate Mortgages offers mortgages with a maximum term of 30 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 Georgia United 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, Georgia United CU Adjustable Rate Mortgages may charge a loan origination fee .

What is the customer service phone number?

The customer service number for Georgia United CU Adjustable Rate Mortgages is (888) 493-4328.

What is the support contact email?

The support contact email for is email@gucu.org.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

6705 Sugarloaf Pkwy
Duluth, GA 30097
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
10:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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