Home Loan Services

Whether buying a home or refinancing... let RWCU and CU Companies save you time and money!

Red Wing Credit Union has partnered with CU Companies to bring you mortgage and title services -- all in one local location. You can arrange a mortgage and close on your home all at the same place. And refinancing your home is easy!

Contact CU Companies at 651-631-3111 or log on to www.cucompanies.com and request a mortgage package today.

Make your dreams of home ownership a reality with CU Mortgage.

*CU Companies is owned and recommended by your Credit Union. 

  Home Equity  Loans

• This loan is usually tax-deductible and can be used for most anything, including the purchase of a vehicle, tuition, vacation, debt consolidation, home improvements and more!

• Loans up to 100% of the value of your home & Terms up to 20 years

• Call Rhonda at 651-267-4213 or Traci at 651-267-4214.

  Home Improvement Loans

• This loan is usually tax-deductible and can be used for any repairs or additions to your home

• Lower equity requirements than other types of loans, and terms up to 20 years

• Call Rhonda at 651-267-4213 or Traci at 651-267-4214.

  Are You Protected?

Is your family home secure, should something happen to you? There are several insurance options available covering a variety of concerns. Which plan is right for you? Visit MEMBERS Financial Services to learn more.

EARN TAX CREDITS
Make Energy Efficient Home Improvements

If you can come up with the cash, and the Red Wing Credit Union can help with that, make energy-efficient home improvements now to receive savings from tax credits and lower energy bills.

Thanks to the newly enacted economic stimulus provisions, you may be eligible for federal tax credits, which generally are more valuable than tax deductions. A deduction reduces taxable income based on your tax bracket, while a credit gives you 100% of the credit back and is not based on income.

Here is an example: If you’re in the 35% tax bracket, a $1,000 deduction reduces your tax bill by $350, but a $1,000 tax credit reduces your tax bill by the full $1,000. You claim the credit when you file your federal income tax return.

Tax credits are available for 30% of the cost of these energy-efficient home improvements up to $1,500, through 2010, for existing primary homes only:

• Energy-efficient furnaces, air conditioners, heat pumps, or boilers
• Insulation
• Skylights, storm windows and doors
• Non-solar water heaters
• Roofs (metal and asphalt)
• Biomass stoves

Tax credits are available for up to 30% of the cost of these energy-efficient home improvements with no maximum dollar amount, through 2016, for existing primary homes, new home construction, rentals and secondary homes:

• Geothermal (ground-source) heat pumps
• Solar panels
• Solar water heaters
• Small wind energy systems

For more details about energy-efficient improvements, tax credits and qualifications, visit Alliance to Save Energy at www.ase.org, the Weatherization Source at www.weatherizationsource.com, and Energy Star at www.energystar.gov.

Call or stop in and visit with a Red Wing Credit Union loan
specialist for information about loans to help you make these cost-effective improvements.

    
Federally insured by NCUA
    up to $250,000

[Online Services] [Loans] [Checking] [Savings] [About Us] [Search Our Site] [Home] 

       ©2008 Red Wing Credit Union | Red Wing, Minnesota
                    Web site maintained by CU*Online