Your Next Move Is Here
Let our team help you.
Buying a Home
Whether you are looking for your first home or moving to a new community, buying a house is a rewarding experience. We want to keep it that way. So, we looked at all the ways the home loan process can slow you down – and did something about it. Our newly re-imagined home loan experience is the new standard for getting a home loan. Streamlined technology makes it faster and more efficient. Real people help make every step more accessible, friendlier, and, dare we say, more enjoyable along the way.
The Buying Process, Uncomplicated
The first step to finding a home is to get prequalified. Answer a few questions, and you will know how much home you can afford. If you have any questions, our team is here to help.
With your prequalification, shop for the home of your dreams. If you are lost on where to start, let us help you connect to a real estate agent who will lead you to the door.
Our Mortgage Advisors are here to guide you through your next steps, including the mortgage application. We’ve made it easy to apply, track your progress, and communicate with your Mortgage Advisor.
Your big day is finally here – it’s closing time! Our Mortgage team works diligently to prepare all the paperwork and handle all the details for a smooth close.
We’ll send the funds to you or the dealer.
Mortgage Types
Fixed Rate Mortgage
Looking to have your payment stay the same for the entire loan term? A fixed-rate mortgage is your best bet. With a fixed-rate conventional loan, you’ll have peace of mind knowing your monthly principal and interest payments will remain the same for the life of the loan. Fixed-rate loans are available in 10, 15, 20, and 30-year terms, with options to eliminate mortgage insurance.
FHA Mortgage
Are you a first-time homebuyer worried you don’t have enough money for closing costs or a down payment? A Federal Housing Administration (FHA) loan could be right for you. With an FHA loan, your down payment could be as little as 3.5%, and you can apply with less-than-perfect credit history. FHA was developed to provide homebuyers with an alternative to conventional financing.
VA Mortgage
A VA mortgage is a smart choice if you’re an active military member or a military veteran. Veterans Affairs (VA) loans have helped millions of veterans and their families become homeowners. The federal government guarantees all VA loans and offers borrowers no down payment, no mortgage insurance, and relaxed credit standards with competitive rates.
Jumbo Mortgage
Consider a Jumbo loan if you need a home loan over $453,100. A Jumbo loan offers competitive fixed rates for loans that exceed the limits set by the Federal Housing Finance Agency (FHFA).
Other Loan Options
Do not see the loan you need or have a unique situation? Talk with a Mortgage Advisor today. See what options are available, learn the advantages of each, and decide which works best for your situation.
You must be eligible to become a Resource One Credit Union Member.
APR=Annual Percentage Rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. All loans subject to approval. Restrictions may apply; see credit union for details. Resource One Credit Union home loan programs are only available in Texas.
NMLS 533124
HOME MORTGAGE DISCLOSURE ACT NOTICE
The HMDA data about our residential mortgage lending are available for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, and income of applicants and borrowers; and information about loan approvals and denials. Inquires at this office regarding the locations where HMDA data may be inspected. To receive a copy of this data send a written request to Resource One Credit Union, P.O. Box 660077, Dallas, TX 75266-0077.
