Mortgages

First Mortgages

Homeownership is a major step, and we’ll keep the path clear and easy to navigate. The more informed you are today, the better prepared you’ll be when bidding and closing on your new home.

The Importance of Pre-Qualification
Pre-qualifying is a necessary first step when buying a home. In simple terms, XCEL factors your credit history, income, assets, monthly expenses, debt, and other details to determine your purchasing budget, so you can find a home within your means. In addition to setting expectations, it signals to sellers and agents you are a serious and qualified candidate–potentially increasing the chances of your offer being accepted. Pre-Qualify Today
 

Features & Benefits
Flexible Mortgage Options
Ideal for long-term ownership and forever homes.
Build a mortgage that fits your budget: 10 / 15 / 20 / 30 years

Adjustable-Rate Mortgage (Arm) Options
Ideal for short-term ownership, rapid paydown or early pay-off strategies.
Structured at a lower rate for a pre-determined period, after which it will incrementally adjust to the prevailing prime rate: 3/1 / 5/1 / 7/1 / 10/1 years

Select Mortgages
We offer jumbo mortgages for large loans, as well as VA mortgages for enlisted and in-active military personnel

Efficient Pre-Qualifying
This simple process takes a few minutes and will keep you on budget when viewing homes Pre-Qualify Today
A hard credit inquiry is required for a mortgage pre-qualification, which can impact your credit score.

Personalized Support
Our team is committed to your purchase and available for consultations every step of the way

Industry-Standard Loans
We offer first mortgages up to the Fannie Mae conforming mortgage limits

Closing Costs & Timeline
Closing costs remain minimal among our peers, and mortgages typically close in about 45-60 days, though may close sooner
Other factors, including state-of-residence, may influence closing times.

Tax Advantages
First mortgages may have tax incentives
Tax relief is subject to local laws, consult your tax advisor for more information.

Free Calculators
Approximate or compare monthly payments across different mortgage options before you choose

Payment Forgiveness
No late fees if your payment is made within the 15-Day Grace Period


Refinancing
You don’t just share a past with your home; you determine the future. If you plan to remain at your current address, lower your mortgage payment while potentially increasing monthly savings by refinancing at a lower rate.

Features & Benefits
Flexible Mortgage Options
Ideal for long-term ownership and forever homes.
Build a mortgage that fits your budget: 10 / 15 / 20 / 30 years

Adjustable-Rate Mortgage (Arm) Options
Ideal for short-term ownership, rapid paydown or early pay-off strategies.
Structured at a lower rate for a pre-determined period, after which it will incrementally adjust to the prevailing prime rate: 3/1 / 5/1 / 7/1 / 10/1 years

Select Mortgages
We offer jumbo mortgages for large loans, as well as VA mortgages for enlisted and in-active military personnel

Personalized Support
Our team is committed to your purchase and available for consultations every step of the way

Free Calculators
Approximate or compare monthly payments across different mortgage options before you choose

Payment Forgiveness
No late fees if your payment is made within the 15-Day Grace Period

 

Please log into the NMLS Consumer Access website www.nmlsconsumeraccess.org for a list of our lenders.

XCEL FCU’s NMLS# 474542  |  Current Rates: 866.467.0931