Mortgages

From first home to forever home – we've got you covered. 

You'll feel right
at home with us

  • Low down payment options
  • FHA, VA, and new construction loans
  • 1:1 support from consult to closing

Are you in the market for a new home or ready to build the home of your dreams? Or, maybe you want to refinance your existing mortgage. Our local mortgage experts are here to help you navigate the process.

We're here when you're ready

Want to learn more about our rates? Or just have a question? Our team of local lending experts is on hand to provide 1:1 support and personalized guidance!

Current specials

$750 closing costs

For a limited-time, enjoy $750 closing costs1 when you finance your new home with GECU. Check out our low cost loan options and rates below. 

The loan options

  • Conventional: This is the most common loan, available with a down payment as low as 3%. Conventional loans typically require a solid credit score and lower debt-to-income ratios.
  • FHA: A Federal Housing Administration (FHA) loan is backed by the government and are popular among first-time home buyers because they offer lower down payment options, as little as 3.5%. FHA loans have lower minimum credit score requirements and provide opportunities for borrowers with higher debt-to-income ratios.
  • Jumbo: This is the option for you if you’re shopping for a luxury home with a purchase price exceeding the conforming loan limit ($726,200).
  • VA loans: A flexible, low-interest mortgage for members of the U.S. military (active duty and veterans) with no minimum down payment requirement.
  • Doctor loans: A loan tailored for medical professionals with flexible down payment options and up to 100% financing available. No private mortgage insurance (PMI) required and higher debt-to-income ratios allowed.
  • Construction loans: Offering one-time close construction loans with flexible terms, designed to help you finance the building of your new home. Use this type of loan is when you, the borrower, are financing the project.
  • Extended rate-lock program: Get a 6- or 12-month extended rate lock option for new construction loans, when the builder is financing the project. 

Ready to crunch the numbers?

Select a calculator to get started.

Money Minutes Blog

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If you’ve heard of private mortgage insurance (PMI), you’ve likely seen some conflicting opinions about it. One position is that PMI should be avoided at all costs. Another is that PMI isn’t a big deal, especially when a down payment of at least 20% is required to avoid it.

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Renting vs. Owning a Home in Retirement

Between 2006 and 2016, the portion of renters in their 60s increased by a whopping 84%.1 If you’re a retiree that currently owns a home, you may be considering selling it and moving into a rental property. 

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