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Home Equity Loans
Put the equity in your home to work for you with a home equity loan from the Credit Union. Our flexible home equity loans allow you to borrow up to 80% of your home’s equity. Use the money to buy a car, take a vacation, remodel your home or pay for your child’s tuition. The possibilities are endless! Email us or call (800) 436-8328 to apply for a home equity loan.
- Affordable low rates.
- Maximum term of 15 years.
- Credit life and disability insurance available (certain limitations apply).
Mortgage Loans
We understand your desire to own your dream home and have a place to call your own. We also understand your needs may be different from your neighbor’s. That’s why we offer a wide array of mortgage loans at the Credit Union so we have the perfect loan to meet your individual needs. Whether you are purchasing your first home, refinancing your existing home, building the home of your dreams or purchasing land, we have the right mortgage loan for you. Our mortgage rates are updated daily. Email us or call (800) 436-8328 for current rates.
- 10, 15, 20, 30 or 40 year mortgages.
- Rates change daily. Call or email us for current rates.
- Mortgage life insurance available.
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Homebuyer Class Series
Money Management International, 615 Chevelle Court Baton Rouge, LA 70806
Tuesday, 5 p.m. - 9 p.m.
August 5th – Session 1 & 2
August 12th – Session 3 & 4
August 19th – Session 5 & 6
August 26th – Session 7 & 8
Registration Mandatory. Please contact Keri Davis at kdavis@ladotdfcu.org or 225-243-0500
Money Management International, 615 Chevelle Court Baton Rouge, LA 70806
Wednesday, 8 a.m. – 12 p.m.
July 9th - Session 1 & 2
July 16th - Session 3 & 4
July 23rd - Session 5 & 6
July 30th - Session 7 & 8
Registration Mandatory. Please contact Keri Davis at kdavis@ladotdfcu.org or 225-243-0500
Livingston Literacy Center, 9261 Florida Blvd, Walker, LA 70785, 225-667-5268
Thursday, 5 p.m. - 9 p.m.
July 10th – Session 1 & 2
July 17th – Session 3 & 4
July 24th – Session 5 & 6
July 31st – Session 7 & 8
Registration Mandatory. Please contact Keri Davis at kdavis@ladotdfcu.org or 225-243-0500
We are one of the partner agencies in the Louisiana Asset Building Initiative which provides an Individual Development Account (IDA) program to help low wealth families become home owners through our partnership with Southern University's Center for Social Research. The state of Louisiana provides the seed money and the eligible participants are required to save $1,000 and complete required financial literacy and asset specific training classes to receive a 4 to 1 match of $4000. IDAs are one of the most promising tools that enable low-wealth American families to save, build assets, and enter the financial mainstream. To get more information on the IDA program, call Keri Davis, of the Earn Foundation at 225-243-0500 or email her at kdavis@ladotdfcu.org .
Participants must have a copy of their social security card/state identification card; 2007 W-2 and 2007 tax returns; the 2 most recent pay stubs for all family members employed.Income eligibility guidelines: Maximum Income by Household Size
Household Size of: 2 $28,000
3 $35,200
4 $42,400
5 $49,600
6 $56,800
7 $64,000
8 $7,200
For each additional person add $7,200.Clients must have some sources of income. Income is defined as: money wages and salaries before any deductions, net receipts from non-farm or farm self-employed (receipts from a person's own business or from an owned or rented farm after deductions for business or farm expenses.) Applicants should be able and willing to attend financial education and asset-specific training courses. Applicant should also be able to track individual/household expenses, and establish a reasonable spending plan which will include savings 4% of their monthly earned income. Each participant should be able to complete the program requirements and close on their home within the program timeline.
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