- Real Estate Loans
- Vehicle Loans
- Guaranteed Asset Protection (GAP)
- Mechanical Breakdown Protection (MBP)
- Motorcycle and RV Loans
- Personal Loans
- Platinum Mastercard
- Private Student Loans
- Debt Protection
- Other Documents
- Autoland (Auto Buying Service)
1. Approval Letter
Copy of Approval Letter from new lender.
2. Underwriting and Transmittal Summary
Copy of Underwriting and Transmittal Summary (Form 1008).
3. Uniform Residential Loan Application
Copy of Uniform Residential Loan Application (Form 1003).
4. Current Property Valuation
Complete and legible copy of current Property Valuation (including photos if applicable).
5. Subordination Agreement
Completed Subordination Agreement, prepared by new lender or escrow, ready for the Credit Union's signature.
6. Subordination Fee
Subordination fee of $100.00. Make check payable to: Caltech Employees Federal Credit Union.
Fee is required up-front for processing the request and does not guarantee an approval. Subordination fees paid are non-refundable regardless of the credit decision.
7. Overnight postage envelope or Account number
Include your overnight postage envelope or account number if you wish for the signed Subordination Agreement to be returned by next day.
Send all documentation to:
Caltech Employees Federal Credit Union
Attn: Real Estate Department
801 Foothill Boulevard
La Cañada Flintridge, CA 91011
Our estimated processing time is 48 hours.
If you have any questions, please feel free to contact our Real Estate Department at (800) 592-3328, ext. 696.
Current CEFCU rates can be found on our Real Estate Loan Center. Real estate loans are available only for residential properties in the state of California. Certain exceptions may apply for jumbo loans or property types. Property insurance is required. All loans subject to credit approval. Rates and terms are subject to change without notice. CEFCU is an Equal Housing Lender. NMLS #626590.