First-Time Homebuyers
You have various down payment and home loan options.
Buying your first home is one of life’s biggest milestones. For many, it means, “I’m providing security and a foundation for my family.” As it may be one of the most significant, long-term investments you make, choosing a mortgage that fits your budget and lifestyle requires careful consideration.
Down Payment and Loan Options
Gathering your down payment can be a significant obstacle to home ownership. At Tech CU, qualified homebuyers may choose to make a minimal down payment, all while taking advantage of other money-saving options:
- Variety of 95% financing programs*
- No points/no cost loan options**
- A wide variety of fixed and adjustable rate mortgage choices
Resources
- Special assistance programs for first-time homebuyers available in many California counties. Check your county's website for details.
Try out different mortgage scenarios.
- Calculate how long it will take to save for a home loan or a down payment.
- Calculate if you should rent or buy a home.
- Calculate how much you can borrow for a house.
Personal Attention
We have a team of professionals who are available to walk you through the mortgage process. Contact a Mortgage Consultant at (800) 553-0880. You can also use our contact form.