MyAdvantage Mortgage
A new path to homebuying from Generations FCU.
No Down Payment or Private Mortgage Insurance Required*
Overcome Financial Hurdles & Achieve Homeownership Now!
At GFCU, our mission is to empower you on your journey to homeownership by removing any obstacles or challenges that may be preventing you from realizing your dream of owning a home. Are you eager to kickstart your future? Discover the advantages of MyAdvantage below:
Saving for a down payment and adding PMI (Private Mortgage Insurance) payments to your current monthly housing expenses can make the difference in being able to afford a new home.
Mortgage Comparison Chart
Find the Mortgage That's Right for You
Traditional Mortgage
*All loans are subject to standard underwriting criteria and approval, and subject to acceptance of appraisal/valuation. Rates and terms may vary based on creditworthiness, qualifications and/or collateral conditions. Property must be a single family home used as primary residence. No other Real Estate Owned property allowed. Escrow account is required. Closing costs must be paid at time of close; no gifts allowed. Asset reserve requirements apply. Maximum loan amount is $766,550. In addition to the 1% origination fee, borrower will be responsible for closing costs which may include title insurance, appraisal fee, and survey costs. Hazard insurance is required, including flood insurance, if applicable.
Generations FCU is an Equal Housing Lender. The credit union makes loans and extend credit without regard to race, color, religion, national origin, sex, handicap, or familial status.
Membership
Not Yet a GFCU Member?
There are many ways to become a member, and you can establish your membership with just $5. There are also many benefits to becoming a member of a credit union, including access to dividend-yielding savings and deposit accounts, as well as competitive loans and credit products.
Ready to become a Generations member and open your account?