Real Estate Center

Whether you’re looking for your first home or wanting to refinance, we’ve got a loan for you! We also offer loans for home remodels, unimproved land, and nearly anything you need, with the equity in your home.

Home Equity Loans

What is the smartest way to finance your home remodel, new pool, or other large purchase over $10,000? A Chocolate Bayou Home Equity Loan, of course! Put your home’s equity to work for you.

  • No application fees
  • No prepayment penalties
  • Low, fixed rates and flexible terms
  • Quick and easy application process

lending-lisa-carter-lending-managerSchedule a consultation with resident Real Estate expert, Lisa Carter
(281) 331-2253 x 1139
Lisa.Carter@ChocolateBayou.org
NMLS# 941501
FCU NMLS# 420273

Home Purchases & Refinances

Whether you’re looking to buy your first home, refinance your current home, or purchase a rental or investment property, a Chocolate Bayou Mortgage Loan can help you get there.

  • No application fees
  • No prepayment penalties
  • Low, fixed rates and flexible terms
  • Quick and easy application process

lending-lisa-carter-lending-managerSchedule a consultation with resident Real Estate expert, Lisa Carter
(281) 331-2253 x 1139
Lisa.Carter@ChocolateBayou.org
NMLS# 941501
FCU NMLS# 420273

Land Loans

If you are looking to build your dream home or just invest in property, then we can help!

  • No application fees
  • No prepayment penalties
  • Low, fixed rates and flexible terms
  • Quick and easy application process

lending-lisa-carter-lending-managerSchedule a consultation with resident Real Estate expert, Lisa Carter
(281) 331-2253 x 1139
Lisa.Carter@ChocolateBayou.org
NMLS# 941501
FCU NMLS# 420273

Real Estate Loan FAQs

  1. What types of real estate loans does Chocolate Bayou offer? 1st and 2nd lien Home Equity loans, Purchase money mortgages (primary and investments), refinances, and land loans.
  2. What are the land loan rates? Rates can be found on the Chocolate Bayou website. Go to Personal > Borrow > Loan Rates.
  3. What are Chocolate Bayou’s home equity rates? Rates can be found on the Chocolate Bayou website. Go to Personal > Borrow > Loan Rates.
  4. What is the minimum loan amount? $10,000 is the minimum for any Chocolate real estate loan.
  5. How much can I borrow against my home? We will lend up to 80% of the value of your property, less any present liens.
  6. Will Chocolate Bayou finance the purchase of a manufactured home? Yes, but there are certain criteria that must be adhered to:
    1. The manufactured home must be built on a permanent chassis and attached to a permanent foundation.
    2. The home must be a one family dwelling and must be legally classified as real property.
    3. The towing hitch, wheels and axles must have been removed.
    4. The land upon which the manufactured home is situated must be owned by the member/borrower.
    5. The home must be at least double width and have a minimum of 600 sq. feet of gross living area.
  7. How much of a down payment does Chocolate Bayou require on purchase loans? We require a down payment of 20%.
  8. What do I need to get started? You will need to complete an application either online, by phone, or in person. The online mortgage application can be found at the following web address: https://cbcfcu.mortgagewebcenter.com/ . You will need income documentation, proof of down payment funds (where applicable), and proof of property insurance just for starters. The lender will request any additional documentation that may be needed in order to get you approved.