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ETFCU Now Offers FHA and VA Mortgage Loans
The credit union's wide variety of mortgage loan options now includes Federal Housing Administration (FHA) and Veterans Administration (VA) mortgage loans.
FHA loans offer the following benefits that may be especially attractive to homebuyers with lower credit scores or those looking for a lower down payment:
VA loans are available to qualified veterans including those who have served for more than 90 days during wartime or 181 days during peacetime and those who served in a branch of the reserves for at least six years. VA loans offer these benefits:
- 100% financing is available in most cases
- No monthly mortgage insurance to pay
- Low fixed rates are offered
- Low closing costs are charged
For more information or to apply, contact ETFCU’s Real Estate Lending Department at (812) 469-9928 or 1-800-800-9271. You can also apply online at our Online Mortgage Center.
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