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ECU 100 Mortgage

Don't let a down payment get you down.


Are you feeling overwhelmed by the amount required for a down payment on a mortgage loan? ECU has got you covered with the ECU 100 loan. This program is designed to eliminate some of the stress associated with a traditional mortgage loan by offering up to 100% financing, which means no down payment is required. We will be with you every step of the way, from the application process to the closing.

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

Ready to purchase a home?

Apply online now or contact a Mortgage Officer to get started.

Learn More

ECU Title & Escrow

Complete your home buying or selling experience at an ECU branch.

Mortgage Videos

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

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.


Purchasing or refinancing a home can be stressful, leaving you asking lots of questions!  Should you buy or rent?  Will refinancing save you money?  How much will your monthly payment be? Check out our calculators designed to answer these questions and more!

Mortgage Calculators

Compare Mortgages

With so many choices, how do you know which loan is right for you? 

See the chart below to see the unique features of each.  For additional information, please give us a call at 800.999.2328.

Loan Type Maximum Loan to Value Term Mortgage Insurance Prepayment Penalty
Fixed & Adjustable Rate Mortgages 97.00% 15/20/30 year Yes No
Federal Housing Administration (FHA) 96.50% 15/30 year Yes No
USDA 100.00% 30 year Yes No
First Time Home Buyers Program 105.00% 30 year No No
ECU 100 Mortgage 100.00% 15/20/30 year No No
Veterans Administration (VA) 100.00% 30 Year Yes No
ECU Purchase Plus 105.00% 15/30 Year No No


  • 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. 
  • 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.