Loans

Mortgages

30-year fixed rates as low as 2.99%*

15-year fixed rates as low as 2.49%*

 

Help build certainty into your cashflow. Our Mortgages are highly competitive, and we will work with you to get the best products and rates possible. Let us help you save on monthly mortgage payments and improve your cashflow.

Enjoy competitive, fixed rates when you choose a Mortgage from GFCU. We offer Conventional Mortgage Loans and Jumbo Mortgage products.

Our easy application and quick closing means you can unlock the door to your new home sooner.

First-time and seasoned homebuyers alike trust the purchase or refinance of their home to a local lender and neighborhood expert. Generations FCU has been in the community for 80 years, offering quick, local decisions and personalized service every step of the way.

Let a Generations’ Mortgage Consultant match you with a mortgage that meets your needs and budget.

To get our Generations FCU portfolio rates of 30-year fixed rates as low as 2.99%* and 15-year fixed rates as low as 2.49%*, please call our Loan Specialists at 210-230-9380.

Mortgage Rates

30-Year Fixed Rate Mortgage

Rate (as low as)APR
2.99%3.066%

Rates are effective as of 4/7/2020. All loans are subject to approval. Rates and terms are subject to change without notice and may vary based on creditworthiness or specific loan details. Fees may apply. The rates provided above assume the purpose of the loan is to purchase a property, with a loan amount of $136,000 and an estimated property value of $170,000. Different rates apply for cash out transactions. The property is located in San Antonio, TX and is within Bexar County. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed FICO score is 680.

20-Year Fixed Rate Mortgage

Rate (as low as)APR
2.69%2.797%

Rates are effective as of 4/7/2020. All loans are subject to approval. Rates and terms are subject to change without notice and may vary based on creditworthiness or specific loan details. Fees may apply. The rates provided above assume the purpose of the loan is to purchase a property, with a loan amount of $136,000 and an estimated property value of $170,000. Different rates apply for cash out transactions. The property is located in San Antonio, TX and is within Bexar County. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed FICO score is 680.

15-Year Fixed Rate Mortgage

Rate (as low as)APR
2.49%2.628%

Rates are effective as of 4/7/2020. All loans are subject to approval. Rates and terms are subject to change without notice and may vary based on creditworthiness or specific loan details. Fees may apply. The rates provided above assume the purpose of the loan is to purchase a property, with a loan amount of $136,000 and an estimated property value of $170,000. Different rates apply for cash out transactions. The property is located in San Antonio, TX and is within Bexar County. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed FICO score is 680.


Fixed-Rate Mortgages

At Generations FCU, fixed-rate mortgages maintain their original interest rate throughout the term of the loan. It’s a great option if you plan to stay in your home for a long time or if you prefer the security of a fixed rate.

  • Available for a primary residence, a second home or investment property
  • Conventional and jumbo programs are available
  • Purchase or Refinance

Ready to Apply?

Choose a longer term to keep your payment amount low or a shorter term to save money over time. Our Home Loan Specialists can help you find the perfect mortgage for your needs and budget.

To get our Generations FCU portfolio rates of 30-year fixed rates as low as 2.99%* and 15-year fixed rates as low as 2.49%*, please call our Loan Specialists at 210-230-9380.

Apply Online Now


First-Time Homebuyers

Purchasing your first home is an exciting time, but can also be stressful if you don’t have the right information going into the process.

Our partners with the City of San Antonio offer a monthly homebuyer education class that assists homebuyer hopefuls with all of their home loan questions. This monthly class covers topics such as understanding credit, applying for a mortgage, and what to expect when shopping for a home.

This class also has a special emphasis on the down payment assistance programs offered by the City.

Interested attendees can register online on the City of San Antonio’s website.

Mortgage Overview from Generations Academy

Mortgage Overview_Generations Academy

Explore homeownership costs and benefits, the types of home loans available to you, and how to secure a mortgage. This video from Generations Academy goes over the various features and costs of different home loan options, as well as the steps to applying for a loan.

You can also explore a wide-range of other financial topics, calculators and more on Generations Academy, presented in quick, interactive, easy-to-follow modules.

 

*Interest rate pending home value, loan balance, down payment, loan term, credit worthiness and other factors. Final APR will be quoted upon receipt of application. All loans are subject to approval. Rates and terms are subject to change without notice and may vary based on creditworthiness or specific loan details. Fees may apply. Visit MyGenFCU.org additional information.