MyAdvantage Mortgage
A new path to homebuying from Generations FCU.
No Down Payment or Private Mortgage Insurance Required*
Overcome Financial Hurdles & Achieve Homeownership Now!
At GFCU, our mission is to empower you on your journey to homeownership by removing any obstacles or challenges that may be preventing you from realizing your dream of owning a home. Are you eager to kickstart your future? Discover the advantages of MyAdvantage below:
Saving for a down payment and adding PMI (Private Mortgage Insurance) payments to your current monthly housing expenses can make the difference in being able to afford a new home.
Use your savings to make your house a home.
This could help make your mortgage payments more affordable.
Work with a Home Loan Specialist to select the term that works best for your budget.
Lower your interest rate up to .5%.
Professional, efficient and friendly service from our Home Loan experts.
MyAdvantage Mortgage is not available for mortgage refinance or cash-out.
Mortgage Comparison Chart
Find the Mortgage That's Right for You
Competitive Rates
15, 20 and 30 Year Terms
No Down Payment
No Private Mortgage Insurance
Low Closing Costs
Refinance Available
Cash-Out Available
Traditional Mortgage
*All loans are subject to standard underwriting criteria and approval, and subject to acceptance of appraisal/valuation. Rates and terms may vary based on creditworthiness, qualifications and/or collateral conditions. Property must be a single family home used as primary residence. No other Real Estate Owned property allowed. Escrow account is required. Closing costs must be paid at time of close; no gifts allowed. Asset reserve requirements apply. Maximum loan amount is $766,550. In addition to the 1% origination fee, borrower will be responsible for closing costs which may include title insurance, appraisal fee, and survey costs. Hazard insurance is required, including flood insurance, if applicable.
Generations FCU is an Equal Housing Lender. The credit union makes loans and extend credit without regard to race, color, religion, national origin, sex, handicap, or familial status.
Membership
Not Yet a GFCU Member?
There are many ways to become a member, and you can establish your membership with just $5. There are also many benefits to becoming a member of a credit union, including access to dividend-yielding savings and deposit accounts, as well as competitive loans and credit products.
Ready to become a Generations member and open your account?
