Home Loans
There's no place like home.

From home purchases, to refinancing and home improvement projects, Skyward Credit Union can meet your needs with the right home loan.

Skyward Credit Union is here to help you with all your home loan needs. Whether you are looking to purchase a home, refinance your current home, or complete a home project – we have the right loan product for you. Our home loan specialists are eager to serve you! And, pre-approvals are free.

Learn more about each of our home loans.

  • 1st Mortgage

    Buying a new home or re-financing, we can help!

    From the beginning of your home search, to the moment the keys are placed in your hands, Skyward Credit Union is with you every step of the way. We understand the home buying process can be overwhelming which is why our home loan specialists are here to help you and answer any questions you may have.

    Skyward now offers Veterans Administration (VA), Federal Housing Administration (FHA), and USDA Rural Development loans. Please call one of our mortgage specialists for more information at 833-759-1941.

    View Rates Apply Online

  • Home Equity Line of Credit

    You can have quick access to your funds with this adjustable-rate Line of Credit. To receive your line of credit, choose what is most convenient for you: a check, cash, or a deposit to an existing savings or checking account. To access your funds, you call 833-759-1941 or use Online Banking for transfers.

    Features include:

    • Up to 12-year Repayment
    • Minimum Line of Credit is $10,000
    • Maximum Line of Credit is $150,000
    • Five-year renewable advance period
    • $100 per month minimum payment
    • $5000 minimum advance must be taken at closing
    • $500 minimum subsequent advances
    • First three advances per quarter are free; $5.00 per additional advance
    • The finance charge begins to accrue on the date each advance is posted to the credit limit and accrues for each day the balance remains unpaid

    To apply, these five items are required to process your loan:

    1. Real Estate Loan Application  PDF file  
    2. Agreement to Provide Homeowner’s Insurance Form  PDF file  
    3. First Mortgage Questionnaire  PDF file  
    4. Copy of Statutory Warranty Deed (Ownership & Legal Description)
    5. Income Verification (Pay stub or 1040 Tax Forms)

    Other Important Information:

    • First and 2nd mortgages only; 3rd mortgages not available
    • Home equity only; not available for purchases
    • Owner-occupied Kansas and Oklahoma property only
    • Equity loans not available with co-signers
    • No pre-payment penalty
    • Home Equity Line of Credit Disclosure PDF file
    • Rate calculation 
    Loan to Value Term Variable Rate Based on: Rate Floor
    Up to 80% Up to 144 months Prime (Index) 5.00%
    Over 80% - 90% Up tp 144 months Prime plus 3/4% (Margin) 5.75%
    • Rate adjustment twice annually in February and August
    • Cap on rate changes: 1% per adjustment
    • Cap on adjustments: 7% maximum over the term of the loan
    • A.P.R. can never exceed 18% or fall below 5%. May be up to 90% of Property Value as evidenced by an alternative valuation method or Certified Professional Appraisal.

    View Rates Apply Online

  • 2nd Mortgage

    Put Your Equity to Work!

    Single-advance Fixed Rate Home Equity Loans are available up to 120 months providing an economical loan based on the equity in your property. Loan proceeds can be used for home improvements, bill consolidation, vacations, tuition, or purchasing a new vehicle.

    To apply, there are five items required to process your loan:

    Borrow Your Equity Based on the Following:

    May be up to 90% of Property Value as evidenced by an Alternative Calculation Method or Certified Professional Appraisal.

    Additional Information:

    • Borrow from $10,000.00 to $100,000.00 with a maximum 10-year payback
    • Fixed Rate Closed-end Loans up to 80% loan to value are available.
    • Borrow your equity based on the following: Drive by Appraisal or Certified Appraisal
    • No Escrow

    View Rates Apply Online

The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act) mandates a federal registry for credit unions and their employees who are “mortgage loan originators” (MLOs). You can view a list of our MLO’s by clicking here.

Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials.
HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s website (www.consumerfinance.gov/hmda).
Do you have a question or complaint about your Home Loan? Please tell us about it. Use our Contact Us message form