Loan Options
Our experienced loan officers will work with you to find the right loan for you. Our array of innovative mortgage products includes:
"Equity Boost" Loans
For borrowers with modest incomes.**
- 0% down payment
- Closing costs can be financed into the loan.
- Can be combined with down payment assistance if available. Must contribute at least 1% of purchase price.
- Lower interest rate and monthly payment
- $2,000 towards a rainy day fund
- No private mortgage insurance (PMI)
- Minimum credit score 580
- Income and purchase price limits apply.*
** Income limits: 80% of area median income (AMI), OR 120% of AMI if borrower is a first-generation home buyer.
"Self-Help 100" Loans
No income or purchase price limits.
- 0% down payment
- 1 - 4% borrower contribution towards closing costs
- No PMI
- Minimum credit score 620
- No income or purchase price limits.
Standard Portfolio Loans
Contribute more upfront to lower your monthly payments.
- Down payment as low as 3%
- No PMI
- Minimum credit score 580
- Can be combined with down payment assistance if available.
- No income or purchase price limits.
All our loans also feature origination fees of only 1%, no prepayment penalties; and flexible, responsible underwriting.
How do I get started?
Visit your local branch to talk to a loan officer or email us at: lendingmortgageteams@self-helpfcu.org
If you meet in-person with a loan officer, it is helpful to bring the following items (bring documents for yourself and your spouse or co-borrower):
- Photo ID
- Tax returns (2 most recent years)
- W2's (2 most recent years)
- Paystubs (2 most recent pay cycles)
- Bank statements (2 most recent months)
Not ready to buy quite yet?
We also offer credit building programs and free financial coaching resources for members.
From initial inquiries to closing and beyond, we're here for every step of your homeownership journey.
Make a Mortgage Payment
Have a mortgage with us? We offer multiple ways to make a payment, including an online payment option. Learn more.