Home Loans
Financing for the way you want to live.
Ready to make your move? Whether you need more space, less space, or just a better space, First Community will be by your side every step of the way. Talk to us to find the home financing option that fits your life — and your finances.
Home Loan Close Protection
Now with our Home Loan Close Protection we’ll give you a $1,000 credit towards closing costs if we don't close your purchase home loan by the contract closing date. Get started here.
Our members enjoy great rates.
Great rates from First Community help our members save on home loans. Wondering how much mortgage you can handle, or how interest rates and terms impact your payment?
| |
Rate |
APR1 |
MONTHLY PRINCIPAL & INTEREST |
| 10 Year Fixed2 |
3.875% |
4.365%1 |
$1006.52 |
| 15 Year Fixed2 |
4.000% |
4.341%1 |
$739.69 |
| 20 Year Fixed2 |
4.125% |
4.393%1 |
$612.59 |
| 30 Year Fixed2 |
4.250% |
4.446%1 |
$491.94 |
| 15 Year Fixed Jumbo3 |
Please call 281.856.9057 |
| 30 Year Fixed Jumbo3 |
Please call 281.856.9057 |
| 15 Year Fixed Portfolio Start Rate4 |
5.250% |
5.309%1 |
$988.49 |
| 30 Year Fixed Portfolio Start Rate4 |
5.500% |
5.431%1 |
$690.25 |
Insurance to keep your home and household safe.
As a homeowner, be sure to take advantage of competitive rates to protect your loved ones. See how you can insure your loan payments.
Note that if you have questions regarding an error on a mortgage statement or need information, complete this form, and mail to us at First Community Credit Union, Attn: Real Estate, PO Box 840129, Houston, TX 77284-0129.
*We require a copy of the Loan Estimate and Closing Disclosure from the competitor for comparison purposes in order to receive the $250 if we cannot meet or beat your qualified rate in a comparable program. Paid upon completion of loan.
1The annual percentage rate (APR), is the cost of credit over the term of the loan expressed as an annual rate. The APR shown here is based on interest rates and points only and does not take into account other loan specific finance charges you may be required to pay.
210 year fixed, 15 year fixed, 20 year fixed, and 30 year fixed payment examples are based on a $125,000 loan amount. Additional terms and restrictions apply.
3Jumbo Loans are loans greater than $484,350. Payment examples are based on a $500,000 loan amount. Additional terms and restrictions apply.
410 year fixed portfolio start rate, 15 year fixed portfolio start rate, 20 year fixed portfolio start rate, and 30 year fixed portfolio start rate payment examples are based on a $125,000 loan amount. Any loans financed below the FCCU fixed portfolio start rate may be sold to a third party. Additional terms and restrictions apply. Financing for our best rates is based on 740 Credit Score, loan amount, and loan to value at a minimum of 75%. Lower credit score, Higher LTV's or loan amounts under $125,000 may affect interest rate. Please contact our Mortgage Department with any questions concerning loan programs. All loans are subject to lender requirements.
The rates listed above do not include special program rates and do not apply to cash-out refinances. For those rates contact our Mortgage Department at 281.856.9057. RATES ARE SUBJECT TO CHANGE AT ANYTIME WITHOUT NOTICE.
UNDER THE FEDERAL FAIR HOUSING ACT, IT IS ILLEGAL, ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, HANDICAP, OR FAMILIAL STATUS (HAVING CHILDREN UNDER THE AGE OF 18) TO: Discriminate in fixing the amount, interest rate, duration, application procedures or other terms or conditions of such a loan, or in appraising property.
UNDER THE EQUAL CREDIT OPPORTUNITY ACT, IT IS ILLEGAL TO DISCRIMINATE IN ANY CREDIT TRANSACTION: On the basis of race, color, national origin, religion, sex, marital status, or age; Because income is from public assistance; or because a right was exercised under the Consumer Credit Protection Act.