Real Estate Loans

Mortgage Loans

Purchasing a new home is exciting and NorState Federal Credit Union wants to make the loan process as exciting as the purchase. We'll help you get the payment that fits your lifestyle.

  • Fixed-Rate Mortgage terms of 10, 15, 20 and 30 years.
  • Adjustable Rate Mortgages (ARMS), amortized for as long as 30 years.
  • Fixed-Rate, Fixed-Term Home Equity Loans
  • Adjustable-Rate Home Equity Lines of Credit

NorState Federal Credit Union Advantages

  • Great rates *
  • Your loan stays in-house
  • Same rates for mobile homes with or without foundation
  • Affordable weekly or monthly payments
  • Loans available for secondary residences and mobile homes
  • Financing up to 90% of value or purchase price, whichever is less
  • Fixed rates (10, 15, 20 and 30 years)
  • Variable rates (1, 3 and 5 year locks)
  • Refinancing from other high-rate lenders available
  • Optional Life and Disability Insurance available at a reasonable cost

Home Equity Loans

NorState Federal Credit Union offers flexibility with your Home Equity Loans.

NorState Federal Credit Union Advantages

  • Great rates (Prime +0)
  • No prepayment penalties
  • No annual fees
  • Low closing costs
  • Quick close program
  • Loans available for secondary residences and mobile homes
  • Affordable weekly or monthly payments
  • Annual Percentage Rate will not exceed 15%
  • Repayment is only 1% of the outstanding balance
  • No minimum withdrawals
  • Variable Home Equity Program
  • Interest Only Home Equity Program (Pay interest only for 5 years with a variable monthly rate, reverting to 1.5% repayment of outstanding balance)
  • Home Equity Fixed Rates are also available (10,15 & 20 years)
  • Risk Based Pricing - Rates vary depending on your credit history and score
  • Optional Life and Disability Insurance available at a reasonable cost

*Rates vary depending on your credit history and score

What you should know about Home Equity Lines of Credit -

Contact us and we'll be glad to answer any questions you may have about loan alternatives, rates and the application process.


NorState Federal Credit Union Advantages

  • Low Rates
  • Your loan stays in-house
  • Affordable weekly or monthly payments
  • Small down payment
  • Easy application process

Easy application process

  • Apply online
  • Apply by phone: (800) 804-7555
  • Apply by mail: 78 Fox Street, Madawaska ME 04756
  • Apply in person at one of our branches

APPLY NOW        current rates