Mortgage & Home Equity

Making Your Dreams Come True

Whatever your life stage or circumstance, Baylands has the home loan for you.  With a diverse offering in mortgage products, Baylands can help you accomplish your dream of owning a home, or help you to save money by using the equity in your current home to consolidate debt, pay for college, or cover expenses for that European vacation you’ve always wanted to take.

Get pre-qualified or discuss your options with our Home Team.  Ask today!

Mortgage Application HELOC Application

Mortgage Solutions

  • Home Purchases – Whether it’s your first home, the house you’re planning to retire in, or one in between, you can count on Baylands to help get you there!
  • Mortgage Refinancing – You may want to lower your monthly payment, tap into your home’s equity or even change the loan terms.  Whatever your reason for refinancing, Baylands has the tools to help.
  • Home Equity Loans – Fix, change or rearrange!  Use the value in your home to help remodel the kitchen, repair the roof, or purchase energy-efficient appliances.  Give your home a fresh, new look while helping to increase the value of your investment
  • Home Equity Lines of Credit – Get the financial flexibility you need, and then get your project underway.  With a home equity line of credit, you don’t need to take funds in a lump sum.  You can draw on the line of credit as needs arise.
  • Land Loans – Found land, but not ready to build?  We offer qualified borrowers residential lot loans for the purpose of building a primary residence.  Already have a lot loan, but looking for better rates and terms?  We can help with refinancing.
  • Jumbo Loans – Sometimes a conventional mortgage just isn’t enough. Maybe you’re buying a large home or live in an area where housing costs are high.  If that’s the case, a jumbo loan may do the trick.
  • Reverse Mortgages – A reverse mortgage enables homeowners age 62 years and older to convert part of the equity in their homes into tax-free* income without having to sell their home, give up the title, or take on a new monthly mortgage payment.  The reverse mortgage earned its nickname because the payment stream is “reversed.” Instead of making monthly payments to a lender, as with a regular mortgage, a lender makes payments to you.
  • Government Loans (FHA/VA) – If you are a veteran, active duty military, reservist, or National Guard member, a VA loan may be the best option to help you buy or refinance your home.  With this type of home loan, the U.S. Department of Veteran’s Affairs backs the loan so you may be eligible for a lower down payment, lower closing costs, and additional loan protections.  The FHA (Federal Housing Administration), part of the U.S. Department of Housing & Urban Development (HUD), backs the FHA loan program so you receive lower down payment and closing costs.  See Baylands’ Home Team for more information.
* Consult your tax professional.

Why Baylands should be your first choice:

  • Personal, Friendly, Confidential Service
  • Your trusted, member-owned community credit union since 1946
  • Variety of terms available
  • No Prepayment Penalties
  • Competitive Closing Costs
  • Free Pre-Qualification for Purchases
  • Financing Available for Primary Residences, Second Homes, and Investment Properties

Looking out for your best interest is our #1 priority !