Mortgages. Parents and baby playing in their new house.

Whether you are looking to buy your first home, refinance, or open a Home Equity Line of Credit (HELOC), CFE has the right product for you. Navigating through a mortgage process is an exciting and important financial step. Contact us and our home loan specialists will guide you through the process. All of our mortgage products have no pre-payment penalties.

CFE Mortgage Products


First Time Homebuyer

Thinking about buying your first home? CFE is here to make your dream of owning your own home a reality. 


Your future home is waiting for you with as little as 3% of the purchase price down and affordable closing costs. 

Fixed Rate Mortgage

A Fixed Rate Mortgage is our most popular and low-risk loan option available. It can be used to purchase a home or to refinance an existing mortgage.


The interest rate remains the same throughout the term of the loan so you can plan out your monthly payments which generally stay the same year after year.

Adjustable Rate Mortgage

An Adjustable Rate Mortgage (ARM) is perfect for homeowners planning to sell or refinance your home within 3 to 10 years.


The interest rate and payment are fixed for 3, 5, 7, or 10 years and then adjust annually thereafter. The initial rate is typically lower than a fixed rate mortgage.

Fast Track Refinance Mortgage 

CFE’s Fast Track Refinance Mortgage is perfect for those wanting to pay off their mortgage in 5 or 10 years at a low fixed Annual Percentage Rate.


Pay off your mortgage before you retire. This low-rate mortgage offers a quick closing time and low closing costs.

Investment Property Loan

An Investment Property Loan is designed for those wanting to build a financial future by generating income with a non-owner occupied property.


A 15-year term, competitive rates, and availability for purchase or refinancing are perfect reasons to apply today.

Lot Loan

For those who have found the perfect piece of land and now want to start building a dream home, CFE’s Lot Loan is a great option.


With a 5-year fixed rate and a maximum loan amount of $300,000, the Lot Loan will help secure the perfect spot for a home.

Home Equity Line of Credit

A Home Equity Line of Credit (HELOC) is an open-end revolving line of credit for home improvement, debt consolidation, or whatever you’re planning.


With a 20-year draw period, a minimum loan amount of $10,000, and CFE paying up to $1,000 in closing costs, your financing for your next project has never been easier with a HELOC.

Second Mortgage

A Second Mortgage is perfect for large scale projects such as renovations and additions to your current home.


With a 5, 10, or 15-year term and CFE paying up to $1,000 in closing costs, our fixed rate Second Mortgage will help transform your home with whatever project you have in mind.

Jumbo Mortgage

If you've set your sights on a higher priced home, consider applying for a Jumbo Mortgage with terms up to 30 years.


A Jumbo Mortgage can help finance your plans to upgrade to a higher priced home with a down payment as low as 5% and no pre-payment penalties. 

VA Loan

The VA loan is a great home buying product that is exclusive to those who have served in the military and select military spouses.


CFE partners with AmeriCU Mortgage Company to offer a VA loan with substantial cost savings to meet the unique needs of members of the military and their families.

Additional Mortgage Options

CFE also offers other resources for current and future homeowners.

Can your financial institution do all that?

A CFE membership is so much more than our Mortgage offerings. As a CFE member, you have access to highly competitive savings and lending rates, powerful financial products, and discounts on everyday products that add up to a lifetime of savings. Start experiencing membership today the CFE way.

Want additional information?