Mortgage Loans
{"items":[{"heading":"Home Buying Seminar","startDate":"March 26 at 12:00pm ET","url":"/resources/seminars-events/texas/home-buying-seminar","summary":"March 26, 2019 — 6PM.
Courtyard by Marriott Longview North
1125 E Hawkins Pkwy
Longview, TX 75605","lat":"","lng":""},{"heading":"Social Security, Medicare, and Your Retirement","startDate":"March 26 at 6:00pm ET","url":"/resources/seminars-events/texas/social-security,-medicare,-and-your-retirement","summary":"March 26, 2019 — 6PM
Hampton Inn
3044 N Eastman Road
Longview, TX 75605","lat":"","lng":""},{"heading":"Social Security, Medicare, and Your Retirement","startDate":"March 28 at 6:00pm ET","url":"/resources/seminars-events/tennessee/social-security,-medicare,-and-your-retirement-(1)","summary":"March 28, 2019 — 6PM.
The Depot at Food City
920 N State of Franklin Road
Johnson City, TN 37604","lat":"","lng":""},{"heading":"Importance of Asset Allocation","startDate":"April 4 at 6:00pm ET","url":"/resources/seminars-events/tennessee/importance-of-asset-allocation","summary":"April 4, 2019 — 6PM
The Press Room at Food City
300 Clinchfield Street
Kingsport, TN 37660","lat":"","lng":""},{"heading":"Importance of Asset Allocation","startDate":"April 9 at 6:00pm ET","url":"/resources/seminars-events/virginia/importance-of-asset-allocation","summary":"April 9, 2019 — 6PM
The Euclid Center at Food City
1320 Euclid Avenue
Bristol, VA 24201","lat":"","lng":""},{"heading":"Home Selling Seminar","startDate":"April 11 at 12:00pm ET","url":"/resources/seminars-events/tennessee/home-selling-seminar","summary":"April 11, 2019 — 6PM.
Northeast Tennessee Association of Realtors
105 Tri-City Business Park Drive
Johnson City, TN 37615","lat":"","lng":""},{"heading":"Shred Day - Johnson City, TN","startDate":"April 13 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-johnson-city,-tn","summary":"April 13, 2019 – 8AM-12PM or until trucks reach maximum capacityState of Franklin Branch
255 Marketplace Blvd
Johnson City, TN 37604","lat":"","lng":""},{"heading":"Student Lending Seminar","startDate":"April 16 at 6:00pm ET","url":"/resources/seminars-events/tennessee/student-lending-seminar-(1)","summary":"April 16, 2019 — 6PM
The Crown Center at Food City
1205 N Eastman Road
Kingsport, TN 37660","lat":"","lng":""},{"heading":"Construction Seminar","startDate":"April 16 at 6:00pm ET","url":"/resources/seminars-events/texas/construction-seminar","summary":"April 16, 2019 — 6PM.
Courtyard by Marriott Longview North
1125 E Hawkins Pkwy
Longview, TX 75605","lat":"","lng":""},{"heading":"Importance of Asset Allocation","startDate":"April 23 at 6:00pm ET","url":"/resources/seminars-events/texas/importance-of-asset-allocation","summary":"April 23, 2019 — 6PM
Hampton Inn
3044 N Eastman Road
Longview, TX 75605","lat":"","lng":""},{"heading":"Importance of Asset Allocation","startDate":"April 23 at 6:00pm ET","url":"/resources/seminars-events/tennessee/importance-of-asset-allocation-(1)","summary":"April 23, 2019 — 6PM
The Depot at Food City
920 N State of Franklin Road
Johnson City, TN 37604","lat":"","lng":""},{"heading":"Student Lending Seminar","startDate":"April 25 at 6:00pm ET","url":"/resources/seminars-events/tennessee/student-lending-seminar","summary":"April 25, 2019 — 6PM
The Depot at Food City
920 N State of Franklin Road
Johnson City, TN 37604","lat":"","lng":""},{"heading":"Shred Day - Mount Carmel, TN","startDate":"April 27 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-mount-carmel,-tn","summary":"April 27, 2019 – 8AM - 12PM or until trucks reach maximum capacityMt. Carmel Branch
166 W. Main Street
