March/April ‘10 | 3
New low-rate Home Loan
Branch Representative Priscilla Bombard with Credit Union Member Michael Lashmet
Shopping for a home equity loan Michael Lashmet began his search for a 15-year home equity loan at Capital Communications. At the end of his first meeting, Branch Representative Priscilla Bombard was confident that Michael would find what he needed at the Credit Union. “I sat with Michael at the beginning of his search,” Priscilla said. “I told him he’d be back.” Michael cited a low interest rate, the convenience of the North Greenbush Branch and attentive service as reasons he chose the Credit Union. But those weren’t the only reasons. Michael is an 18-year veteran at Defreestville Fire Department, which has 55 volunteers and covers half of North Greenbush. The fire department responds to about 400 fire and emergency medical service calls each year. They also conduct elementary school fire safety training lessons and the Credit
Union has donated savings bonds to boost those efforts. The bonds are used as incentives for children to get excited about fire safety lessons like stop, drop and roll. “The rate was good. They are convenient. The service was great. And I always appreciated that they supported the fire department,” Michael said. Mortgage and Refinance Center If you are buying a new home or looking to refinance your mortgage, call Capital Communications today. A member of our Lending Team will listen to your needs and find the best loan for you. Then, we’ll walk you through the entire process, from preapproval through closing. Apply online at capcomfcu.org, call us at (518) 458-2195 or (800) 468-5500 to set up an appointment, or start your application over the phone.
We recently unveiled a new lowrate 30-year Home Loan that is ideal for many homeowners and aspiring homebuyers. The loan features a low rate* for the first five years, which can help lower existing mortgage payments and free up cash. Use this loan to refinance an existing mortgage(s) or purchase a new home. • Loans amounts available from $10,000 to $417,000 • Five-year draw period • Capital Communications will hold and service the loan • Free weekly or bi-weekly payment options • Low closing costs** • Easy to apply, and quick turn around To apply call us today at (518) 4582195 or (800) 468-5500. * Annual Percentage Rate. Mortgages in New York State only. All Line-of-Credit loans require a minimum initial advance of $5,000 and a minimum limit of $10,000. The rate quoted is based on a loan to value up to 80% in first mortgage position. Other rates/terms available. Sample payment for 4.25% is $5.07 per $1,000. Rates are effective 3/1/10 and are subject to change without notice. **New York State Mortgage Tax and county filing fee will apply. Additional closing costs will apply to home purchases. Credit Union membership required.
Homebuyers
Workshop
If you’re thinking that this is the year to buy a new home, we’ve got the answers you need. Date: Time:
Thursday, March 25 6-8 p.m. (Doors open at 5:30 p.m.)
Location: Main Office, 18 Computer Drive East To RSVP, contact our Training Department at (518) 458-2195 ext. 3168 or training@capcomfcu.org.