First-time house customer loans and programs that can help enable you to get to your very first house.

First-Time Home Buyers Loan Prices as little as

APR Effective 1/23/2020*

30 fixed year

FHA 30 fixed year

5/5 supply

Adjusts every 5 years

If you should be a brand new towards the realm of mortgage loans, we now have the mortgage loan professionals and resources that will help you on your own first house journey that is buying. BECU homebuyers that are first-time receive as much as $6,500 in down-payment assistance.

First-Time Home Buyer Qualities & Advantages

Expand Advance Payment Give System

First-time homebuyers can receive as much as $6,500 in a down-payment grant it doesn’t need to be reimbursed. Rather than scrambling to cover 3% of a property’s down-payment expense (based on your loan system), eligible BECU users require just show up with 1% – BECU pays all of those other payment that is down. To provide an illustration, in the event that you secured a mortgage well well worth $300,000, your advance payment would just be $3,000 in place of $9,000.

Mortgage loans available under this system consist of traditional, fixed and a 5/5 supply (adjustable price home loan). Find out about the First-time Home Buyer give Program,

Expand No Origination online payday loans in california Costs

Expand Get Prequalified for the Home Loan

Exactly What do i must get pre-qualified?

To assist enable you to get started with pre-qualifying, gather all the materials in the buy Checklist.

A way that is simple know what you might be eligible for (and never have to submit your entire private information) is to utilize our home loan calculators. This is certainly an option that is great people that aren’t quite willing to start the mortgage procedure, or people who would like to know very well what they are able to manage. Choose the loan kind and terms you have in mind and offer minimal information associated to earnings, monthly debts and deposit. We will run the true figures and inform you if you should be pre-qualified.

Take note: A pre-qualification through the Mortgage Calculator just isn’t a warranty your loan shall be authorized, neither is it a consignment to provide. All information utilized to find out your pre-qualification must certanly be verified by BECU.

Expand BECU Home Benefits

BECU Home Rewards

If you should be simply beginning your research for the first house, Residence Rewards** makes it possible to navigate the method. This solution links you with an associate advocate whom then fits you by having an agent that is knowledgeable your neighborhood. They are going to assist you in finding an ideal house for you personally, although the user advocate ensures you are getting all you need through your search. Discover more

Expand Real Estate Seminars with Perks

BECU offers academic seminars for first-time homebuyers which will help prepare you for house ownership. You with a $250 coupon*** that can be applied to your closing costs on a BECU home loan when you attend a first-time home buying self-paced course, live seminar, or two-part webinar, we’ll reward.

Movie: The Way The true Home Buying Process Works

Resources to Get You Started

Real Estate Process

Know very well what you really can afford with our house buying guide.

Find a property

Start your MLS search today.

Require additional information? Come see us.

If you’ve done your entire research but they are not willing to use as of this time, make a scheduled appointment, or contact us at 800-233-2328. We are pleased to take a seat with you and respond to any queries you’ve probably.

Relevant Content

*Offer relates to purchase and refinance deals. Loans are at the mercy of credit approval along with other underwriting requirements, and never everyone shall qualify. Certain restrictions apply. Mortgage loan programs, conditions and terms are susceptible to change without notification. BECU reserves the ability to end this offer at any right time with no warning.

**Home benefits is a course supplied by Prime Alliance Real Estate solutions, LLC and it is perhaps maybe maybe not associated with BECU. Certain restrictions use. Offers subject to improve with no warning. Please speak to your assigned Member Advocate for more information regarding these buyer/seller advantages. Property services supplied by very very carefully chosen regional realtor.

***$250 coupon will simply be provided for very first time house purchasers who’ve attended a real time Seminar, Two role Webinar, or A time home buying self-paced that is first course. Restriction one voucher per loan. Loans are at the mercy of credit approval along with other underwriting requirements. Certain restrictions use. Mortgage program prices, terms and conditions susceptible to alter without warning. This unique offer can be utilized just by the main borrower and will also be credited toward shutting costs upon the conclusion of one’s new home loan that is BECU. This offer can’t be along with just about any offer. This offer may not be utilized in reference to any mortgage loan modification. Provide legitimate for brand new mortgages that close within 120 times of program conclusion date. Good only for sale of a very first house. Home should be the main residence associated with the borrower. Shutting expense credit cannot exceed the number of the closing costs charged.