We can help you with your mortgage needs from any of our many Treasure Valley locations.


Our Mortgage Team

Jeff Acree

Jeff Acree

NMLS Number 6591
Mortgage Sales Manager
Email (208) 855‐4605
Thunderbolt Branch

Paul McMurdie

Paul McMurdie

NMLS Number 1000571
Mortgage Loan Officer
Email (208) 898-7039
ParkCenter Branch

Joe Azevedo

Joe Azevedo

NMLS Number 96874
Mortgage Loan Officer
Email (208) 855‐4688
Eagle Branch

Carole Meyer

Carole Meyer

NMLS Number 91917
Mortgage Loan Officer
Email (208) 898‐7052
Nampa Branch

Katherine Huth

Katherine Huth

NMLS Number 21071
Mortgage Loan Officer
Email (208) 855-4657
Meridian Branch


Debbie Park

NMLS Number 6589
Mortgage Loan Officer
Email (208) 855‐4685
Kuna Branch

Rob Lehman

Robert Lehman

NMLS Number 945242
Mortgage Loan Officer
Email (208) 898-7022
Nampa Branch

Mike Troester

Mike Troester

NMLS Number 1381739
Mortgage Loan Officer
Email (208) 855‐4680
Linder Branch

Cal Gothberg

Cal Gothberg

NMLS Number 148078
Mortgage Loan Officer
Email (208) 898-7026
McMillan Branch

Purchases & Refinances

Terms up to 30 years

Fixed and adjustable
interest rates

Home Equity, 2nd Mortgage

Easy access to funds

No closing costs
No annual fee
No prepayment fee

What you should know about Home Equity Lines of Credit.

Mortgage FAQ's

The amount of cash that is necessary depends on a number of items. Generally speaking, though, you will need to supply:

  • Earnest Money: The deposit that is supplied when you make an offer on the house
  • Down Payment: A percentage of the cost of the home that is due at settlement
  • Closing Costs: Costs associated with processing paperwork to purchase or refinance a house

For most homeowners, the monthly mortgage payments include three separate parts:

  • Principal: Repayment on the amount borrowed
  • Interest: Payment to the lender for the amount borrowed
  • Taxes & Insurance: Monthly payments are normally made into a special escrow account for items like hazard insurance and property taxes. This feature is sometimes optional, in which case the fees will be paid by you directly to the County Tax Assessor and property insurance company.

There is no simple formula to determine the type of mortgage that is best for you. This choice depends on a number of factors, including your current financial picture and how long you intend to keep your house. Capital Educators Federal Credit Union can help you evaluate your choices and help you make the most appropriate decision.

An index is an economic indicator that lenders use to set the interest rate for an ARM. Generally the interest rate that you pay is a combination of the index rate and a pre-specified margin. Three commonly used indices are the One-Year Treasury Bill, the Cost of Funds of the 11th District Federal Home Loan Bank (COFI), and the London InterBank Offering Rate (LIBOR).

With a fixed-rate mortgage, the interest rate stays the same during the life of the loan. With an adjustable-rate mortgage (ARM), the interest changes periodically, typically in relation to an index. While the monthly payments that you make with a fixed-rate mortgage are relatively stable, payments on an ARM loan will likely change. There are advantages and disadvantages to each type of mortgage, and the best way to select a loan product is by talking to us.

Generally speaking, you can purchase a home with a value of two or three times your annual household income. However, the amount that you can borrow will also depend upon your employment history, credit history, current savings and debts, and the amount of down payment you are willing to make. You may also be able to take advantage of special loan programs for first time buyers to purchase a home with a higher value. Give us a call, and we can help you determine exactly how much you can afford.

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