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Cloverbelt Credit Union


Welcome Home to CCU!

Cloverbelt Credit Union offers a number of mortgage loan products to suit your needs. We have a variety of fixed and adjustable rate loan terms and payment options available to suit your budget. Jeff Frolik and Curtis McElhaney are CCU's mortgage specialists and their many years of experience will provide the expertise needed to find the mortgage loan that's just right for you.
Home Purchase - Meet with one of our Mortgage Specialists before you start looking for the home of your dreams to find out just how much house you can afford.
Mortgage Loan (1st or 2nd) - Use the equity in your home for any purpose
  • Home improvements
  • Buying a car
  • Truck or vehicle rental
  • Taking a vacation
  • Debt consolidation 
  • You name it!
Land Purchase - Fine the perfect location for building a house or acquire acreage for hunting or camping
Construction Loan - Interested in building the ideal house to fit the needs of your family? A construction loan gives you access to a predetermined maximum loan amount to pay contractors as work is completed. While construction is progressing, you may pay monthly interest-only payments on the amount that has been advanced. After construction is complete, the loan can be converted into a conventional mortgage with a regular monthly payment.
Home Equity Line of Credit (HELOC) - A line-of-credit secured by the equity in your home with convenient access using a Platinum MasterCard. Make purchases from stores or online merchants and take cash advances from ATMs or at the credit union. Use as much as you need, whenever you need it and make payments based on the amount you've used.
Business Real Estate - Finance the purchase of single or multi-family rental property as well as commercial property.

Contact Jeff or Curtis For All Your Mortgage Needs!

Jeff Frolik headshot
Jeff Frolik - NMLS#466652
Phone: (715) 843 - HOME(4663)

Curtis McElhaney headshot
Curtis McElhaney - NMLS#400617
Phone: (715) 843 - HOME(4663)

Current Mortgage Rates

Loan Rate APR* Term Payment per
$1000 Borrowed

5 Year Fixed Rate  3.750 3.948 60 months
10 Year Fixed Rate 4.000 4.105 120 months
15 Year Fixed Rate Call Call 180 months
20 Year Fixed Rate Call Call 240 months
30 Year Fixed Rate Call Call 360 months
3/1 ARM 3.750 3.790 360 months
5/1 ARM 4.000 4.041 360 months
10/1 ARM 4.750 4.793 360 months
Construction 4.500
12 months


5 Year Fixed Rate 5.250 5.451 60 months
10 Year Fixed Rate 5.750 5.858 120 months
15 Year Fixed Rate 6.500 6.578 180 months
Home Equity Line of Credit (HELOC) Call Call Call
Rates and terms also available for investment property, vacant land and commercial loans.
Contact a Mortgage Specialist at 715-843-4663 for more information.
*Annual percentage rate