DCCU Routing # 251483311
How can DCCU help you today?
Welcome Home Loans
Whether you’re a first time home buyer, ready for your next home, or are looking to refinance, DCCU has the right mortgage option for you. Contact us today!
The DCCU Mortgage Lending Experience
5. Order – DCCU orders third party services such as appraisal and title
6. Prep – DCCU prepares your file for underwriting
7. Underwrite – DCCU validates all submitted documentation and then formally approve or deny your loan
8. Satisfy – DCCU satisfies conditions such as appraisal, title, assets, and employment verification
9. Clear – DCCU clears the file for closing
10. Close – You sign closing documents and get the keys to your new home
Your Mortgage Options
- Fixed-Rate
- Adjustable-Rate
- Government Loans
- Principal and interest payments are level for the life of the loan (monthly payments may vary based on changes to taxes, insurance, etc.)
- A variety of terms are available, including 30, 20, and 15 year terms
- Good for long-term living
- Refinancing is required to receive a lower interest rate in the future
- Borrowers do not get the benefit of a lower initial rate (as compared to an ARM)
- Interest rates are fixed for the first 3 years (with a 3/1 ARM) or 5 years (with a 5/1 ARM)
- ARMs can feature lower rates and payment early in the loan term. Lower rates allow for the principal to be reduced more quickly.
- Monthly payments may adjust in the future as the interest rates change
- For qualified borrowers you can get up to 100% financing with Private Mortgage Insurance
FHA | An FHA home loan can be a good choice if you have a small down payment or difficultly qualifying for a traditional mortgage. Buyers can put down as little as 3.5% of the purchase price.
VA | A qualified veteran can purchase a home with no down payment through DCCU.
USDA Rural Development Loan | This home loan can be a good option for those with little or no down payment. Income and geographic restrictions apply.
Mortgage Resources
Mortgage Calculator
Use the mortgage calculator to calculate your estimated monthly payment. Our mortgage team is happy to help you find the right home loan for your situation and guide you through the lending process.
Estimate Now
Fixed or adjustable mortgage
Use this calculator to compare a fixed and adjustable mortgage.
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DCCU Homebuyer’s Guide: The Path to Homeownership
Whether you are an experienced homebuyer, or this is your first time, the DCCU Homebuyer's Guide will help you navigate the process and answer questions that may arise along the way.
View Guide
3 Advantages of Homeownership
Becoming a homeowner brings a lot of responsibility, but also offers several rewarding benefits. Here are just three of the advantages to owning a home.
Read Blog
REACH OUT TO OUR TEAM
Contact a DCCU Mortgage Advisor
At DCCU, we understand that purchasing or refinancing a home is one of the biggest decisions you'll make. That's why we provide both great rates and personal service to our members.
Complete the short form below to have one of our mortgage experts contact you to answer any home loan questions you may have.
Contact Us
Local Calls: 540.946.3200
Out of Area Calls: 800.245.8085
P.O. Box 1365,
Waynesboro, VA 22980
Local Calls: 540.946.3200
Out of Area Calls: 800.245.8085
P.O. Box 1365, Waynesboro, VA 22980
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