Mortgages

⭐ Why Choose the Century Federal Home Team?

Home lending doesn’t have to be stressful. With our dedicated team, you’ll receive:

✔️ Clear explanations every step of the way

✔️ Competitive mortgage rates

✔️ Support tailored to your financial goals

✔️ Local decision-making

✔️ Guidance to avoid costly pitfalls and confusion

We’re here to support your financial wellness through one of life’s biggest milestones.

🧮 Mortgage Tools & Calculators

🏠 Buy a New Home

Whether it’s your first home or your next chapter, getting pre‑approved helps you shop with confidence.

Benefits of Getting Pre‑Approved

Know exactly how much you’re qualified to borrow
Show sellers you’re a serious buyer
Streamline your home search
Strengthen your offer in a competitive market

Take our Mortgage Quiz to find the right Century Federal mortgage loan for you.

Click here to calculate how much home you can afford, or how refinancing can help you save money each month, take time off of our mortgage, or possibly both!

Apply Now

🔁 Refinance Your Mortgage and Save

With competitive rates and rising home values, refinancing may help you:

Lower your monthly payment
Shorten your mortgage term
Switch from an ARM to a fixed-rate loan (or vice versa)
Access cash from your equity for major expenses, home improvements, education costs, or debt consolidation

Even if your current mortgage is with another lender, you can bring it to Century Federal and save big.

💡 Rate Reduction Advantage

If rates drop while your application is being processed, your rate drops too — automatically.
And if rates rise again, your lower rate stays locked. It’s our way of ensuring you always receive the best possible rate.

Determine how low your monthly payments could go after refinancing with Century Federal!

Get a better loan, refinance to a lower rate or pay off faster with shorter term. Take cash out, use equity in your home to pay for improvements or down payment on a second home or college tuition. Convert to a fixed rate, refinance to lock in a new rate.

Fixed-Rate Mortgage

A fixed-rate mortgage has an interest rate that remains the same for the life of the loan. In other words, your monthly principal and interest payments won’t change. This is an option to consider for those who plan to stay in the home they want to purchase for 15+ years.

Low-Cost Mortgage

You only pay $250 in closing costs with our low-cost mortgage product! This is right for you if you aren’t wanting to spend a ton of money on closing costs.

Adjustable-Rate Mortgage: No PMI, and for a limited time *NO ORIGINATION FEE.

An adjustable-rate mortgage, or ARM, is a home loan with an interest rate that can change periodically. This means that the monthly payments can go up or down. *rate subject to change at any time.

Affordable mortgage options with FHA, VA and USDA

Century Federal has partnered with myCUMortgage® to offer VA and FHA loans to our veterans, and to members seeking more affordable home loan options. The down payment requirements with these loans types is typically as low as 3.5% of the current market value of your home.

Let our mortgage professionals help you determine the mortgage product that best meets your needs. Get started today and contact our Mortgage Loan Consultant at 216-535-3211.

View myCU Mortgage Rates

Term-Second Mortgage

A second mortgage is a loan that lets you borrow against the value of your home. Your home is an asset, and over time, that asset can gain value. This is a good idea for you if you’re thinking about debt consolidation, home renovation projects, paying off student loans or wanting to take a vacation.

HELOC - Home Equity Line of Credit

A HELOC is a loan set up as a line of credit for some maximum draw, rather than for a fixed dollar amount. So technically, it works like a credit card. Similar to a second mortgage, you borrow against the value or equity in your home. This is a very versatile loan type and can be used for all the same purposes as the Term-Second Mortgage.

We recommend a consultation with one of our mortgage financing professionals to help guide you every step of the way during your home buying process.

Get started with a few questions about your purchase/refinance