DCCU Routing # 251483311


Purchase Options

Choose from a variety of mortgage options, all designed to get you into the home you need with flexible terms that fit your budget.

DCCU’s Welcome Home Loans are designed to provide affordable financing options for home buyers.

Your Mortgage Options

Fixed-Rate Mortgage

  • 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)

Front porch of home with a porch swing

Adjustable-Rate Mortgage

  • Interest rates are fixed for the first 3 years (with a 3/1 ARM) or 5 years (with a 5/1 ARM or 5/5 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

neighborhood with American flags on porches

Government Loans

FHA | 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 | 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.

Field of land at sunset

Land Loans

A land loan is a way to finance a property that doesn’t have a house built on it. This loan allows you to secure the location of your next home before you start the construction process.                    

  •  1-year adjustable-rate mortgage loan with a 10 year or 20-year term
  • Make a 10% down payment when purchasing up to 20 acres
  • Purchase land anywhere in Virginia