Community Contributor Mortgage
We serve those who serve the community. As a special thank you, we offer the Community Contributor Mortgage for those who educate us and keep us safe.
Who's eligible? Teachers, firefighters, law enforcement officers, current military members (reserve and active duty), civil service workers, healthcare and emergency medical professionals can enjoy the benefits of this extraordinary program
What are the benefits?
- Up to 97% financing (3% down payment)
- NO private mortgage insurance (PMI).*
What does this mean? 97% financing means that the Credit Union will provide you up to 97% of the loan you are applying for OR essentially putting at the lowest 3% for your down payment of 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.
Do you qualify? APPLY TODAY!
*Membership eligibility required. Underwriting requirements apply (Valid only on single family owner occupied property). For more information, email email@example.com. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
**Valid only on single family, 1-4 story condo and townhome unit owner-occupied properties. Maximum 97% LTV for condo as well; all loans require escrow for property taxes, homeowners insurance, PMI, and flood insurance, if applicable. All loans subject to approval. Membership eligibility required.