Connex Federal Credit UnionImproving the lives of our members... one member at a time

Member Products & Services

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MORTGAGE PRODUCTS

First Mortgage

 

MortgageClick® : Check Rates, Learn About Mortgages and Apply Online for a Mortgage Anytime

With MortgageClick®, applying for a mortgage has never been easier. Connex offers online mortgage application and approval 24 hours a day, seven days a week, plus many other helpful features to help you evaluate your options, estimate payments, check rates and more.

 

  Choose - Let MortgageClick® help you find a program that is right for you. We'll walk you through the process, explain loan options, help you research rates and provide infromation so you can make an informed decision.
  Apply - After you have selected your loan program, log on anytime, day or night, to complete our streamlined application and have a loan answer within 15 minutes. Once you have submitted your application, you can view your status and communicate with MortgageClick® during the entire process.  You can always call and speak to someone at                 
1-877-428-6678.
   Learn - If you're not quite ready to apply for your mortgage, MortgageClick® is still the place to go to learn about the mortgage process, first-time home buyers programs, purchasing or refinancing information.
   More - Click here to learn more about MortgageClick® privacy policy, insurance and property information.

Already Approved? Click here to check your status now.

Click here to reach MortgageClick® 24 hours a day, seven days a week.  Or call 1-877-428-6678 to speak to someone about a mortgage loan.

Reverse Mortgage Solution

A Reverse Mortgage is a loan that allows homeowners to tap into the equity in their homes. The funds from a Reverse Mortgage can be used for anything: daily living expenses, home repairs or modifications, health care expenses, to pay off existing debt, and other needs. Reverse mortgages are especially attractive to homeowners who have retired and no longer have sufficient income to qualify for traditional home equity loans.

At Connex Credit Union, we've developed a home equity product that answers the needs of members who want the cash flow potential of a Reverse Mortgage, without the high fees. Our equity solution allows members to establish a line of credit, using their home's equity as collateral, with no points, closing costs, or servicing fees. And, there are no income qualifications.

If you or your family members have considered a Reverse Mortgage, our Equity Solution product can provide a viable alternative.

In addition, Connex has a service, available to our senior members, that offers a government insured Reverse Mortgage to any homeowner, age 62 or older, with equity in their home. A Reverse Mortgage can reduce your monthly expenses and subsidize your monthly income.

Since your home is probably your largest single investment it is important that homeowners consider their plans carefully and get appropriate advice from an attorney, accountant or other reliable professional source before making decisions. We suggest also visiting the AARP website to review articles regarding reverse mortgages and to see how Connex Credit Union's "Equity Solution" product compares.

To take advantage of the equity in your home, contact a qualified Mortgage Specialist today and learn more about this exciting opportunity with no obligation. Call toll-free 1-800-CR-UNION, ext. 5720, or 203-603-5720.

1Membership is open to anyone who lives, works, worships or attends school in New Haven, Hartford or Middlesex Counties.

*Rate quoted in effect July 20, 2010; subject to change without notice. Rate may be higher based on your credit score, property type, loan to value ratio and other factors. Homeowners insurance is required on all mortgage loans. If the down payment is less than 20% and based on the selected program and the term of the loan, monthly mortgage insurance may be required.

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