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Real Estate
Home is more than “where the heart is.” Your home is a powerful economic engine which can help you build a successful financial future, and Denali Alaskan’s Real Estate Department has a number of loan programs which may help you build or improve your home, buy vacation land, and more! If you can dream it, Real Estate can help you fund it with terms to fit your financial needs. Contact us at 257-9416 (or toll-free outside of Anchorage, 800/764-1123, ext. 416) today.
Home Equity: The equity in your home can help you finance home improvements, education, once-in-a-lifetime vacations and much more. We give you the flexibility to use your home equity for its best advantage with a Home Equity Line of Credit (HELOC), and Denali Alaskan is one of the few financial institutions which gives you the opportunity to borrow up to 80% of the loan-to-value ratio on your home (compared to 80% loan-to-value at most other financial institutions)!
You may be able to get a HELOC from Denali Alaskan without paying any closing fees! Plus, some HELOC loans may have tax advantages; make sure to check with a qualified tax advisor about the tax implications of a HELOC.
Construction: build your dream home! Our member interim construction loan provides short-term financing to fund the construction of your single-family detached home. Once you’ve completed construction, we can work with Denali Alaskan’s Mortgage Department to help you obtain long-term financing for your home.
FHA Title I Home Improvement Loan: If you don’t have any equity in your current home, but have the perfect deck or kitchen improvements in mind, consider an FHA Title I Home Improvement Loan. Alterations, repairs or additions made with this type of loan must become a permanent part of the property. Improvements which are considered “luxury” items by the U.S. Department of Housing & Urban Development are not eligible for FHA Title I Home Improvement Loans; ask us for details.
Vacant Land/Recreational Property: You’ve found the perfect place for a lakeside cabin, but don’t know where to turn for financing? Denali Alaskan may have the right loan to help you purchase or refinance vacation land or recreational property.
1st or 2nd Deeds of Trust: this program offers you the ability to obtain a loan using your home as security for the new loan. Denali Alaskan may take the first or second mortgage on your owner occupied home.
Things to know.
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