Open doors to owning a home Open doors to owning a home
Turn the dream of owning a home into reality with a mortgage insured by the Federal Housing Administration (FHA)
A Federal Housing Administration loan offers:
- Down payments as low as 3.5%
- Flexible FICO® Score credit requirements
- Less restrictive debt-to-income guidelines
Forbes #1
A Forbes Best-in-State Credit Union in Washington 4 years running
A Forbes Best-in-State Credit Union in Washington 4 years running
Our service to you
We’re committed to helping you buy a home. Your FHA loan will be handled quickly and efficiently with personal support every step of the way.
FHA home loans are typically more flexible than conventional mortgages, with lower rates and lower credit requirements.
- Fixed- and adjustable-rate options
- Available for owner-occupied primary residence in WA, OR, or ID
- Experienced Loan Officers to guide you throughout the process
FHA Rates
30-Year Fixed Rate
20-Year Fixed Rate
15-Year Fixed Rate
Rates subject to change at any time.
FAQ
Frequently asked questions
FHA loans are backed by the Federal Housing Administration. They’re generally easier to qualify for than conventional loans and typically have smaller down payment requirements.
Yes. With FHA loans, you’ll need to pay a mortgage insurance premium (MIP) that can be canceled if the loan is paid off or refinanced. MIP comes in two forms: upfront MIP that can be financed in the loan amount, and annual premiums that are included in the borrower’s monthly mortgage payment.
Yes. FHA rules allow you to use gifted funds for your down payment and certain closing costs.
Why WSECU?
WSECU membership has its perks. Enjoy favorable rates on everything from credit cards to savings accounts. Insured deposits. A great mobile app. Access to your money from ATMs anywhere in the world. Unparalleled member service. It's no wonder Forbes ranked WSECU a Best-in-State Credit Union in Washington 4 years running. And since you'll be part of a member-owned cooperative that gives 4% of its net income back to your local community, you'll see the good happening all around you. Every day.
