BECU

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.