No Down Payment
No Private Mortgage Insurance
15, 20 or 30-Year Terms
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.
MyAdvantage Mortgage from Generations FCU is designed to help you become a homeowner by overcoming these barriers.
- No Down Payment* – Use your savings to make your house a home.
- No Private Mortgage Insurance* – This could help make your mortgage payments more affordable.
- Great Rates & Flexible Terms – Work with a Home Loan Specialist to select the term that works best for your budget.
- Rate Buydown Available – Lower your interest rate up to .5%.
- Fast Decisions – Professional, efficient and friendly service from our Home Loan experts.
- Purchase Only – MyAdvantage Mortgage is not available for mortgage refinance or cash-out.
|MyAdvantage Mortgage||Traditional Mortgage|
|15, 20 and 30 Year Terms|
|No Down Payment||-|
|No Private Mortgage Insurance||-|
|Low Closing Costs||-|