Mortgage Loans
With our 0% down mortgage, you can own it without dipping into savings. That leaves more money in your pocket to make your new house a home.
Phil and Kasie are here to make it simple and make it happen! We realize the market is tough right now, but we’re here for you. Work with the same loan officer through your entire home buying experience, and be prepared to close in as little as 30 days!
But why choose UICCU?
Close in as little as 30 days
Yep. That new home will be yours before you know it! It’s time to start saying goodbye to your old place.
Personalized 1:1 lending
Work with the same mortgage lender through your whole experience. It’s a good thing they’re awesome or we’d feel bad for you!
Local mortgage lenders
Our lenders are local, so they know the area. Like where you can get great ice cream, or even the best burgers in town!
And it’s so easy to get started. Just shoot us an email! And it helps if you have as many of these docs ready as you can to get started.
- The last 2 months of bank statements showing the source of down payment.
- W-2 form for the previous year
- Recent paycheck stub(s) (covering a 30 day pay period) reflecting year to date earnings
- Photo ID
- If self-employed, borrowers must provide complete tax returns with all appropriate schedules for the previous two years along with year-to-date profit and loss.
Receive a 20% rebate on a participating agent’s commission when you buy or sell your home. Contact our mortgage team for more details.
Loan Options
| Conventional Fixed Mortgage | The most common mortgage loan. We offer low rates on 10, 15, 20, and 30 year mortgages. This mortgage type can also be used for 2nd homes and investment properties. |
| Adjustable Rate Mortgage (ARM) | An ARM is a type of mortgage that is a fixed rate for a set amount of time and then fluctuates periodically based on the market and a specific threshold. |
| USDA Loans | A USDA home loan is a zero down payment mortgage for eligible rural homebuyers. USDA loans are issued through the USDA Rural Development Guaranteed Housing Loan Program, by the United States Department of Agriculture. |
| FHA Loans | An FHA loan is a mortgage insured by the Federal Housing Administration and offers down payment as low as 3.50%. FHA offers lower interest rates, higher debt to income ratio and a good option for borrowers with limited credit history. |
| VA Loans | VA Loans were designed to help current members of the military and veterans open the door to home ownership by offering no down payment requirements and typically lower rates. |
View Mortgage Calculators (Because who can do that math anyways).
View Current Mortgage Rates
Refinance Options
We’ve been in the business long enough to know it’s possible for you. Work with us to lower your interest rate, monthly payment, or change your mortgage term.
Rate-and-Term Refinance
You’ll be WOW’d to see how much money you save with a lower interest rate and/or different mortgage term.
Cash Out Refinance
Check out how we can use your existing mortgage to give you some extra cash or consolidate debt.
1Members who are engaged with an agent of McDonald Group for the purchase of a home will receive a 20% rebate from the realtor’s buyer commission of up to 3% of the purchase price when the loan is financed through UICCU. The rebate will be paid by the McDonald Group in the form of a check within seven days after the loan closing. The McDonald Group is not affiliated with UICCU. All loans subject to credit approval and all applicants must qualify for and open a membership account at UICCU before loan funding. All rebate offers are for a limited time and may be withdrawn without notice. Other restrictions may apply. Contact a UICCU mortgage representative for further details. UICCU is federally insured by the NCUA. NMLS #421376.
2$0 down payment offer for fixed mortgage loans up to a maximum of 30 years for single family home purchase transactions only. Loans for refinances, modifications, cash out transactions, non-owner occupied homes, second homes, investment homes or vacation properties do not qualify for the $0 down payment offer. $0 down payment offer available to first time home buyers only, defined as borrower must have had no ownership interest (sole or joint) in another property during the last three years preceding the note date of the loan. Borrower must complete homeownership counseling prior to loan closing. Borrower must have a minimum consolidated credit score of 720 with at least 4 established tradelines and verified minimum of 2 months reserves. Borrower must contribute a minimum of 1% towards the overall purchase. Minimum contribution may be met through closing costs, prepaids, and/or reserves. Closing costs and select third party fees may apply including appraisal, credit report, flood determination, recording fees, private mortgage insurance (PMI), taxes and title company fees. All loans subject to credit approval, verification of application information, receipt of collateral and debt to income maximums. All applicants must qualify for and open a membership account at UICCU before loan funding. All down payment offers are for a limited time and may be withdrawn without notice. Other restrictions may apply. Contact a UICCU Mortgage Representative for additional details.