Welcome Home Loans

DCCU's Welcome Home loans are designed to provide affordable financing options for home buyers. 

Our suite of Welcome Home Loans includes:

  • DCCU low down payment options
    • 5/1 20-year Adjustable Rate Mortgage (ARM) with no down payment required and lender-paid private mortgage insurance.
    • 5/1 ARM 30-year amortization with 3% down and lender-paid private mortgage insurance.
    • 5/1 ARM 30-year amortization with 10% down and no private mortgage insurance required.
    • 30 year fixed rate loan with 10% down payment and no private mortgage insurance required.

DCCU provides a $1,250 closing cost credit* for all of the above low down payment options.

  • Fannie Mae's Home Ready Option - Fixed rate mortgage with 3% down and private mortgage insurance required. Income restrictions apply.
  • USDA Rural Development loans - A USDA home loan can be a good option for those with little or no down payment. Income and geographic restrictions apply. 
  • FHA loans - An FHA home loan can be a good choice if you have a small down payment or difficulty qualifying for a traditional mortgage. Buyers can put down as little as 3.5% of the purchase price.
  • VA Loans - A qualified veteran can purchase a home with no down payment through DCCU.
  • Fixed rate loans - DCCU offers 10, 15, 20, and 30-year loan options through our partnership with Fannie Mae.

*Closing costs credit only applies to ARMs that close and fund. No credits will be applied if your loan does not close with DCCU. ARM rates are adjustable. The 5/1 ARM rate will adjust at the end of the 5-year term and is tied to the 1 Year Constant Maturity Treasury Rate. The max rate increase at the end of 5 years is 2.50%, with a 6% increase lifetime cap. Example loan: $120,000 loan amount, 3.90% entry rate and 3.36% APR, $566.00 per month principal and interest payment. Rates, terms, index margin, and conditions are subject to change at any time and may vary based on creditworthiness, qualifications, and collateral conditions. All loans subject to credit approval and certain restrictions apply.

NMLS ID#609369 | nmlsconsumeraccess.org

DCCU Welcome Home Loans

Mortgage Rates APR Rate
5/1 ARM 3.783% 3.375%
3/1 ARM 3.802% 3.125%
30 Yr 4.156% 4.125%
20 Yr 3.932% 3.875%
15 Yr 3.572% 3.500%

Mortgage Advisors

DCCU's mortgage team is excited to help make your dream of affordable home ownership a reality! Contact the mortgage advisor near you with questions about buying or refinancing your home or to get pre-qualified or approved for a mortgage.

Angel Fitzgerald

Angel Fitzgerald

Serving Harrisonburg and the Rockingham County Area
Phone: 540.946.3266
NMLS ID# 948511

Sherry Shafer

Sherry Shafer

Serving Waynesboro and the Augusta County Area
Phone: 540.946.3261
NMLS ID# 1197339

Kathy Perdue

Kathy Perdue

Serving Augusta and the Rockbridge County Area
Phone: 540.946.3234
NMLS ID# 759067


Tina Coffey


Serving Waynesboro and the Augusta County Area
Phone: 540.946.3260
NMLS ID# 297708

Matt Lunsford

Matt Lunsford

Serving Verona and the Rockingham County Area
Phone: 540.946.3296
NMLS ID# 311218

Diana Sample


Serving Staunton and the Surrounding Area
Phone: 540.946.3267
NMLS ID# 265398


Brieanna Coffey


Serving Harrisonburg and the Shenandoah County Area
Phone: 540.946.3277
NMLS ID# 787318

Jupie Wagner

Jupie Wagner

Serving Staunton and the Augusta County Area
Phone: 540.946.3262
NMLS ID# 1562936


Contact a 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.

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