PURCHASE HOME LOANS

SchoolsFirst FCU Home360^®

Get a 20% commission rebate from a participating real estate agent when they represent you in buying a home.¹ And if the agent also represents you in the sale of your home, you'll pay a flat 1.5% listing fee (as opposed to the typical 3%).²

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Fixed-Rate Home Loans

With a fixed-rate loan, you have the assurance of your interest rate and payment being set for the life of the loan. We offer 30-year, 15-year, and 10-year terms, depending on your needs.

Rates as low as 5.500% (5.77% APR). SEE ALL FIXED PURCHASE RATES.
Down payment as low as 3%.
Rate lock that covers the period between credit approval and closing.³
Option for no Private Mortgage Insurance (PMI), which is usually required on loans with less than 20% down and can add several hundred dollars to your monthly payment.
Option to pay points at closing in exchange for a lower rate.
No loan processing fee through Dec. 31, 2025.⁴

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Adjustable-Rate Home Loans

With an adjustable-rate mortgage (ARM), your initial rate and payment are lower and adjust — up or down — depending on the market. We offer ARMs with initial periods of five, seven or 10 years.

Rates as low as 5.875% (6.64% APR). SEE ALL ARM PURCHASE RATES.
Available on 5/1, 7/1 and 10/1 ARMs (fixed rate for five, seven and 10 years respectively, adjusting up or down every year thereafter) or 5/5 ARM (fixed rate for five years, adjusting up or down every five years thereafter).
Down payment as low as 5%.
Rate lock that covers the period between credit approval and closing.³
No negative amortization — a portion of every payment goes toward lowering your balance.
Option for no Private Mortgage Insurance (PMI), which is usually required on loans with less than 20% down and can add several hundred dollars to your monthly payment.
No loan processing fee through Dec. 31, 2025.⁴

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GET PREQUALIFIED

Let's chat

Our loan consultants will answer your questions about financing, find a loan that's right for you, and help you get prequalified.

Call (800) 462-8328, ext. 8288

Monday through Friday, 8 a.m. – 7 p.m.
Saturday, 9 a.m. – 3 p.m.

Or make an appointment with a loan consultant in person, over the phone or at a branch.

Submit an application

Apply online through our application platform. Log in with your SchoolsFirst FCU user name and password, or as a guest.

If we aren't the best deal, we'll tell you.

If you've shopped around, we'll gladly compare your options to help you make a confident choice — even if that means choosing another lender.

Disclosures

APR = Annual Percentage Rate. All loans subject to approval.

The interest rates and APRs listed above are effective as of 12/13/2024 and are subject to change without notice. The pricing you may qualify for is based on factors including your credit rating and loan-to-value (LTV) of your property. A minimum credit qualifying score is required. Adjustable-rate home loans; rate and payment subject to change after loan consummation.

Rebate payment is made by First Team Real Estate or HomeSmart Evergreen Realty. Rebate is credited to your benefit at the close of transaction, and will be lowered by any reductions to the commissions paid to the participating agent in a concurrent purchase and sale of a home. Commission will vary. To be eligible for the 20% rebate, Member must complete the transaction with the agent assigned by SchoolsFirst FCU Home360^®. Using SchoolsFirst FCU for a mortgage loan is not a requirement to earn the rebate. Purchase price must be greater than $150,000 after all credit adjustments. All rebates are subject to limitations, lender guidelines, and other requirements. Certain properties may not be eligible for rebates. Rebate is 20% for purchase only of a residential property in California. Please consult a qualified tax professional for advice on tax implications from receiving a rebate. First Team Real Estate and HomeSmart Evergreen Realty are not affiliated with SchoolsFirst FCU.
Discounted 1.5% listing fee is for a residential property sale in California when the home is sold and closes escrow. Does not include commission owed to buyer's agent (up to 3%). Sales price must be greater than $150,000.
Limits apply to the length of rate locks offered and rate locks may not cover the entire period between credit approval and closing in all cases. See our Rate Lock Information for terms and conditions.
Available for all primary residence loan types including School Employee Mortgage Program and SchoolsFirst FCU HomeAccess^® program. Application must be dated no later than 12/31/2025. Fully executed purchase contract on an identified property must be submitted no later than 12/31/2025. Does not apply to equity loans or first mortgage refinances. The amount of the processing fee waived is $550 for School Employee Mortgage Program and $995 for all others.