Mt. Carmel, TN 37645","lat":"","lng":""},{"heading":"Shred Day - Bristol, VA","startDate":"May 4 at 8:00am ET","url":"/resources/seminars-events/virginia/shred-day-bristol,-va","summary":"May 4, 2019 – 8AM - 12PM or until trucks reach maximum capacityLee Highway Branch
16501 Highlands Center Blvd
Bristol, VA 24202","lat":"","lng":""},{"heading":"Home Buying Seminar","startDate":"May 7 at 12:00pm ET","url":"/resources/seminars-events/tennessee/home-buying-seminar-(2)","summary":"May 7, 2019 — 6PM.
Northeast Tennessee Association of Realtors
105 Tri-City Business Park Drive
Johnson City, TN 37615","lat":"","lng":""},{"heading":"Estates and Trusts","startDate":"May 7 at 6:00pm ET","url":"/resources/seminars-events/tennessee/estates-and-trusts","summary":"May 7, 2019 — 6PM
The Press Room at Food City
300 Clinchfield Street
Kingsport, TN 37660","lat":"","lng":""},{"heading":"Estates and Trusts","startDate":"May 14 at 6:00pm ET","url":"/resources/seminars-events/virginia/estates-and-trusts","summary":"May 14, 2019 — 6PM
The Euclid Center at Food City
1320 Euclid Avenue
Bristol, VA 24201","lat":"","lng":""},{"heading":"Shred Day - Greeneville, TN","startDate":"May 18 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-greeneville,-tn","summary":"May 18, 2019 – 8AM - 12PM or until trucks reach maximum capacityGreeneville Branch
3811 E. Andrew Johnson Hwy
Greeneville, TN 37745","lat":"","lng":""},{"heading":"Estates and Trusts","startDate":"May 21 at 6:00pm ET","url":"/resources/seminars-events/texas/estates-and-trusts","summary":"May 21, 2019 — 6PM
Hampton Inn
3044 N Eastman Road
Longview, TX 75605","lat":"","lng":""},{"heading":"Estates and Trusts","startDate":"May 21 at 6:00pm ET","url":"/resources/seminars-events/tennessee/estates-and-trusts-(1)","summary":"May 21, 2019 — 6PM
The Depot at Food City
920 N State of Franklin Road
Johnson City, TN 37604","lat":"","lng":""},{"heading":"Home Buying Seminar","startDate":"July 23 at 12:00pm ET","url":"/resources/seminars-events/tennessee/home-buying-seminar-(3)","summary":"July 23, 2019 — 6PM.
Northeast Tennessee Association of Realtors
105 Tri-City Business Park Drive
Johnson City, TN 37615","lat":"","lng":""},{"heading":"Construction Seminar","startDate":"August 13 at 12:00pm ET","url":"/resources/seminars-events/tennessee/construction-seminar-(1)","summary":"August 13, 2019 — 6PM.
Northeast Tennessee Association of Realtors
105 Tri-City Business Park Drive
Johnson City, TN 37615","lat":"","lng":""},{"heading":"Home Selling Seminar","startDate":"September 1 at 12:00pm ET","url":"/resources/seminars-events/tennessee/home-selling-seminar-(1)","summary":"September 10, 2019 — 6PM.
Northeast Tennessee Association of Realtors
105 Tri-City Business Park Drive
Johnson City, TN 37615","lat":"","lng":""},{"heading":"Home Buying Seminar","startDate":"September 1 at 12:00pm ET","url":"/resources/seminars-events/texas/home-buying-seminar-(1)","summary":"September 10, 2019 — 6PM.
Courtyard by Marriott Longview North
1125 E Hawkins Pkwy
Longview, TX 75605","lat":"","lng":""},{"heading":"Shred Day - Blountville, TN","startDate":"September 14 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-blountville,-tn","summary":"September 14, 2019 – 8AM - 12PM or until trucks reach maximum capacityBlountville Branch
1911 Hwy 394
Blountville, TN 37617 ","lat":"","lng":""},{"heading":"Shred Day - Gray, TN","startDate":"September 28 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-gray,-tn","summary":"September 28, 2019 – 8AM - 12PM or until trucks reach maximum capacityGray Branch
384 Roy Martin Rd
Gray, TN 37615","lat":"","lng":""},{"heading":"Home Buying Seminar","startDate":"October 1 at 12:00pm ET","url":"/resources/seminars-events/tennessee/home-buying-seminar","summary":"October 1, 2019 — 6PM.
