DCCU Mortgage

Special Update for Mortgage Applicants

Alert Icon

Due to an increased volume of applications and changes to accommodate social distancing, the home loan process will take longer than usual. Thank you for your patience as we process applications as quickly as possible.  


What Does 'Welcome Home' Mean to You?

Home means something different to everyone, and we know how important finding the right one is. Because your home isn't just a house. It's where you'll host backyard barbeques and family dinners. It's where you will make lasting memories.

Just like everyone's picture of home is different, every buyer's situation is unique. Your local DCCU mortgage team will help you navigate the lending process, finding the home loan that's right for you. 

Featured Resources

Homebuyer's Workbook

The Homebuyer's Workbook will walk you through the mortgage lending process, introduce you to people you'll meet along the way (Mortgage Advisor, Underwriter, etc.), and outline additional expenses that come with buying a home. 

Download the Homebuyer's Workbook

The Mortgage Lending Process

Even if you've bought a home before, the mortgage lending process can seem overwhelming. We break down the lending process for you, explaining each step, and the emotions you may experience along the way.

Download the Lending Process Brochure

Mortgage Rates Rate APR
5/1 ARM 1.990% 2.604%
3/1 ARM 1.990% 2.714%
30 Yr 2.875% 2.904%
20 Yr 3.000% 3.055%
15 Yr 2.750% 2.803%

Family who purchased a home with a D C C U mortgage

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
    • 20-year fixed rate loan, no down payment required with lender-paid private mortgage insurance.
    • 5/1 ARM 20-year amortization with no down payment required with lender-paid private mortgage insurance.
    • 5/1 ARM 30-year amortization with 3% down with 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 3% down payment with lender-paid private mortgage insurance.
    • 30 year fixed rate loan with 10% down payment and no private mortgage insurance required.
Welcome Home Loans
Explore mortgage options Contact a mortgage advisor

DCCU provides a $1,250 closing cost credit* for all of the above mortgage loan 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 qualifying loans that close and fund. No credits will be applied if your loan does not close with DCCU. The $1,250 closing cost credit can be waived on some DCCU low down payment loan options. 1.99% rates apply to 3/1 or 5/1 adjustable rate mortgage loans. 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

    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

    Learn more about Angel
    Phone: 540.946.3266
    Mobile: 540.487.0868
    NMLS ID# 948511

    Brieanna Coffey

    Brieanna Coffey

    Learn more about Brieanna
    Phone: 540.946.3277
    Mobile: 540.290.6368
    NMLS ID# 787318

    Matt Lunsford

    Matt Lunsford

    Learn more about Matt
    Phone: 540.946.3296
    Mobile: 540.447.4827
    NMLS ID# 311218

    Kathy Perdue

    Kathy Perdue

    Learn more about Kathy
    Phone: 540.946.3234
    Mobile: 540.836.6861
    NMLS ID# 759067

    Tina Coffey

    Tina Coffey

    Learn more about Tina
    Phone: 540.946.3260
    Mobile: 540.476.5775
    NMLS ID# 297708

    Diana Sample

    Diana Sample

    Learn more about Diana
    Phone: 540.946.3267
    Mobile: 540.649.0657
    NMLS ID# 265398

    Michelle Coffey

    Michelle Coffey

    Learn more about Michelle
    Phone: 540.946.3262
    Mobile: 540.280.9105
    NMLS ID# 414848

    Sam Torres

    Sam Sandoval

    Learn more about Sam
    Phone: 540.946.3236
    Mobile: 540.435.2990
    NMLS ID# 1634016

    Noel Frye

    Noel Frye

    Learn more about Noel
    Phone: 540.946.3264
    Mobile: 540.470.8091
    NMLS ID# 713228

    Joe Wingfield

    Joe Wingfield

    Learn more about Joe
    Phone: 540.946.3276
    Mobile: 540.649.3546
    NMLS ID# 1969003

    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.

    Which Option Are You Interested In? Tell Us More About Yourself. What's The Best Way To Contact You?

    Am I eligible?
    and / or

    help desk software

    External Link Notice...

    You are about to open a webpage that is not controlled or owned by DCCU. DCCU does not contribute to the content displayed on this website and does not represent you or the third party in transactions conducted via external links. Please be aware that information security and privacy policies may differ from those implemented by DCCU.

    Accept Cancel