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PAYMENT/DEPOSIT
1.800.443.5698 PAYMENT/DEPOSIT

Credit Union of Ohio, Your Local Mortgage Lender

 

Financing a Home

Whether you're buying your first home, purchasing another, or refinancing, you get affordability and terms you can understand. We offer traditional first mortgages, adjustable-rate mortgages, and other loan options. Get pre-approved to make your house-hunting experience easier and to give you more bargaining power.

APPLY TODAY or Explore Rates.

Type

Terms

Minimum
Down
Payment

Additional Notes

Conventional

10, 15, 20,
and 30 Year

3%1, 5%

  • Affordable, fixed rates.
  • You should consider monthly payments and
    total interest when determining the term.

ARMs

1/1, 3/1, 5/1, 7/1
and 10/1 ARMs

10%

  • Can keep payments lower during the first few years.
  • Best for those intending to live in the home for a
    limited time.

FHA

15 and 30 Year

3.5%

  • Reduced interest rates.
  • Only available to those that qualify and may require
    additional insurance.

HomeReady
Advantage2

10, 15, 20,
and 30 Year

3%

  • Down payment can be from gifts and other eligible sources.
  • Requires completion of an online Homebuyers Education Course.
  • Great for homebuyers with good credit but limited funds.

VA

15 and 30 Year

No down payment
required

  • Reduced closing costs and no Monthly Mortgage Insurance.
  • Only available for eligible veterans, active duty, reservist, or surviving spouse.

USDA

30 Year

No down payment
required

  • Reduced Monthly Mortgage Insurance.
  • Income and property address restrictions may apply.

1Down payment of 3% for qualifying First Time Homebuyers 2HomeReady Advantage Program is subject to change at any time

Additional offers and information

  • Mortgages are available for primary residences, eligible condominiums, and vacation homes in the state of Ohio
  • Preapprovals on all of our financing options
  • Questions? Email us here.


CREDIT UNION OF OHIO'S NMLS # 704953

Amber Stillings #744518
Ashly Price #1485260
Chevella Meadows #1601069
Debra Rider #1146865
Destiny Langston #1860632
Donna Webb #1031998
Jennifer Hatfield #541978
Jocelyn McCandlish #1485427
Kelly Godwin #1425208
Leah Dunham #1158603
Shannon Massey #1425125

 

 

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