Northeast Tennessee Association of Realtors
105 Tri-City Business Park Drive
Johnson City, TN 37615","lat":"","lng":""},{"heading":"Shred Day - Gate City","startDate":"October 5 at 8:00am ET","url":"/resources/seminars-events/virginia/shred-day-gate-city","summary":"October 5, 2019 – 8AM-12PM or until trucks reach maximum capacityGate City Branch
265 Jones St.
Gate City, VA 24251 ","lat":"","lng":""},{"heading":"Social Security Seminar","startDate":"October 8 at 11:30am ET","url":"/resources/seminars-events/tennessee/social-security-seminar","summary":"October 8, 2019 — 11:30AM & 6:00PM
The Crown Center at Food City
1205 N Eastman Road
Kingsport, TN 37660","lat":"","lng":""},{"heading":"Social Security, Medicare, and Your Retirement","startDate":"October 15 at 6:00pm ET","url":"/resources/seminars-events/virginia/social-security,-medicare,-and-your-retirement-(1)","summary":"October 15, 2019 — 6PM
The Euclid Center at Food City
1320 Euclid Avenue
Bristol, VA 24201","lat":"","lng":""},{"heading":"Construction Seminar","startDate":"October 22 at 12:00pm ET","url":"/resources/seminars-events/texas/construction-seminar-(1)","summary":"October 22, 2019 — 6PM.
Courtyard by Marriott Longview North
1125 E Hawkins Pkwy
Longview, TX 75605","lat":"","lng":""},{"heading":"Social Security, Medicare, and Your Retirement","startDate":"October 22 at 6:00pm ET","url":"/resources/seminars-events/tennessee/social-security,-medicare,-and-your-retirement-(2)","summary":"October 22, 2019 — 6PM
The Depot at Food City
920 N State of Franklin Road
Johnson City, TN 37604","lat":"","lng":""},{"heading":"Social Security, Medicare, and Your Retirement","startDate":"October 22 at 6:00pm ET","url":"/resources/seminars-events/texas/social-security,-medicare,-and-your-retirement-(1)","summary":"October 22, 2019 — 6PM
Hampton Inn
3044 N Eastman Road
Longview, TX 75605","lat":"","lng":""},{"heading":"Shred Day - Kingsport, TN","startDate":"October 26 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-kingsport,-tn","summary":"October 26, 2019 – 8AM-12PM or until trucks reach maximum capacityMeadowview Branch
2021 Meadowview Lane
Kingsport, TN 37660 ","lat":"","lng":""},{"heading":"Health Care: Plan for its Cost in Retirement","startDate":"November 7 at 6:00pm ET","url":"/resources/seminars-events/tennessee/health-care-plan-for-its-cost-in-retirement","summary":"November 7, 2019 — 6:00PM
The Crown Center at Food City
1205 N Eastman Road
Kingsport, TN 37660","lat":"","lng":""},{"heading":"Home Selling Seminar","startDate":"November 12 at 12:00pm ET","url":"/resources/seminars-events/texas/home-selling-seminar-(1)","summary":"November 12, 2019 — 6PM.
Courtyard by Marriott Longview North
1125 E Hawkins Pkwy
Longview, TX 75605","lat":"","lng":""},{"heading":"Health Care: Plan for its Cost in Retirement","startDate":"November 12 at 6:00pm ET","url":"/resources/seminars-events/virginia/health-care-plan-for-its-cost-in-retirement","summary":"November 12, 2019 — 6PM
The Euclid Center at Food City
1320 Euclid Avenue
Bristol, VA 24201","lat":"","lng":""},{"heading":"Health Care: Plan for its Cost in Retirement","startDate":"November 14 at 6:00pm ET","url":"/resources/seminars-events/texas/health-care-plan-for-its-cost-in-retirement","summary":"November 14, 2019 — 6PM
Hampton Inn
3044 N Eastman Road
Longview, TX 75605","lat":"","lng":""},{"heading":"Health Care: Plan for its Cost in Retirement","startDate":"November 19 at 6:00pm ET","url":"/resources/seminars-events/tennessee/health-care-plan-for-its-cost-in-retirement-(1)","summary":"November 19, 2019 — 6PM
The Depot at Food City
920 N State of Franklin Road
Johnson City, TN 37604","lat":"","lng":""}]}

