First Time Home Buyer Mortgage

Who's eligible? All new buyers looking to purchase their very first home.


What are the benefits?

  • Up to 100% Financing (0% down payment)
  • NO private mortgage insurance (PMI).
  • No Origination Fees or Lender Closing Costs!


What does this mean? 100% financing means that the Credit Union will provide you up to 100% of the loan you are applying for OR essentially putting ZERO down payment towards the home.*

Private Mortgage Insurance, or PMI,* adds an extra monthly bill to homeowners who do not possess at least 20% equity in their home (you have paid in at least 20% of the house value). However, we waive this fee entirely, saving years of monthly payments and thousands of dollars.

We also waive origination fees (a fee to complete your loan transaction) and the appraisal fee (The process of valuing the home as a result of evaluating the neighborhood and its amenities by an authorized person [the appraiser]).

Contact one of our Mortgage Loan Officers today or starting searching for your dream home by using the HomeAdvantage program!

Do you qualify? APPLY TODAY!

*First-time Homebuyer Home Loan program available to members with no homeownership within past three years. Valid only on single family, 1-4 story condo and townhome unit owner-occupied properties. Maximum 97% LTV for condo; all loans require escrow for property taxes, homeowners insurance, PMI, and flood insurance, if applicable. No lender closing costs; member is responsible for all title/recording fees, escrow reserve, and initial interest. All loans subject to approval. Membership eligibility required. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.