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We will close at 2pm on Tuesday, December 24, through Wednesday, December 25, in observance of the Christmas Eve and Day.
Notice: A recent system upgrade reorganized the address fields for some of our Westerra card members, which triggered a change of address letter to be sent. No action is required.
Beware of text message fraud. We will not call you to verify transactions. Call 303-321-4209 or 1-800-858-7212 with any questions.
Security Alert: Scammers reported to be impersonating WCU with spoofed phone #s. Read more.
Denver, CO – July 24, 2023 – Westerra Credit Union has launched a groundbreaking financing program that streamlines loans for new home construction or renovation projects. The “One-Time Close Construction-to-Permanent Loan” is a hassle-free solution for homeowners who, traditionally, faced the daunting task of securing separate loans for construction and permanent financing. With this unique loan program, members benefit from a simple, efficient and cost-effective financing experience.
During the construction period, which typically lasts between 12 to 18 months, the One-Time Close Construction-to-Permanent Loan operates on an interest-only structure. This allows homeowners to save money by only paying interest on the amount used during construction. After completion, the loan smoothly converts to permanent financing (subject to Westerra's underwriting requirements).
“Our One-Time Close Construction-to-Permanent Loan is a testament to helping our members’ dream homes come to life,” said Jeff White, Westerra's Director of Mortgage Development and Sales. “We take pride in being a local credit union, which gives us an understanding of the market, and the needs of our members compared to larger banks that process loans out of other regions."
Key benefits of Westerra's One-Time Close Construction-to-Permanent Loan include:
A streamlined process that saves both time and money.
A secured permanent loan rate during the construction period of the loan, which protects homeowners from potential interest rate increases during the construction loan period. It also gives them the potential opportunity to take advantage of lower interest rates should rates improve during the construction period.
Interest-only payments during the construction phase minimizes financial strain.
Flexible terms to suit individual needs and preferences.
Enhanced financial security and confidence for members as they embark on their home construction or renovation projects.
For more information about Westerra Credit Union's One-Time Close Construction-to-Permanent Loan, schedule an appointment with a mortgage loan officer or visit westerracu.com/borrowing/homes to learn more. Equal Housing Opportunity. Credit Union membership qualifications required. Credit qualifications may apply. All loans subject to final credit approval. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.
We are excited to announce that we will be hosting our annual all staff meeting and afternoon of service, "Volunterra" this Thursday from 12:00-5:00 P.M. MDT. During this meeting staff will work together to build kits to help support our community.
Westerra is reaffirming its dedication to supporting local students and schools through a series of impactful initiatives that include comprehensive financial literacy programs, career development workshops, and more.
We are excited to announce the opening of our new Littleton location! Join us for our Grand Opening Event on October 5th from 10:00 am to 1:00 pm where there will be swag, a raffle for 2 beach cruisers, refreshments and an opportunity to meet Dinger!
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States government. National Credit Union Administration, a U.S. government agency. Westerra is only 1 of 3 credit unions recognized on Newsweek's "2024 Best Regional Banks and Credit Unions" annual list.
Equal Housing Opportunity.
Mailing Address:
P.O. Box 9408