The 705 Federal Credit Union is a mortgage from 705 Federal Credit Union. Typical credit limit: 705 FCU will finance up to 90% of the appraised value of the property up to $350,000. Loan terms: Minimum financing term of 10 years (120 months) for vacant land only and a maximum of 30 years (360 months) on conventional land and home mortgages; all real estate loans are closed end.