There's a faster way to becoming mortgage-free
Live mortgage free faster and pay less interest with our 8 and 12-year loans.
Lock in fixed rates so you can plan out your financial future.
We leave you with more money to pay down your loan principal.
Traditionally, mortgages lasted 30 years. Then 15-year loans got popular. But there are good reasons to go even lower. Our Advantage Mortgages offer a choice of terms for borrowers who want a faster route to owning their home free and clear.
- Advantage Mortgages often feature lower rates than our traditional home loans
- Eliminating debt faster can leave you with more money to spend on other wants and needs
- Paying off a home loan can increase your credit rating
- Good refinancing choice for homeowners who have paid off a large chunk of their initial mortgage
Sikorsky Credit Union has been named the #1 Credit Union in CT for the past four years and offers membership to those living, working, volunteering or worshiping in Fairfield, New Haven & Hartford counties.
Rates as low as
Rates as low as
Rates as low as
Frequently Asked Questions
A lender will look at your credit and work history, income, and assets to determine the maximum purchase price/loan amount you are qualified for based on current market interest rates. Once you get pre-approved, you’ll receive a letter stating how much you are qualified for (based on the information you provided).
It is important to remember that the amount you are qualified for can change if your circumstances change or if interest rates change. A mortgage pre-approval is very helpful when establishing your budget, and it makes you more attractive to sellers. If you are searching for new home, it makes sense to get pre-approved and provide your Real Estate Agent with your pre-approval letter so they can start showing you homes.
The mortgage pre-approval process is a much more thorough review of your finances. Your loan officer will pull and review your credit and complete a comprehensive review of your work history, income documentation (W-2’s, tax returns), and available assets (bank and investments statements). Getting pre-approved will help you make an offer with confidence knowing the lender has most of the information needed to make a loan decision that is not associated with the property (i.e., appraisal, title search, homeowner association rules).
Getting pre-approved at Sikorsky Credit Union is quick and easy! Some of the documents you will want to get ready include:
- Personal identification
- Most recent month of pay stubs
- Last two months of bank and asset statements (all pages)
- W-2's from the last two years
Once you have everything you need, you can contact a Home Loan Consultant directly to schedule a face-to-face appointment at one of our branch offices. Or, if you prefer, you can apply online and someone will be in touch. Our Home Loan Consultants live and work in the communities we serve and offer personalized service tailored to your individual needs. They will be with you from start to finish to answer any questions you may have and guide you along the way. Once you are pre-approved, you will receive your letter and you can let your home buying journey begin.