We have received reports of a text message being sent to members requesting sensitive information; this is not an approved message from our Associates. Please call us at 270-796-8500 to report a message. Remember: Do not give out personal information, bank logins, or SSNs when someone calls or messages you. Legitimate businesses will never contact you requesting this information.

Saturday, June 10th, online banking will be unavailable from 7 PM until 2 AM Central Time due to maintenance. We apologize for any inconvenience and appreciate your understanding.

Service One Credit Union icon Service One Credit Union Go to main content Open an Account Apply for a Loan

Welcome Home

 Up To 100% Financing - 3/3 & 5/5 ARMs

Modern home with beautiful wood garage door

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

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!

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

  • A minimum credit score of 680
  • No monthly Private Mortgage Insurance (PMI)
  • No prepayment penalty
  • Gift funds allowed
  • Not limited to first-time homebuyers
  • Up to 100% financing

If you have questions, please call us at 270-796-8500 or email us.

Apply for Mortgage


 10, 15, 20 & 30 Year Term

White house with black door and pumpkins on porch

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
  • No prepayment penalty
  • Gift funds allowed


 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.

The average years a family stays in a home is around eight (8) years, so an Adjustable Rate Mortgage may work for your family.

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.

If you have questions and need to speak with our Mortgage Department, please call 270-796-8500 or email us.

Thinking About Extra Money Right Now?

Mortgage Refinance

Your needs can change - so can your mortgage loan. Run some numbers, Click here, revise scenarios, and see what loans might best meet your needs. 

Want more flexibility in your budget? How about a quicker path to financial freedom? No matter your dreams or goals, exploring your refinancing options can help. We’re committed to providing you with options, helping you understand them, and guiding you on the path to a bright financial future, so you can feel confident in the refinance decisions you make.

  • Reduce your monthly mortgage payments - Refinancing your mortgage at a lower rate you could free up more money for things like savings, travel, or day-to-day expenses.
  • Own your home sooner - Explore the benefits of refinancing to a shorter-term mortgage. Not only could you own your home sooner, but you could also save thousands on interest charges giving you more financial confidence and flexibility to do the things you want most.
  • Enjoy predictable monthly payments - Rates can fluctuate, but when you refinance from an adjustable-rate mortgage to lock in a fixed-rate loan you can secure a consistent, stable payment for years to come.
  • Our simplified online application makes refinancing your home loan easy to get started. See how our mortgage refinance services can bring you better solutions and peace of mind for the future.

Refinancing could give you a reason to smile.

Taking advantage of today’s low refinancing rates is only one of the many reasons to consider refinancing your mortgage. Many borrowers look to a mortgage refinance as a way to lower monthly payments, consolidate debt under one loan, or even save on interest in the long run. Whatever the reason, we’re here to help you discover the best options to save money for today and down the road.

Reasons to Refinance:

  • Lower your payment to save money each month by reducing your rate or extending your term.
  • Pay your loan off faster and save thousands on interest costs by shortening your term.
  • Receive cash for home improvements or to pay down debt with a cash-out refinance.
  • Convert your adjustable-rate mortgage into a fixed-rate mortgage and lock in a guaranteed rate that will never change.

Cash-Out Refinancing

With cash-out refinancing, you may be able to use the equity in your home to free up cash for other things, while lowering your monthly payment at the same time. Here’s what you need to know:

  • Interest rates can be lower in a cash-out refinance than on a home equity loan, home improvement loan or business start-up loan
  • Rolling your high-interest debt into a mortgage payment can yield tax benefits
  • Free up funds to make home improvements that add value to your property, pay college tuition, buy a vacation home or pay off high-interest credit card debt
  • Discuss closing-cost fees for cash-out refinancing with your loan officer
  • Consider how a cash-out refinance will affect the timing for paying off your mortgage

Building a new path forward with a mortgage refinance

Our loan team will work closely with you to review refinancing qualifications, understand your financial needs, and select a path that’s tailored to your lifestyle. See how our mortgage refinance services can bring you better solutions and peace of mind for the future.

We can work with you to find the best option.

  • Low closing costs with great rates.  
  • Private Mortgage Insurance options available.

Apply on our simplified online application

If you have questions and need to speak with our Mortgage Department, please call 270-796-8500 or email us.

Government Home Loans

 USDA Rural Development

Man and woman holding keys in front of their new home.

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


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


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)

If you have questions and need to speak with our Mortgage Department, please call 270-796-8500 or email us.

Homeowners and Auto Payment Protection

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 a dedicated team of payment protection professionals to bring you the TruStage Auto Payment Protection Program. TruStage payment protection products are available exclusively for members through the CUNA Mutual Insurance Program Agency, Inc.

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

If you haven’t compared auto payment protection programs 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 payment protection products!

Mortgage Loan FAQs

When you get ready to apply for a mortgage, you may have lots of questions.

Having a list of mortgage questions to ask potential lenders is just the start. Knowing the answers you’re looking for puts you ahead of the game.

Buying a house is probably going to be the biggest financial decision you make in your life. Asking questions is what’s going to help you make a smart investment and feel comfortable buying a home.

We are here to help you and answer any additional questions. Our Financial Education resource center can also be helpful. 

Mortgage Loan FAQs

Go to main navigation