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First-time homebuyer. Future homeowner. First-time homebuyer

We'll guide you every step of the way to make your first home purchase as smooth as can be. We offer:

Become a homeowner

First-time homebuyer. Future homeowner. First-time homebuyer

We'll guide you every step of the way to make your first home purchase as smooth as can be. We offer:

Become a homeowner

How does it work? Three simple steps.

Apply for a conditional approval.

Find out what you can afford and start shopping for a home.

Make an offer.

Include the conditional approval with your offer. Complete your application.

Close with confidence.

Sign the closing documents and get the keys to your new home.

Which WSECU home loan is right for you?

We offer loans with different terms and interest rates, so we can accommodate different budgets and down payments. Explore our options to find the one that best meets your needs.

Zero Down Mortgage

If you have a strong credit score, you may qualify for a zero-down fixed- or adjustable-rate loan. WSECU offers 100% financing on primary residence purchases, making homeownership possible for many first-time homebuyers.

Become a homeowner

a couple hugging while holding keys to their new house

FHA Mortgage

With a down payment as low as 3.5% and flexible credit requirements, turn the dream of owning a home into reality with a mortgage insured by the Federal Housing Administration (FHA).

Become a homeowner

FHA 30-Year Fixed Rate

6.125%*
Interest Rate The amount you'll pay each year to borrow the money, expressed as a percentage.
6.929%*
Annual Percentage Rate (APR) The cost of the loan, including interest and fees.
Payment example
Here's what you'll need

Rates subject to change at any time.

VA Mortgage

We proudly offer VA loans to qualified military borrowers. Enjoy up to 100% financing, no Private Mortgage Insurance (PMI) and flexible credit qualifications. We're committed to serving those who've served us.

Become a homeowner

VA 30-Year Fixed Rate

6.125%*
Interest Rate The amount you'll pay each year to borrow the money, expressed as a percentage.
6.419%*
Annual Percentage Rate (APR) The cost of the loan, including interest and fees.
Payment example
Here's what you'll need

Rates subject to change at any time.

How to apply

Call 800.562.0999 Visit your nearest branch Find a Home Loan Officer Become a homeowner

Mortgage Affordability Calculator

How much house can I afford?

Answer three questions to find out. It takes less than five minutes to complete and see your results.

Get started
Get started
Question 1 of 3

If you’re buying a home with a partner, include gross income for both you and your partner.

Enter in a dollar amount greater than $0
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Question 2 of 3

Include your minimum payments for credit cards, student loans, car payments, child support, etc. Do not include living expenses, such as rent or food.

Enter in a dollar amount of $0 or more
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Question 3 of 3

This is the amount you pay upfront. It can be as low as $0, depending on the type of loan.

Enter in a dollar amount of $0 or more
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For an individual, annual gross income equals the total amount of money earned in one year, before taxes.
Enter in a dollar amount greater than $0
Include monthly payments on revolving debts, alimony, child support and other recurring monthly obligations.
Enter in a dollar amount of $0 or more
The cash put toward the purchase of a home to make up the difference between the purchase price and the mortgage loan - usually a percent of the purchase price, i.e. '5% down'
Enter in a dollar amount of $0 or more
The duration of time it takes to pay off the loan.
Additional details
The amount you'll pay each year to borrow the money, expressed as a percentage.
Enter in a valid interest rate
Taxes paid based on the value of the property.
Enter in a dollar amount greater than $0
A form of property insurance that covers losses and damages to an individual's house and to assets in the home.
Enter in a dollar amount greater than $0
Private Mortgage Insurance protects the lender in the event the borrower defaults on a loan with a downpayment of less than 20% and is included in the monthly payment.
Fees paid to an organization of homeowners of a particular subdivision, condominium, or planned unit development.
Enter in a dollar amount greater than $0

We’re having trouble calculating how much house you can afford. Please make sure all fields to the left are filled out correctly before continuing.

Your debt-to-income (DTI) ratio is above 45%. DTI is one of the main ways lenders determine whether you qualify for a mortgage. A DTI below 36% is ideal. The lower your DTI, the more likely you are to qualify for a home loan. Speak with a loan officer today to discuss what options may be available to you.

Read How to Qualify for Your First Home Loan article.
Home PriceMonthly Payment
Select the type of payment plan you want depending on your financial situation
Comfortable
monthly payment
Stretching
monthly payment

Your debt-to-income (DTI) ratio is 35%. You’ll have a comfortable cushion to cover things such as food, utilities and entertainment.

Your debt-to-income (DTI) ratio is 45%. To be in the best position to purchase a home, you may need to pay down some of your debt.

Apply now
Contact a loan officer

When using the calculator, please remember the dollar amounts displayed are not guaranteed. Actual payments may differ. Estimates are for illustrative and educational purposes only. The results of any loan calculator are not intended to be, and should not be considered, a decision of or commitment to the loan type or amount for which you may qualify.

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.

Forbes 2023 Best-in-State Credit Unions

Resources

What type of home loan is right for you?

How to Choose the Best Mortgage

Step-by-Step Guide to Getting Your First Mortgage

* These mortgage rates are based on assumptions and conditions including but not limited to property type, occupancy, loan-to-value and credit score. Your interest rate will be based on loan specifics and your credit history. Once your rate is locked, a float-down option may be available.

Ready to take the first step?

Get prequalified and start shopping for your dream home today.

Become a homeowner

Your perspective is important to us and helps us see where we’re hitting the mark and where there might be areas to improve.

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