Offering Ideal Mortgage Solutions
Shell FCU offers ideal mortgage financing with low down payment options, no closing cost programs and pick your term solutions.
With something to offer everyone, choices include fixed and adjustable-rate purchase and refinance loans for primary residences, second homes and investment properties.
Primary Residence
10 to 30 year fixed rate terms available up to 97% financing
OR
5 to 15 year or 20 & 30 year fixed rate terms available
with no closing costs options up to 95% financing
Second Home
90% financing for second homes
NO closing cost options on all 10, 15, 20 and 30 year terms
Investment Property
10 to 30 year terms up to 85% financing for purchases,
up to 75% for refinances
Cash out options available
3% Down
Conventional fixed rate mortgages similar to an
FHA mortgage with repayment terms up to 30 years
Can be used to purchase or refinance any
primary residence up to $647,200
No Closing Costs
Pick your term up to 15 years or 20 & 30 year fixed rate terms available
No closing cost options up to 95% financing
Adjustable-Rate Mortgage (ARM)
Up to 95% financing for primary residence,
90% financing for a second home,
85% for Investment property purchase,
and 75% for Investment property refinance
The loan begins with an initial fixed period, followed
by an adjustable period during which the interest rate is
subject to change based on current market conditions.
3/6, 5/6, 7/6 & 10/6 terms*
The left number indicates the fixed term in years, while the right
number represents how frequently the rate will adjust in months
*Adjustable-rate mortgages are variable, and your annual percentage rate may increase or
decrease after the original fixed rate period. Terms are subject to market availability.
Shell FCU is Federally insured by the National Credit Union Administration (NCUA) and is an Equal Opportunity Lender. Anyone who lives, works, worships, attends school, or regularly conducts business in Harris County, TX can bank with Shell FCU once a $5 savings account is established for membership. Mortgage rates and monthly payments are based on personal credit history and underwriting criteria. The no closing cost mortgage program includes all nonrecurring closing costs, except an owner's title policy. Limit one Shell FCU no closing cost mortgage per property. Shell FCU does not offer manufactured home, condo, or construction loans. Shell FCU reserves the right to discontinue any promotion at any time for any reason without notice.