Features

Buying a home is one of the biggest financial commitments most of us will ever make in our lives. It's understandable why you might feel a little anxiety when faced with the decision to rent or buy your first home.

We've made it easier for you! Our First Time Home Buyers Program is designed to help with traditional expenses associated with a mortgage loan. Now is a great time to buy and we're here to help you achieve your dream of home ownership.

  • Finance 100% of the purchase price of your home plus a majority of the closing costs*
  • 30-year fixed term available
  • No Private Mortgage Insurance (PMI) requirement
  • No prepayment penalty

Find a Loan Officer

*Interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes; and the consumer should consult a tax adviser for further information regarding the deductibility of interest and charges. Example: 30-year fixed rate loan of $150,000 with a 0% down payment, an annual interest rate of 5.250%, and an APR of 5.340%, would result in a 360 monthly principal and interest payment of $828.31. Payment does not include amounts for taxes and insurance premiums. The actual payment will be greater if taxes and insurance are included. Certain restrictions apply.

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.

First Time Home Buyers Program Rates

Loan TermRateAPRPoints
30 Year Fixed First Time Home Buyers5.750%5.837%0.000%

Rates accurate as of March 13, 2019 and are subject to change.

All rates are subject to change without notice and will be based on your credit history, down payment amount, property type, loan purpose, etc. Rates are based on a purchase transaction with a 0% down payment. APR is based on $100,000 loan amount for a 105% LTV purchase and reflects any pre-paid finance charge.

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 yearYesNo
ECU 100 Mortgage100.00%15/20/30 yearNoNo
ECU Purchase Plus100.00%15/30 yearNoNo

FAQs

  • What is the ECU First Time Home Buyers Program?

    The First Time Home Buyers (FTHB) Program is specifically designed for first-time homebuyers to help with traditional expenses associated with a mortgage loan. With our FTHB loan, you’ll receive low or no down payment options, and there’s no Private Mortgage Insurance (PMI) requirement or prepayment penalty.

  • What is PMI?

    Private Mortgage Insurance, or PMI, is insurance provided by a private company to protect the mortgage lender against losses that might be incurred if a loan defaults. The cost of the insurance is usually paid by the borrower and is most often required if the loan amount is more than 80% of the home’s value. No PMI is required with our FTHB loan.

  • What is a prepayment penalty?

    A monetary penalty charged by a lender if all or part of a loan is paid off before it is due. There is no prepayment penalty with our FTHB loan.

  • Can closing costs be included in with the financing of a FTHB loan?

    Yes, to help with traditional expenses, our FTHB loan allows you to finance up to 105% loan-to-value to include a majority of your closing costs.

  • Who is eligible for a FTHB loan with ECU?

    If you are purchasing your first home, you are eligible for our First Time Home Buyers Program. You are also eligible if you have not owned a home in the last three years or if you’ve been recently divorced and are now buying a new home.