Home Loans

Happy Homeowners Start Here

Buying a home is one of the most significant purchases you'll ever make. It's an exciting but also nerve-wracking time. You want a lender who not only gives you a good deal (and we've got that covered) but also one who can keep up with today's fast-paced market. That's where we step in. We can help you get pre-approved so you can jump on your dream home as soon as you find it.

And when it comes to home loans, it’s important to make sure your loan matches your life. Think about some big questions like: Is this your forever home, or are you planning to move within five years? Your answers will help you figure out which loan is the best fit for you. We love working with our members to find the perfect loan, and with a wide variety of loan programs to choose from, you’re sure to find one that fits your lifestyle.

Home Equity Loans

A home equity loan allows you to borrow against the equity you have built in your home. Use a home equity loan for anything you need including:

• Home improvement

• Home remodeling

• Debt consolidation

• Education financing

• And much more

Borrow up to 80% of the value of your home, minus any outstanding liens at a highly competitive rate. Minimum loan amount is $30,000.00

Conventional Mortgage Loans

Conventional mortgages are non-government loans that are the most common type of mortgage loans. Conventional loans can be more affordable in the long run and can be a smart investment for your future. And at Fort Worth City Credit Union, you don’t need to worry about private mortgage insurance (PMI) for most of our home loans. That means you save some cash on closing costs and also see some big savings on your monthly payments.

We offer a variety of conventional loan options:

• Purchase (Home or Land): Competitive rates and flexible terms make it easier than you think to get a home loan.

• Refinance (Home or Land - No cash out): If interest rates have gone down since you bought your house, or you have an adjustable-rate mortgage that is about to start going up, refinancing is a great way to save money on a loan with a high monthly payment or to lock in a fixed rate to make your budgeting more predictable.

• Interim Construction: Short-term financing while your dream home is under construction. These loans are available to both primary residences and second homes (available for properties in Texas only), with interest-only payments during the 12-month construction period.

FHA, VA, and USDA Mortgage Loans

When you buy a house, you have a lot of financing options beyond a conventional mortgage loan, like FHA, VA, and USDA loans. Each of these comes with great benefits, including up to 100% financing (subject to underwriting approval).

Additional Benefits

We also offer discounts to members on property insurance through TruStage. TruStage works with Liberty Mutual to provide coverage for your home or condo, along with renters insurance.

Secure and Fair Enforcement Licensing Act

The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) requires each employee of Fort Worth City Credit Union who acts as a residential mortgage loan originator to register with the Nationwide Mortgage Licensing System (NMLS), obtain a unique identifier number, and maintain this registration. The SAFE Act also provides that the credit union must require each employee who acts as a residential mortgage loan originator to comply with the SAFE Act’s requirements. The credit union must also ensure that members have access to our mortgage loan originators’ unique identifier numbers to enable access the NMLS registry information to obtain publicly available information on a mortgage loan originator (such as: employment history, state licensing, and enforcement actions) before committing to a mortgage loan transaction.

Below is the list of FWCCU’s NMLS Registered Loan Originators with NMLS ID numbers which you may use to obtain loan originator information through the NMLS Consumer Access website.

Fort Worth City Credit Union is an equal opportunity housing lender. In order to provide a full suite of mortgage products and services, Fort Worth City Credit Union (NMLS #547601) has a partnership with Member First Mortgage(NMLS #149532) and may therefore refer some loan types to them.

This notice is not a commitment to make a loan or a guaranty that Fort Worth City Credit Union will extend a mortgage loan to you for the interest rates shown. This information is provided as a service to inform you of the possible interest rate for which you may qualify based on the limited information provided by you, other information available to us, and certain assumptions regarding the financial terms of the mortgage loan, which are subject to change between now and the time you apply for a mortgage loan.  This information is not an offer to extend consumer credit as defined by Section 1026 of Regulation Z. Certain restrictions do apply, so consult with your Tax Advisor regarding the deductibility of interest.

APR is Annual Percentage Rate. Normal credit criteria apply. Rates for approved loans are based on the applicant’s credit history. Stated “rates as low as” apply to well-qualified applicants and apply to first liens only. Loan term, loan to value (LTV) and/or down payment, for example, may vary based upon your credit history. Other restrictions may apply and rates are subject to change without notice. Maximum APR not to exceed 18%. Contact a mortgage loan officer for details.

Closing Costs: The member will pay all normal closing costs which may include the following fees: title search, recording fee, release of lien, and flood determination. Additional fees such as any necessary title insurance, appraisal, survey, mobile notary fee, and attorney fees will be the responsibility of the member. This is not limited to promotional periods.

Home Equity Loan Disclosure: The principal loan amount at the time the loan is made must not exceed an amount that, when added to the principal balances of all other enforceable liens against your home, is more than 80% of the fair market value of your home.