Mortgage & Equity
Fast, easy affordable loans. Our low-cost, convenient mortgage loans come with a variety of payment terms. It is easy to apply in person, online or by phone or mail. Shoreline offers low-cost loans with a variety of payment terms to fit your budget.
We can help you finance the home of your dreams!
Shoreline Hometown Credit Union has been helping members achieve their financial dreams. And we keep finding new ways to serve you better. One way is by giving you great rates on fixed-rate home loans — delivered with local, Hometown Service.
Find out more by talking to one of our friendly, helpful Hometown Mortgage Lenders. We offer affordable 15 and 30 year fixed-rate mortgages for purchases and refinances. Apply today. These great rates are available for a limited time.
Shoreline is celebrating 80 years as Manitowoc County’s Hometown Credit Union as well as the Best of the Lakeshore Credit Union and Mortgage Lender.
Membership requirements apply. Loans subject to credit and collateral approvals. Rates are subject to change daily and without notice. Loans will not be serviced by Shoreline Credit Union. Purchase and limited cash out refinance options are available; however, these rates may differ from the advertised rate. Interest Rate = 2.125%. Annual Percentage Rate (APR) = 2.325%. The listed APR is based on borrower’s credit worthiness and loan to value (LTV). Credit score of 720 or greater and 80% LTV was used for payment example. As an example, payment would be $659 per $100,000 for a 15-year fixed rate amortization. This example does not include taxes and insurance premiums, if applicable, and that the actual payment obligation will be higher if included.
Equal Housing Opportunity. Federally Insured by the NCUA.
Mortgage Rates:
Closing costs used for a purchase assuming / A credit / <80% LTV / $100,000 loan amount.
| Term | Rate | APR | Monthly Payment |
|---|---|---|---|
| 30 Year Fixed | 3.250% | 3.32% | $435.21 |
| 20 Year Fixed | 2.990% | 3.09% | $554.10 |
| 15 Year Fixed | 2.500% | 2.63% | $666.79 |
| 10 Year Fixed | 2.250% | 2.33% | $931.37 |
Second Mortgage Rates:
Closing Costs used for Second Mortgage Equity Loan / A Credit / <80% LTV / $50,000 loan amount.
| Term | Rate | APR | Monthly Payment |
|---|---|---|---|
| 20 Year Fixed | 3.625% | 3.67% | $586.40 |
| 15 Year Fixed | 3.125% | 3.18% | $696.61 |
| 10 Year Fixed | 2.875% | 2.92% | $959.85 |
Home Equity Line of Credit Rates
Establish a credit line with your home’s equity.
| Loan-to-Value | 740> Credit Grade* | 739-680 Credit Grade* | 679-640 Credit Grade* |
|---|---|---|---|
| 80% or Less | Prime | Prime + .25 | Prime + .50 |
| 80.01% – 89.99%+ | Prime + 1.00 | Prime + 1.25 | Prime + 1.50 |
Options Include:
- Purchases
- Refinances
- Pre-approvals
- Low money down program
- First and Second mortgages
- Home equity loans Apply today*
- 5, 7, 10, 13, 15, 20 and 30 year fixed-rate mortgages
- Additional Mortgage Loan Products
- VA Loans
- USDA Loans
- WHEDA Loans
- FHA Loans
Bring these items in when applying for a Mortgage
- Two years employment history
- Two years of federal income tax returns (W-2, I-9 and all schedules)
- Two months of financial statements
- One month of pay stubs
- Child support or alimony received documentation
- Pension, disability or Social Security income requires current awards letter and three months of payment proof
- Copy of property data sheet and offer to purchase documents
- If refinancing — a copy of the property tax bill, home owners insurance, current mortgage statement (HARP streamline refinances require original Note and HUD settlement statement)
- Child support or alimony court order if paying
- If divorced — copy of divorce decree.
Shoreline Lending Experts who can assist you with your loan requirements:
Nicole Hurlbert
920-794-5503
NMLS ID 1121905/409479
HurlbertN@ShorelineCU.org
3131 Mishicot Rd.
Two Rivers, WI 54241
Andrea Schmitt
920-794-2115
NMLS ID 441422/409479
SchmittA@ShorelineCU.org
4400 Calumet Ave.
Manitowoc, WI 54220
Ryan Angst
920-482-3775
NMLS ID 776482/409479
AngstR@ShorelineCU.org
4400 Calumet Ave.
Manitowoc, WI 54220
Adria Pekarek
920-482-3706
NMLS ID 2045751/409479
PekarekA@ShorelineCU.org
4400 Calumet Ave.
Manitowoc, WI 54220
Bank from home! For first available Hometown Lender, email us Here.