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 First Time Home Buyers 1/1, 3/3 & 5/5 ARMs

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Congratulations! You've made a decision to buy your first home. Voted Best Place to Get a Mortgage, we are here to help you!

Your path to becoming a successful homeowner starts with competitive rates and a local lender to guide you through the process. The biggest purchase you’ll ever make requires the dedication and service of a credit union that knows you and helps you along the way. Buying a home can be an overwhelming and emotional process. We understand the human side of finances and work with you to get the right loan that works for your lifestyle. We are ready to help you not only purchase the new home but also to understand the entire purchase process. Plus, we're experts on the inner workings of the mortgage loan process-you'll be in your new home in no time!

We offer all kinds of mortgages, from ARMs to 15 and 30-year fixed. We will help you decide which loan is best for you and your family.

The Adjustable Rate Mortgages (ARMs) in this program are designed for borrowers with minimal funds to invest.

The Welcome Home Mortgage is crafted to help first-time homebuyers navigate the buying process, and can even be utilized by seasoned homebuyers.  

  • A minimum credit score of 680
  • No monthly Private Mortgage Insurance (PMI)
  • No prepayment penalty
  • Gift funds allowed
  • Not limited to first-time homebuyers

 

Apply for Mortgage Here

Home Equity

 You could have hidden cash!

Put the available equity in your home to use with a convenient home equity loan or line of credit.

Houses are big investments, and home equity loans and lines of credit let that investment do some heavy lifting. Remodel that kitchen, consolidate high-interest debt, or pay for college tuition.

Fast service and no closing costs for new loans $10,000 and greater enable you to quickly begin using your home’s equity.

  • No application fee
  • No prepayment penalty

 

Apply for Home Equity Here

 

Dream Big! Home Equity Line of Credit.

*APR is the Annual Percentage Rate. Credit union pays closing costs for new loans $10,000 and greater other than the cost of a full appraisal if required for loan approval. Typical closing costs range from $350-$700. Property insurance is required and flood insurance, if applicable. Collateral must be your primary residence. 3.75% advertised rate is a 5-year fixed-rate loan at 80% LTV or less. Other rates and terms are available. APR subject to change and over may end at any time without notice. Approval is subject to credit and membership eligibility.

Fixed-Rate

 10, 15, 20 & 30 Year Term

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Prefer fixed-rate mortgages? Home Loans available for purchases, refinances or cash-out refinances.

With fast service, no application fee, and low closing costs, our fixed-rate mortgages are excellent!

  • 5% down payment on the purchase
  • A minimum credit score of 620
  • No prepayment penalty
  • Gift funds allowed

ARMs

 Time To Make Your Move With Our 10/10 ARM

Service One’s Adjustable Rate Mortgages (ARMs) offer a one-of-a-kind mortgage for your one-of-a-kind home.

Our 10/10 Adjustable Rate Mortgage has an attractive locked rate for the first 10 years; then it adjusts every 10 years. ARMs are great if you don’t plan to stay in your home very long or if you expect your income to rise within the next few years. ARMs are also great for refinancing that higher rate mortgage into a new lower-rate loan.

Service One also offers other ARM products such as our 3/3 and 5/5 terms. With low down payments and no Private Mortgage Insurance (PMI), our ARMs are a great choice.

* Available on purchases and refinances of a primary residence. Rate adjustment period: Locked for the first 10 years and adjusts every 10 years for the remainder of the loan term (max. of 2% per adjustment period, or 6% over the life of the loan) which may cause payments to vary. Membership eligibility and credit-granting criteria apply. This offer is subject to change without notice.

Government Home Loans

 USDA Rural Development

Nice home with side porch

30 Year Fixed

Home loans available to those whose property and income meet USDA eligibility criteria.

  • No down payment required
  • Maximum 102% Loan To Value (LTV)
  • A minimum credit score of 620
  • No prepayment penalty
  • Not limited to first-time homebuyers

 FHA

15 & 30 Year Fixed Rate

FHA Mortgage loans insured by the Federal Housing Administration (FHA) and available for purchases, refinances or cash-out refinances.

  • Only 3.5% down payment required
  • Gift funds allowed
  • A minimum credit score of 620
  • No prepayment penalty

 VA

15 & 30 Year Fixed Rate

VA Mortgages are guaranteed by the Department of Veterans Affairs for eligible veterans and are available for purchases, Interest Rate Reduction Refinance Loans (IRRRL) or cash-out refinances.

  • No down payment required
  • A minimum credit score of 620
  • No prepayment penalty
  • No monthly Private Mortgage Insurance (PMI)

Homeowners and Auto Insurance

You trust your credit union to offer products and services to help you do more with what you have.

Trustage co

That’s why we’ve joined with a dedicated team of insurance professionals to bring you the TruStage Auto Insurance Program. TruStage insurance products are available exclusively for members through the CUNA Mutual Insurance Agency, Inc.

Working with carefully selected auto insurance partners, the TruStage Auto Insurance Program can provide discounted rates for credit union members, online services, and 24/7 claims service.

If you haven’t compared auto insurance lately, it’s a great time to take a look. Your credit union membership could result in some nice savings.

Get your no-obligation quote today by calling 1-855-483-2149 or by visiting the TruStage online quote generator by clicking the “Get a Quote” on the TruStage photo.


 

Check out other insurance products here!

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