Whether you’re looking to purchase a home for the first time or make upgrades to your current home, our team has you covered! Talk with one of our talented Mortgage Loan Originators to help guide you through the process. We feel the truest value we can offer you is the time our team takes to learn about you and your goals. We strive to find the perfect solution for your needs so we can offer you the best, most personal options available.
Sam not only responded to my inquiry quickly, but explained everything I would be looking, why, as well as the possible final outcomes of each direction we could take. She was more than knowledgeable and available at all times. She was patient, kind, helpful, and never made me freel like a bother.
Shawn Simmons went above and beyond during our refinance. He worked diligently with us, gave us all the information we needed for us to make informed decisions, and was in contact throughout the entire process from beginning to closing. He is an excellent loan officer.
TYPES OF MORTGAGES
Whether it is a conventional 30 year mortgage, FHA, or VA loan, look to HFCU to guide you through the mortgage process easily and with an eye towards your goals. With excellent rates and fast, friendly service let Heritage Financial help – we’re easy to do business with!
Conventional loans are a bit harder to qualify for, but they typically cost less over time than an FHA loan. You can avoid paying private mortgage insurance if your down payment is 20% or more. This can save you hundreds of dollars on your monthly mortgage payment.
VA loans are exclusively for veterans, eligible surviving spouses and active-duty service members. VA loans offer the opportunity to buy a home with no down payment or private mortgage insurance.
FHA loans are the easiest to qualify for. They require a low down payment and FICO® score, but they can cost more over time because they require you to pay a fee called mortgage insurance. You can get an FHA loan from any FHA-approved lender. These loans are insured by the Federal Housing Administration (FHA), which just means that the FHA protects lenders against loss from homeowners who default on their loans.