First Time Homebuyers
Watch our educational webinar to learn about anything and everything for our first time home buyers.
Home Mortgage Loans
Whether you’re buying your first place or your next one, we’ll help you find the right mortgage. APPLY NOW Book AppointmentGet a Home Mortgage Loan
We understand that purchasing a home is one of life’s biggest investments, which is why we’re committed to finding the right financing solution for your unique situation. When you apply for a mortgage with us, you’ll experience streamlined applications and expert guidance from local lending specialists who know the market. Ready to apply for a home loan? Let us help you unlock the door to your new home with a variety of loan programs designed to fit your needs and budget.
Home Mortgage Loan Features
Discover home mortgage loans designed to make your dream home a reality. Whether you're a first-time buyer or ready to upgrade to a larger home, our advisors stay with you through every part of the loan process to help you understand your options and find a loan that fits your needs.
Competitive Rates
Flexible Terms
Easy to Prequalify
Personalized Support
Check Out Washington’s Competitive Home Mortgage Loan Rates
| Loan Type | Rate* | Points | APR** | Example Loan | Monthly Payment*** | effective date |
|---|---|---|---|---|---|---|
| 30-Year Fixed | 6.250% | 0.875% | 6.396% | $300,000 | $1,847.15 | 5/11/2026 |
| 15-Year Fixed | 5.500% | 1.000% | 5.751% | $300,000 | $2,451.25 | 5/11/2026 |
| 7-Year ARM | 5.500% | 0.875% | 6.080% | $300,000 | $1,703.37 | 5/11/2026 |
| 30-Year Fixed Invest | 6.875% | 1.000% | 7.018% | $300,000 | $1,970.79 | 5/11/2026 |
| Jumbo 30-Year Fixed | 6.375% | 0.500% | 6.467% | $900,000 | $5,614.83 | 5/11/2026 |
| Jumbo 15-Year Fixed | 5.625% | 0.750% | 5.808% | $900,000 | $7,413.59 | 5/11/2026 |
| 7-Year Jumbo ARM | 5.500% | 0.875% | 5.981% | $900,000 | $5,110.10 | 5/11/2026 |
* Rates are owner occupied single-family purchase money rates assuming a 25% down payment and credit score of 780.
**The Annual Percentage Rate (APR) is the cost of credit expressed as a yearly rate. The APR takes into account closing costs and fees. Interest rates, APRs, and points shown are subject to change without notice.
***Payment examples are principal and interest only and do not include amounts for taxes and insurance premiums. Actual payment may vary based on your specific situation.
We're Here for You
How to Get a Home Loan & Start Your Journey to Homeownership
Your home is a special place. And we're here to make the home buying process easier and stress-free, with competitive rates and low fees. Get started today!
Apply Now-
Apply for a mortgage with WECU
Whether you are brand new to the process or just found the house of your dreams, meet with one of our experts to prepare for your journey and apply for a mortgage. -
Add a realtor to the team
Now that you have your WECU preapproval letter you’re ready to make an offer. We’ll be right there with you and your agent to answer questions along the way. -
Mortgage loan steps after your offer is accepted
This leg of journey goes quickly. We’ll work together to navigate a clear path to your new front door. -
Finalize your home loan and move in
Congratulations; you’ve done it! And now you have a guide for life. Unlike other lenders, WECU stays on your team to process your payments, answer your questions and be there for whatever you need.
Mortgage Calculator
Why WECU?
Benefits of a WECU Mortgage
• Competitive rates & low fees
• Local servicing
• Free pre-approvals
• Automatic payment options
• 24/7 online access to your account
• Online application and approval
Are you a veteran?
Choose WECU for a VA Home Loan
Unlock the path to homeownership with VA loans, designed to honor the service of veterans and active-duty personnel. Enjoy competitive rates, flexible terms, and dedicated support throughout the process. Explore our VA loans page to discover how we can help you achieve your homeownership goals.
Limited Downpayment Funds
FHA Loan Program
The FHA loan program can be an option for homebuyers who may have limited funds for a down payment or who are working to strengthen their credit profile. FHA purchase loans allow for a down payment of less than 5% and those funds may come from an approved gift source. FHA guidelines permit more flexible credit and qualifying standards compared to some other loan programs. This may help make homeownership more accessible for eligible borrowers.
See Why Members Choose WECU for Washington Home Loans
"I cannot think of one time where I have felt not at home when in a WECU branch or speaking to someone from WECU!"
Aine
Member since 2008
"WECU is always striving to be better and always put members first. I’ve been a member for years and I’ve never had a bad encounter!"
Mae
Member since 2008
Frequently Asked Questions About Home Mortgages and Loans
Do I need to be a member to get a mortgage?
Yes, and becoming a member is easy. You can join online in minutes or in person at one of our local branches, and many members complete membership as part of the mortgage application process.
How do I get preapproved for a mortgage?
Just complete this application form and you will be guided through next steps.
Can I buy a home if I have less-than-perfect credit?
Yes! Many members buy homes with less‑than‑perfect credit. We offer a range of loan options, including programs designed for buyers with lower or rebuilding credit. Your loan terms will depend on your overall financial picture – not just your credit score. Our mortgage team is happy to help you understand steps to improve your credit and strengthen your application.
How long does it take to close on a mortgage?
Most home purchases close in about 30 to 60 days after an offer is accepted. This timeline can vary based on many different factors. Our mortgage team works closely with you, your real estate agent, and the title company to keep the process moving smoothly and efficiently.
I am a first-time homebuyer. What should I do?
Congratulations! Buying your first home can feel overwhelming, but we’re here to help. First, fill out this form to get pre-approved and understand your price range. As a credit union, we’re focused on education and guidance. Our goal is to help you make informed decisions and feel confident throughout the homebuying journey. Schedule an appointment with one of our mortgage specialists for detailed guidance from start-to-finish.
Take The Next Step in Your Home Buying Journey
We'll guide you through every step of the process.
Get StartedThe information provided on this page is for comparative purposes only. Rates and terms may change at any time and without prior notice. Your actual rate, payment, terms, and costs could be different. Get an official Loan Estimate before choosing a loan. Your rate, fees, and terms may differ based on when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, loan to value ratio, etc. All home lending products, including mortgage, home equity loans and home equity lines of credit, are subject to credit and collateral approval.
The payment examples do not include mortgage insurance, amounts for taxes, and insurance premiums. The actual payment will be higher if mortgage insurance is required on your loan. Your actual payment obligation will be greater considering taxes and insurance premiums. An initial borrower deposit may be required if an escrow account for taxes and insurance is established.
There may be additional loan options (not available online) for your specific loan type, including USDA, depending on loan amount, occupancy, number of units, loan to value and purpose. Please call us at 800-525-8703 x7390 or TTY 800-833-6388 to discuss additional options or click Team page to make an appointment with a Mortgage Advisor.
Adjustable Rate Mortgage Disclosure
Consumer Handbook on Adjustable Rate Mortgages
NMLS ID 401041
WECU real estate products are available only for properties located within Washington State.