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EFCU Financial offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
Conventional Fixed Rate Mortgages
Federal Housing Administration (FHA)
Veterans Administration (VA)
Rural Development (RD)
Construction Loans
Land Loans

Conventional Fixed Rate Mortgages
If you prefer knowing that your rate, principal and interest payment won't change or if you plan to stay in your home for a while, this may be the loan option for you. A fixed rate mortgage means the interest rate will stay the same for the entire term of your loan. Loan terms available: 10, 15, 20, and 30 years.

Term: 30 years   Maximum Amount: $453,100
 

Please contact us for current rates.


Federal Housing Administration (FHA)
EFCU Financial offers loans insured by the Federal Housing Administration (FHA). When you are deciding which loan is best for you there is a lot to consider. If you are looking to finance a primary residence, FHA may be a good option for you. These loans are designed to make home ownership more attainable and are often great products for first time home buyers or buyers who do not have a large sum of money for a down payment.

Term: 30 years   Maximum Amount: $294,515
 

Please contact us for current rates.


Veterans Administration (VA)
Veteran Administration (VA) Loans are for the purchase or refinance of a primary residence to those who have served or are serving in the U.S. Military. Take advantage of a VA Loan to purchase a new home, refinance your current mortgage to a lower rate, or for home improvements. You don't have to be a first-time buyer to qualify and you can take advantage of the features a VA Loan offers: Fixed rate, no down payment, no mortgage insurance is required, and limits on closing costs that you can be charged. In order to be eligible you must meet one of the following: Veteran, Active-duty personnel, Reservists/Nation Guard member, some surviving spouses, and all applicants must obtain a Certificate of Eligibility.

Term: 30 years   Maximum Amount: $453,100
 

Please contact us for current rates.


Rural Development (RD)
EFCU Financial offers Rural Development loans. This zero down payment option is available to qualified borrowers for properties located in eligible areas. With up to 30 year terms and flexible credit guidelines, this may be an excellent choice for you and your family.

Term: 30 years  
 

Please contact us for current rates.


Construction Loans
EFCU Financial Construction Loan offers the convenience of a one-time loan application, loan approval, process documentation and loan closing that will cover both the construction and permanent mortgage once you move in. This will save you from having to apply and to be approved for two separate loans. Construction Loans have a draw period where we will disburse loan funds during the course of construction based on an inspection of the property and on an estimate of time to complete. During the construction period you are responsible for the interest payments only. Once your home is finished, with a final inspection and certificate of occupancy, the loan will transition into the permanent mortgage.

Term: 12 months  
 

Please contact us for current rates.


Land Loans
EFCU Financial offers a great product for home sites at or under 80 acres. This is a fixed rate mortgage, to be used to build a single-family home on for primary residential occupancy. The term of the loan can be for 2, 5, or 10 years with a loan to value ranging from 80% to 100%, which is determined by your credit score.

Term: 10 years   Maximum Amount: $250,000
 

Please contact us for current rates.