Home Loans |
First Credit Union can help you become a homeowner. Whether you are a previous homeowner or brand new to the mortgage process, we make owning your own home a reality. Loan Rates |
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1st Home Mortgages |
A First Credit Union mortgage offers a variety of terms with fixed and adjustable rates. We'll finance from $50,000 to $2 million for maximum buying power. Learn More |
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Home Equity Loans |
| Equity in your home is an excellent source of funds for your financial needs. A home equity loan with First Credit Union can allow you to finance your child's college education, consolidate bills or make home improvements. The best thing is that interest payments on equity loans are usually tax deductible, but always check with your tax advisor. |
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| Fixed Rate Home Equity Loan |
| A closed end loan, secured by the deed of trust on your home. The loan amount is disbursed in one lump sum. This closed end loan has a fixed annual percentage rate. You can choose a repayment plan between two to fifteen years. |
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| Home Equity Line of Credit |
| A revolving line that allows withdrawals as you spend. The flexibility of a First Credit Union line of credit allows for a draw period of 10 years and a repayment period of 15-20 years depending on the loan balance. |
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| Requirements for home equity lending: |
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Arizona state residents only |
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Single family dwellings only |
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Primary residence, owner-occupied only (Does not include land or mobile homes) |
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Homes with first mortgages with negative amortization are not eligible |
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Homes with interest only first mortgages are not eligible |
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Maximum loan to value 80% or less |
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| Homebuyer's Guide |
| Knowing how the home buying process works is a huge advantage for a first time homebuyer. First Credit Union can help guide even experienced homebuyers through the process. Take a look at our AnyTime Adviser Home Buying Coach video. |
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| Did You Know |
| First Credit Union offers homeowners insurance. Get an online quote from Members® Homeowners Insurance. |
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| How to Apply |
| To finance your new home please choose from the options below: |
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Complete a Home Equity loan application at any branch or |
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Complete an online Home Equity Loan application. Log in to your account or click the "non-member" button. A First Credit Union representative will contact you. |
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For home mortgages please contact the Mortgage Department at (480)821-1000 or (800)732-6986 or complete an online mortgage application. |
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