Whether you are looking for opportunities to refinance, build or remodel your house, or just for home loans in the USA, BECU has all you need for a smooth and affordable transaction.
Be sure to tinker with our many purchases, refinance and amortization calculators to help you gain a much greater understanding of your financial options. Our website has a wealth of information to help you understand the vital logistics of home financing.
Your fixed-rate loan options
If you anticipate a stable income and address, then our fixed-rate offer, whose rates and payments only fluctuate based on insurance or taxes, might just be right for you. We offer fixed-rate home loans in the USA for a term of 10, 12, 15, 20, or 30 years.
Flexible repayment options
Available from us are 30-year fixed high-balance loans for level interest and principal payments for the whole term and insulating your monthly payments from the market. A no-fee 12-year fixed loan for property equity, accelerated payments, great savings on interest-paid payments, as well as less on closing the payments.
For the very best deal on home loans in the USA, look no further than our flexible and exemplary offers.
Our brilliant BECU mortgage advisory team is fully qualified to guide you through your entire home financing journey. We also exclude any origination fees on refinancing or purchase transactions for adjustable-rate personal loans or fixed-rate mortgages.
First-time home loans
We at BECU understand how challenging first-time home loans in the USA can be to pay off. That is why we offer a first-time buyer grant program for those eligible so that your down-payment is only 1% instead of 3%. If you attend our first-time home buying two-part webinar, live seminar, or self-paced course, you will receive a $250 towards your closing costs.
Home loan rewards
In terms of BECU home rewards, you are set up with a BECU member advocate who will provide extra home financing advice, and match you with a local certified and highly-knowledgeable real estate agent from Prime Alliance Real Estate Services to help find the very best home for you. BECU Home Rewards also award you with 20% of your real estate agent's commission. These are just some of the amazing benefits of BECU home rewards.
BECU Product Details
- Loan Type Home loans
Summary of Services
- Personal Loans
Our commitment to you is simple and affordable home loans
Our over 80 years of superior service reassures our clients that we will treat their unique financial situations with professionalism and respect.
For honourably serving and protecting our country, veterans need only produce their VA Certificate of Eligibility to be offered a zero-down-payment option and not-for-profit credit card savings. The jumbo loan is also available, in fixed-rate or ARM, for houses that generate a larger loan.
Refinancing and remodelling with us
You can repair your home, get a debt consolidation loan and lower your mortgage's monthly payments by refinancing with us, which will allow you to build your equity faster with shorter loan terms, cash out your home equity, lower monthly payments and interest rate, and switch from an adjustable-rate to a fixed one.
Also, remodelling your home with a loan from us may mean no annual fees, no pre-payment or application fees, specialized mortgage advisors, and very low rates.
Your adjustable-rate mortgage options
For those who only want to live in their house for generally ten years or less, will pay off their mortgage within that time, want more value for their money, want their initial payment years more affordable, and is expecting to be able to pay more, later on, will find our adjustable-rate mortgage (ARM) a perfect financial fit.
Your construction journey with us
If you take out a construction home loan with us, we will supply capital for the duration of the construction process, from purchasing the lot to construction, and then to a home mortgage. You can pay interest-only during the construction and then shift to a more permanent mortgage onwards, without any paperwork, re-qualification, or extra fees.
For those building a primary or second home and are hiring a professional builder, you could benefit from our hired builder program, which provides the lesser of either up to 80% appraised value or up to 80% loan-to-acquisition costs.
HELOC and home improvement loans
For those wanting to consolidate debt, improve their home or make a large purchase, BECU's user-friendly home equity lines of credit (HELOC), from up to $250,000, charge no origination fees and provide excellent rates. As a credit union, we have also removed your fees associated with appraisal, pre-payment penalty, title insurance, document mailing and escrow.
A fixed-rate HELOC
A HELOC allows you to borrow and pay off whenever you want of a limited amount within the few allotted years and uses your house's equity to fund your loan. You can also choose a fixed-rate HELOC which can simultaneously activate three advances.
If you do not possess enough equity, you can choose a home improvement loan of up to $25,000 with a fixed rate, which is disbursed in a lump sum. Clearly, there is no better choice for home financing or home loans in the USA than BECU.
Customer Reviews & Testimonials
I was desperate for a home loan and they came through for me. Thank you BECU
— Manchester —
They have some great options to choose from. I was surprised
— York —