Mortgage Loans
{"items":[{"heading":"Retirement Income Planning","startDate":"April 8 at 1:25pm ET","url":"/resources/seminars-events/tennessee/retirement-income-planning","summary":"April 20, 2021
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Presented Virtually via WebEx
Click to Register.
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6PM EST
Presented Virtually via WebEx.
Click to Register.
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Presented Virtually via WebEx
Click to Register","lat":"","lng":""},{"heading":"Shred Day - Kingsport, TN","startDate":"April 24 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-kingsport,-tn","summary":"April 24, 2021 – 8AM-12PM or until trucks reach maximum capacityWilcox Branch
201 S. Wilcox Drive
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255 Marketplace Blvd
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Presented Virtually via WebEx
Click to Register","lat":"","lng":""},{"heading":"Shred Day - Bristol, VA","startDate":"May 15 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-bristol,-va","summary":"May 15, 2021 – 8AM - 12PM or until trucks reach maximum capacityLee Highway Branch
1605 Highlands Center Boulevard
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4325 W. Stone Drive
Kingsport, TN 37660","lat":"","lng":""},{"heading":"Home Buying Seminar","startDate":"July 14 at 12:00pm ET","url":"/resources/seminars-events/tennessee/home-buying-seminar-(3)","summary":"July 13, 2021
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Presented Virtually via WebEx
Click to Register","lat":"","lng":""},{"heading":"Construction Seminar","startDate":"August 1 at 12:00pm ET","url":"/resources/seminars-events/tennessee/construction-seminar-(1)","summary":"August 10, 2021
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Presented Virtually via WebEx
Click to Register","lat":"","lng":""},{"heading":"Home Selling Seminar","startDate":"August 24 at 12:00pm ET","url":"/resources/seminars-events/texas/home-selling-seminar-(1)","summary":"August 24, 2021
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Presented virtually via WebEx
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Click to Register","lat":"","lng":""},{"heading":"Home Selling Seminar","startDate":"September 7 at 12:00pm ET","url":"/resources/seminars-events/tennessee/home-selling-seminar-(1)","summary":"September 7, 2021
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Presented Virtually via WebEx
Click to Register","lat":"","lng":""},{"heading":"Shred Day - Greeneville, TN","startDate":"September 11 at 8:00am ET","url":"/resources/seminars-events/tennessee/shred-day-greeneville,-tn","summary":"September 11, 2021 – 8AM - 12PM or until trucks reach maximum capacityGreeneville Branch
3811 E. Andrew Johnson Hwy
Greeneville, TN 37745","lat":"","lng":""},{"heading":"Home Buying Seminar","startDate":"September 21 at 2:00pm ET","url":"/resources/seminars-events/texas/home-buying-seminar-(1)","summary":"September 21, 2020
6PM CST
Presented virtually via WebEx
FOR MEMBERS RESIDING IN TEXAS ONLY
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
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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

ECU is proud to offer veterans a mortgage loan with exceptional service and a great loan rate. A Veterans Administration (VA) loan offers low or no down payment terms and is restricted to individuals qualified by military service or other entitlements. Thank you for your service! 
 

  • Finance up to 100% of the purchase price
  • Seller may contribute up to 4% toward closing costs
  • Gifts allowed for closing costs
  • No prepayment penalty

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.

  • Get Expert Advice

    Wishing you had free housing counseling advice? Speak with an expert today!

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 a VA Home Loan?

    A mortgage for veterans and service persons.  The loan is guaranteed by the Department of Veterans Affairs (VA) and requires low or no down payment.

  • What is a VA Funding Fee?The Department of Veteran’s Affairs (VA) charges a Funding Fee to most veterans who obtain a VA mortgage loan to help sustain the VA home loan program. The VA Funding Fee is a percentage of the principal loan amount and is due at closing. The amount of the VA Funding Fee varies depending on specifics of the transaction. The full amount can usually be financed as part of the loan amount or paid in cash.
  • Who is exempt from the VA Funding Fee?Only veterans receiving VA disability are exempt from paying the VA Funding Fee.
  • What service is not eligible for a VA Home Loan?

    You are not eligible for VA financing solely based upon Active Duty for Training in the Reserves or National Guard. Note: Guard and Reservists are eligible if they were “activated” under the authority of title 10 U.S. Code as was the case for the Iraq/Afghanistan.

  • What is the maximum VA loan?Although there is no maximum VA loan (limited only by the reasonable value or the purchase price), lenders generally limit the maximum VA loan to $417,000.
  • If I was discharged years ago and want to qualify for a VA loan, what other documents will I need?Everyone is required to obtain a Certificate of Eligibility. If you do not have this Certificate, you will need to apply using VA Form 26-1880 and this will require a copy of DD-214 (Certificate of Release or Discharge from Active Duty) showing character of service. Along with the Certificate of Eligibility, loan applicants will need to document their credit, savings and employment information.