Mortgage Loans
{"items":[{"heading":"Estate Planning Basics","startDate":"August 6 at 10:47am ET","url":"/resources/seminars-events/tennessee/estate-planning-basics","summary":"October 19, 2021
6PM EST
Presented Virtually via WebEx.
Click to Register.
","lat":"","lng":""},{"heading":"Social Security","startDate":"August 6 at 10:48am ET","url":"/resources/seminars-events/tennessee/social-security","summary":"November 9, 2021
6PM EST
Presented Virtually via WebEx
Click to Register","lat":"","lng":""},{"heading":"Shred Day - Gray, TN","startDate":"September 25 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-gray,-tn","summary":"September 25, 2021 – 8AM - 12PM or until trucks reach maximum capacityGray Branch
384 Roy Martin Rd
Gray, TN 37615","lat":"","lng":""},{"heading":"Shred Day - Longview, TX","startDate":"September 25 at 8:00am ET","url":"/resources/seminars-events/texas/shred-day-longview,-tx","summary":"October 8, 2021 – 1PM - 5PM or until the shred truck reaches maximum capacityPine Tree Branch
2002 West Loop 281
Longview, TX 75604","lat":"","lng":""},{"heading":"Shred Day - Blountville, TN","startDate":"October 2 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-blountville,-tn","summary":"October 2, 2021 – 8AM - 12PM or until trucks reach maximum capacityBlountville Branch
1911 Hwy 394
Blountville, TN 37617 ","lat":"","lng":""},{"heading":"Home Buying Seminar","startDate":"October 7 at 12:00pm ET","url":"/resources/seminars-events/tennessee/home-buying-seminar","summary":"October 7, 2021
6PM EST
Presented Virtually via WebEx
Click to Register","lat":"","lng":""},{"heading":"Shred Day - Kingsport, TN","startDate":"October 9 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-kingsport,-tn-(2)","summary":"October 9, 2021 – 8AM-12PM or until trucks reach maximum capacityMeadowview Branch
2021 Meadowview Lane
Kingsport, TN 37660 ","lat":"","lng":""},{"heading":"Construction Seminar","startDate":"October 19 at 3:25pm ET","url":"/resources/seminars-events/texas/construction-seminar-(1)","summary":"October 19, 2021
6PM CST
Presented virtually via WebEx
FOR MEMBERS RESIDING IN TEXAS ONLY
Click to Register
","lat":"","lng":""}]}

Features

Do you dream of owning your own home, but you're overwhelmed by the amount required for your down payment? ECU is here to help with an ECU 100 Mortgage.

This program helps eliminate some of the stresses associated with a traditional mortgage loan by offering up to 100% financing, which means no down payment. And we'll be right beside you every step of the way from application to closing. Your loan is processed, approved and serviced right here at ECU.

  • Up to 100% financing available - even if you're not a First Time Home Buyer (purchases only)
  • No Private Mortgage Insurance (PMI) required
  • Fixed and adjustable rate options available

Find a Loan Officer    

Learn More:

  • Apply for a Mortgage

    Completing our online application is as easy as 1-2-3. Get started today!

  • ECU Title & Escrow

    ECU Title & Escrow is a full-service real estate settlement company that helps members complete the home buying or selling experience at an ECU branch.

  • Find a REALTOR

    Realtors are knowledgeable in many phases of the home buying and home selling process and can be a valuable resource to you.

  • Watch Mortgage Videos

    Have questions about purchasing, building or selling a home? Check out these helpful videos, covering a broad range of mortgage topics.

Have Mortgage Questions?

Calculate Your Answers


So many financial decisions are involved when purchasing or refinancing a home. Should you buy or rent? Will refinancing save you money? How much would your monthly payments be? Our calculators are designed to answer these questions and more.

Mortgage Calculators

Compare Mortgages

Which loan is right for you? See the chart below for unique features of each. If you need help, please contact us or give us a call at 800.999.2328.

Loan TermMaximum Loan To ValueTermMortgage InsurancePrepayment Penalty
Fixed & Adjustable Rate Mortgages97.00%15/20/30 yearYesNo
Federal Housing Administration (FHA)96.50%15/30 yearYesNo
Veterans Administration (VA)100.00%15/30 yearYesNo
USDA100.00%30 yearYesNo
First Time Home Buyers Program105.00%30 yearNoNo
ECU 100 Mortgage100.00%15/20/30 yearNoNo
ECU Purchase Plus105.00%15/30 yearNoNo

FAQs

  • What is the ECU 100 Mortgage?

    The ECU 100 Mortgage is a home loan designed to help buyers who are not first-time homebuyers with the costs of traditional expenses associated with a mortgage loan. This loan offers a no down payment option, no Private Mortgage Insurance (PMI) requirement, and up to 100% financing on the purchase price of the home.

  • What type of housing can I finance with the ECU 100 Mortgage?With the ECU 100 Mortgage, the home must be an owner-occupied primary residence on a traditional stick built, single-family dwelling home. Manufactured homes and condos are not eligible.
  • Are closing costs associated with the ECU 100 Mortgage?Yes. There are closing costs with the ECU 100 Mortgage loan. Funds can come from flexible sources such as gift monies or a secured loan.

Traditional Mortgage Products


Eastman Credit Union offers a variety of traditional and specialty loans.

Home Equity Products


Eastman Credit Union offers a variety of loan options customized for you.

 

View Home Equity Products

Government Loans


Government Loans can be a great option for many people.  To learn more about how ECU can help you with a government loan, use the links below.