Buying your first home?
There are few things in life as rewarding as owning a home. We can help you take one of the first crucial steps toward becoming a homeowner: securing your financing.
Owning a home is the American Dream, but the process of actually finding your dream house - and figuring out how to finance it - can be stressful. That’s not too surprising, as a house is probably the single largest purchase you’ll make in your lifetime.
We’ve helped countless members become homeowners, and now we’re ready to help you! Whether you want to buy your first home or upgrade to a larger home for your growing family, we are here to support you along your journey.
Financing your dream house
Before you start house hunting, it’s recommended that you complete an application for your loan. This will help you determine exactly what you can afford. With this knowledge, you can narrow your search and avoid disappointment if you fall in love with a house that’s out of your price range.
So where do you start? Visit our Mortgage Resource Center to explore our home loan options. Because everyone’s financial situation is different, we offer many different ways to finance your home.
To get a better idea of how much you can afford, use our mortgage calculators. With the help of these tools, you can figure out how much money you’ll need for a down payment or estimate your monthly payments.
Saving for your first home
One of the biggest challenges potential homeowners face is making a down payment. Saving $10,000 is a tall order if you’re just starting out. To help save money for a down payment, consider our savings account
options. With direct deposit, you can have your paycheck automatically deposited into your account and avoid the temptation of spending all your money as soon as you get it. On top of that, you’ll even earn interest on your savings.
To really maximize your earnings, try a certificate of deposit account. With competitive rates and flexible terms, you can put your savings on the “fast track” and earn more money at a quicker pace. With just a little discipline, you’ll be on your way to home ownership in no time at all.