Buying Your Home

Century Federal's mortgage loans offer an easy way to find, buy, and save on a new home or refinance your existing mortgage. On top of our great low rates, you'll also get:

  • Low closing costs
  • No application fees
  • Quick approval process

 

Getting a Mortgage Loan

Our mortgages have great benefits including:

    • A variety of terms from 10 to 30 years
    • Low-cost option now available for 10-year, fixed-rate loans
    • Borrowing 80%, 85% and even up to 95% of your home’s appraised value
    • Fixed-rate and adjustable-rate options
    • Financing options for owner-occupied, residential, and 1-4 family homes

Let our mortgage professionals help you determine the mortgage product that best meets your needs. Get started today with three ways to apply:

Protecting Yourself and Your Home

As part of our commitment toward member benefits, Century Federal offers various supplemental insurance products/services which include:

 

Adjustable Rate Mortgages

 

Standard ARM – Interest rate cannot increase more than 2% at the adjustment period. Standard ARM ceiling is 11.50%.

 

15/15 ARM – Interest rate will only change once during the term of the loan, at the 15 year mark. The interest rate cannot increase more than 6% above the initial interest rate at the adjustment period. The interest rate cannot decrease below 2% at the adjustment period.

Type Rate APR* Apply
1/1 ARM - 30 Year (up to 85% LTV)
3.50% 3.27% Print Application
3/1 ARM - 30 Year (up to 85% LTV)
3.75% 3.36% Print Application
5/1 ARM - 30 Year (up to 85% LTV)
4.00% 3.51% Print Application
7/1 ARM - 30 Year (up to 85% LTV)
4.25% 3.72% Print Application
10/1 ARM - 30 Year (up to 85% LTV)
4.50% 4.03% Print Application
15/15 ARM - 30 Year (up to 85% LTV)
3.50% 3.42% Print Application

Fixed Rate Mortgage Loan Products

Type Rate APR* Apply
10 Year (up to 85% LTV)
2.70% 2.70% Print Application
15 Year (up to 85% LTV)
3.15% 3.15% Print Application
20 Year (up to 80% LTV)
3.60% 3.63% Print Application
30 Year (up to 80% LTV)
3.85% 3.87% Print Application
Type Rate APR* Apply
10 YEAR LOW COST ($100,000+ & UP TO 85% LTV)**
3.10% 3.13% Print Application
10 YEAR LOW COST ($50,000-$99,999 & UP TO 85% LTV)**
3.50% 3.55% Print Application
Type Rate Apply
20 & 30 Year*** (up to 95% LTV) View Rates Apply Online

*APR = Annual Percentage Rate
**Low Cost Mortgage option available on 10-Year, Fixed-Rate Mortgage Loans only. Closing costs are reduced to a flat rate of $250.
***Loan option only available through myCU Mortgage for those borrowers with less than 20% down payment or home equity.