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Increase the value of your Home
And with our Mortgage Blast package, you can get MORE -- a vehicle, furnishings, lightings and appliances all at a special interest rate
Save Money
- Low-interest rate on the reducing balance
- Purchasing solar water heaters retrofitting homes to install LED lamps. Interest rate of 6% per annum on the reducing balance
- No loan processing fees
- No hidden charges
Peace of Mind
- 100% financing
- We can arrange affordable group homeowners insurance to protect your home if needed
Flexible
Safe
- Up to $150,000 in loan protection coverage at no cost
Convenience
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Legal matters are handled by our Legal Department
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Through a monthly standing order on salary, NCCU pays the annual premium on your homeowner's coverage
- A minimum of 5% of the total amount of the loan requested
- Detailed cost estimates (estimates of quantities)
- Member Shares based on the amount of loan
- For an extension to your house: Division of Planning approval and approved plans
- Employed persons -- most recent pay-slip or salary statement from your employer
- Self-employed persons -- recent financial statements of business
- Current market valuation of property and the Certificate of Title, or copy, if not lodged with NCCU
- Your NCCU passbook(s)
- A valid photo identification (eg. Social Security card or passport or driver's licence)
- Details of your liabilities and commitments (other loans, hire purchase, household expenses)
- If the approved loan is $77,000 and upwards or you are 50 years and older, a medical examination by an approved medical doctor is necessary for loan protection coverage
- Member Shares/Loans click here
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Loans 