Mortgage Loans

“Home Sweet Home”

We offer 2nd Mortgage and Home Equity Loans with competitive rates.

Second Mortgages

Second Mortgage Loans

Use the equity in your home for renovation, vacation, debt consolidation, and more.


Take advantage of your home’s equity to help finance other valuable purchases with a fixed-rate Second Mortgage Loan.

  • Fixed rate, closed-end loan
  • Minimum loan amount $10,000 new money **Interest may be tax deductible *(consult your tax adviser)


Second Mortgage Application

Home Equity Loans

Home Equity Loans

Not sure how much you need to borrow? Not sure when you’ll need it? A Home Equity Line-of-Credit loan allows you the flexibility to draw on your pre-approved credit as you need it. Payment is based on your current loan balance.

  • Variable rate*, open-end loan
  • Minimum loan amount $10,000 new money **Interest may be tax deductible


Contact the loan department at (814) 899-6608 for more information on mortgage terms and interest rates, limits or fee schedules.   Mortgage loans are limited to primary residences located in Erie and Crawford counties in PA only. Property insurance is required. Membership is required. Membership share $5.00 par value (par value is not a fee). *Variable rate based on Prime Rate, rate subject to change quarterly. The annual percentage rate may increase after consummation of a Home Equity variable rate loan. The maximum annual percentage rate that may be imposed is 18.00% or the maximum permitted by law, whichever is less – the minimum floor annual percentage rate that can apply is 1.00%. **Consult a tax adviser regarding the Deductibility of interest.   Americo Federal Credit Union is an Equal Housing Lender licensed by the National Licensing System under NMLS #565406. View our current rates or access the Home Equity Loan Application.


TruStage® Home Insurance

As a member of Americo FCU, you have access to the TruStage® Insurance programs, made available by the companies of CUNA Mutual Group.   The TruStage® Insurance Programs work with carefully selected insurance partners who can offer credit union members discounted rates on various insurance products such as Home Insurance, Auto Insurance and Life Insurance. TruStage® products could save you money. Click here for your no-obligation quote.   TruState™ insurance products and programs are made available through TruStage Insurance Agency, LLC. Life insurance and AD&D insurance are issued by CMFG Life Insurance Company. Auto and Home Insurance Program are issued by leading insurance companies. The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by the credit union.