Mortgage Loans
Up to $2.5 million
Up to 97% Loan-to-Value (First Time Homebuyers)
Fixed & Adjustable Rate Mortgages
Buy or refinance home sweet home.
High rates, hidden fees, and unexpected costs can making home-buying or refinancing difficult. First Mortgage simplifies the process with expert guidance, so you're confident at every step of your journey.
Purchase a Home
First Mortgage
Our goal is to make homeownership simple, fast, and stress-free.
- 5% down payment options
- Jumbo loan limits up to $2.5 million
- Fixed-rate and adjustable rate (ARM) mortgages
- Flexible repayment terms up to 30 years
- Rate buy-down options
- Flexible ARM options - 5/6, 7/6 & 10/6
HomeAdvantage
Expert help and cash back
Connect with a top local real estate expert and earn Cash Rewards when you buy or sell your home with our HomeAdvantage program. Explore neighborhoods, search for homes, and so much more.
- Access a curated list of top real estate agents
- Search with exclusive tools and personalize email alerts
- Use market insights
- Save an average of $2,462*
First Time Homebuyer
First Keys. Fresh Start. Full Support.
Primary home only.
- 3% down payment options
- Super conforming loan limits up to $1.2 million
- 30-year fixed-rate
- ARM options - 7/6 & 10/6
- Custom Private Mortgage Insurance - lower monthly PMI payments
- Homebuyer Education provided at no cost via Freddie Mac
Refinance
Put your home’s value to work for you.
Because the right finance can give you the freedom to do more.
- Cash-out refinance loan up to $1.5 million
- Maximum cash-out limit of $250,000
- Fixed-rate and adjustable rate (ARM) mortgages
- Lower your monthly payments with a limited cash-out
- Rate buy-down options
Call our Mortgage Loan Officers at 800.944.2200 extension 5, Option 2 for more information.
If you're an LA County employee, payroll deduction makes it even easier to make your loan payments. You may be able to make smaller payments twice a month, rather than one large payment – which helps to smooth-out your monthly cash flow.
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First City Credit Union is a nation leading 5-star financial institution with locations across Los Angeles.
*HomeAdvantage is available to you through your credit union membership. Cash Rewards are available to members who register to use HomeAdvantage and who use a real estate agent in the HomeAdvantage network to buy or sell their home. Using the credit union for a mortgage is not a requirement to earn Cash Rewards. Cash Rewards amounts are dependent on the commissions paid to the agent. The credit union may have specific rules on how Cash Rewards will be paid. Cash Rewards are void where prohibited by law or the lender. Please consult with your credit union for details that may affect you. Cash Rewards are 20% of the agent’s commission. The example assumes a 2.5% agent commission.Cash Rewards may be limited and/or prohibited by state law. No reward will be available for buyers in Mississippi. Cash Rewards may be in the form of a closing cost credit disclosed on the Closing Disclosure or a reduced real estate commission with the exception of the following states where a check will be issued after closing; AL, AK, IA, KS, LA, MO, OK, OR and TN.