• Mortgage Options
• Application Process
• Essential Documents
• Homeowners Insurance

• Calculators
• FAQs

Learn more about: Mortgages & Home Buying Download Quick Guide: Mortgage Loans

First Time Homebuyers

A home is the largest purchase most of us will ever make. A mortgage is the biggest loan most of us will ever have to borrow. You may have questions as you take the first steps toward purchasing a home, but we’ve put together some information to help you decide if you're ready to buy. The following are features and requirements to participate in FMFCU's First Time Buyers Program:

• You can buy a home with as little as a 0%-3% down payment
• This must be your first home or you have not owned one in the last three years
• Your household income does not exceed the area’s median income limit
• You will receive a reduced rate on a 30-year fixed rate mortgage

Apply Today

• Apply with the loan officer associated with your branch - FMFCU Recommended
  We find it beneficial to have the help of one of our loan officers guide you through the pre-approval process
  
• Apply using our express pre-approval (XPA) application
  You will be e-mailed a pre-approval letter upon the successful completion and submission of your application.  Realtors expect you to be pre-approved before your home search begins.  The XPA is a great way to get started.  We will contact you if any follow-up information is required.
  NOTE: The link above will take you to our partner site, OriginatorPro.

More Information

• Additional Information on First Time Home Buyers Eligibility
• Mortgage Programs for First Time Home Buyers
• Tactics for Down Payments