Lay down roots with the help of local lenders
Home ownership is one of life’s joys that we believe should be experienced by everyone. If you’re looking to purchase your first home or move into a new home, Northern Skies Federal Credit Union is here for you.
We offer financing programs to get you the lowest rate possible and customized terms to fit your home-buying budget. Our Anchorage lenders will guide you through the mortgage process and make it as stress-free as possible — so the only thing you have to worry about is sprucing up your new nest!
Borrow up to $15,000.00 without any equity in your residence. Closing costs are minimal and since this is a revolving credit line, it can be used over and over again for up to five years.
No equity — no problem! Whether you need a loan to pay off those high interest bills, for home improvements, or whatever, a Mini-Mortgage is a great fixed-rate program for any homeowner. Borrow up to $15,000 using your primary residence in the state of Alaska as collateral on a loan for up to 48 months. In addition to low closing costs, you may even be eligible for added tax benefits*.
Draw funds as you need them up to a pre-approved amount. Unlike a standard home equity loan, you only pay interest on the amount that you use rather than the whole amount. You can access funds easily when you need them with little or no paperwork.
If you're looking to lock in at a low-rate and don't need to access additional funds, our Fixed Rate loan option may be just right for you.
Dreaming of owning a cabin out by Kuskokwim River? Let us help! Owning a great piece of recreational property may be easier than you think with financing from Northern Skies FCU. Enjoy affordable payments with a low fixed interest rate and generous terms.
*Consult your tax advisor.
*APR = Annual Percentage Rate.
A member must be 18 years of age or more to be granted a loan.
Northern Skies is an Equal Housing Lender.