• First Time Home Buyers

    This program applies to the financing of 1–4 family units, co-operatives, and condominiums with a UNFCU adjustable or fixed rate mortgage.

    Qualified members can:
    • Pay a down payment as low as 3%.
    • Receive a $300 closing cost credit.

    If you qualify for this program and apply for a new UNFCU mortgage between 21 August and 31 October 2017, you can receive an additional $400 closing cost credit for a total savings of $700*.

  • Federal Housing Administration (FHA) Loans

    The Federal Housing Administration (FHA) offers fixed rate mortgage loans to US citizens and US permanent residents (green card holders) using more flexible qualifying requirements than needed for a conventional mortgage.

    UNFCU now offers these FHA loans to its members for the purchase of a primary residence. When a UNFCU member applies for a fixed rate US mortgage from UNFCU, they can now choose an FHA loan if they meet the qualification requirements. Members who have fallen on hard times may qualify for an FHA loan two years after declaring bankruptcy or three years after a foreclosure.

    Qualified members can:
    • Pay a down payment as low as 3.5% that can be 100% gifted to them
    • Have a family member be a co-borrower even if that family member will not live in the residence
    • Benefit from streamlined refinancing that does not require an appraisal or income documentation


Wayne Christopher


Loan Officer

NMLS# 181449