Mortgage Loans
We make mortgage loans to help our members - not to attract out-of-town investors. Our sole focus is on helping you make the best decisions, so you can move in to - and more importantly, keep - the home you’ve always wanted. Because we’ll always remember the one thing that the big banks seem to forget, but that you’ve always known: It’s not an investment in Wall Street. It’s an investment in yourself.
At Neighbors, we make loans work for you, not the other way around. That's why we offer both fixed rate and adjustable rate mortgage loans with:
- Competitive rates
- Low closing costs
- Personalized consultation
- On the spot pre-approval
- Make payments at the credit union
- 97% financing on single family or two family owner occupied homes (certain restrictions apply)
- Federal Housing Administration (FHA) and Veterans Affairs (VA) loans available
To schedule a free consultation, complete an application or expand your home buying knowledge, click here.
| Mortgage Type | Right for you if... |
|---|---|
| 10-15 Year Mortgage | Want to pay off your mortgage in a hurry and build equity quickly with the stability of fixed monthly payments. |
| 20-40 Year Mortgage | Plan to stay in your home for a long time and want to enjoy competitive interest and income tax deductibility. |
| First Time Home Buyer | First time homebuyer needing a flexible way to qualifiy and seeking a low down payment. |
| Reverse Mortgage | Want to convert part of your home's equity into tax-free income (restrictions apply). |
* Offers lower, constant rates at first, then rates are adjusted on a regular basis in relation to the 1 year U.S. Treasury Constant Maturity Index.
Determine your payments with our calculator.
Apply For A Loan
There are several easy ways to apply for a Neighbors Credit Union loan.
- Online - Apply online.
- Phone - Call 314-892-5400 and ask for the Real Estate Department.
- Branch - Visit one of our locations and speak with a Member Service Representative.
