First Time Home Buyer Program with Freddie Mac Home Possible®
In addition to its down payment requirement of as little as 3%, Home Possible now offers more options to responsibly increase homeownership. Co-borrowers who do not live in the home can be included for a borrower’s one-unit residence, borrowers are permitted to have another financed property, and more –all with competitive pricing and the ease of a conventional mortgage.
By offering this program, we’re helping to provide affordable solutions and enhance our communities at the same time. For more information on the Freddie Mac Home Possible® program please contact one of our Mortgage Loan Officers.
Earn Rewards
And take advantage of our $500 credit towards your closing costs!
Earn an additional $250 towards your home purchase or refinance with our Fast Track Rewards Program.*
Ask us for details!
Loan Options
Adjustable-Rate Home Loans
A powerful tool to maximize your borrowing, adjustable-rate mortgages (ARM) from Excite Credit Union provide low-cost and high reward home loan options.
We offer three unique types of 30-year ARMs, including 3/1, 5/1, and 7/1. These mortgages will adjust their rates every one year after an initial fixed period.
Other benefits of an adjustable-rate home loan include:
- Taking advantage of falling interest rates
- Low introductory rates
- Up to $2M
Fixed-Rate Home Loans
Ranging from 15 to 30-year terms, Excite Credit Union’s fixed-rate mortgages may be the best financial decision for you and your family.
This type of home mortgage provides security and predictability in many ways, including:
- Fixed payments from month-to-month
- Protection from rising rates
- Competitive interest rates
Refinance Loans
No matter how you want to refinance your home, trust Excite Credit Union to deliver the outcomes you want in any situation.
We offer refinanced home loans in a variety of terms, including:
- 30 Year Fixed
- 20 Year Fixed
- 15 Year Fixed
- 3/1, 5/1, and 7/1 ARM
Home Equity Line Of Credit (HELOC)
Get access to a revolving line of credit using the equity value in your home. Use pooled funds to finance exactly what you need, tapping into a resource that remains open to you no matter when, how, or where you want it.
Discover outstanding features such as:
- Low-cost funds accessible for any need
- Check, online banking, and in-person withdrawals
- Affordable monthly payments
FHA Loans
With all the uncertainty a new home can bring, looking into a Federal Housing Administration mortgage may be the perfect decision for you and your family.
Get incredible deals on your next home with:
- Low down payments (3.5% of the purchase price)
- Zero earning limits or income ceilings
- First-time buyer services
- Fixed-rate loan options
VA Mortgages
To all active-duty military, veterans, and reservists - Excite Credit Union salutes your service! VA members have access to low cost, flexible mortgages that may greatly improve your home buying process.
Enjoy benefits such as:
- 100% financing
- No down payment for qualified borrowers
- Fixed-rate loans options
- Flexible credit guidelines
Home Loans Calculator
Enter your information below to determine how much your home loan would cost over time.
Meet Our Mortgage Team
Excite Credit Union has experienced mortgage loan officers ready to help with all your home financing needs!
Legal Mumbo Jumbo:
*$250 Fast Track Rewards for 5 day mortgage application completion. All credits will be applied at the time of closing if requirements are meet. **APR=Annual Percentage Rate. HELOC Introductory Rate will apply to any amount drawn up to the approved credit limit during the first 12 months from date of loan funding. After the 12 month period expires the floor rate will never be less than the WSJ Index + Margin @ Origination and the rate will be Variable based on the WSJ Prime + the Margin that was set at origination.