Rates as Low as 5.125%*
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Home Equity Lines of Credit
Home Equity Loans
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.
- Jumbo Loan limits allow you to borrow up to $2,500,000
- Fixed-rate and adjustable rate (ARM) mortgages
- 3% down payment options2
- Flexible repayment terms
- Rate buy-down options
- Flexible ARM options
Find your new home with HomeAdvantage.
Expert help and cash back
Connect with a top local real estate expert and earn Cash Rewards when you buy or refinance 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 $2,4623
Tackle financial hardship with Mortgage Assistance.
We have answers
If you are having difficulty making your mortgage payment and need assistance, First City wants to help you find a solution you can live with. We have a variety of options:
- Loan Modification: We'll modify your loan payment by capitalizing outstanding interest, extending the loan term, and/or lowering the interest rate. Not all members qualify.
- Short Sale: Sell your property for less than the total amount owed.
- Deed-in-Lieu: Transfer your deed to us instead of foreclosing. First City approval required.
- Foreclosure: We'll guide you through the foreclosure process.
Call our Mortgage Loan Officers at 800.944.2200 extension 5, Option 2 for more information.
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Our FirstMortgages make homebuying easier with just 5% down, offering 95% financing on owner-occupied primary residences. Available for purchase transactions up to $2,500,000 with approved credit, we help you take the next step toward your dream home with confidence and flexibility.
With today’s higher fixed rates, an Adjustable Rate Mortgage (ARM) could be your smart solution for lower initial payments. We make it easy to explore your options and guide you through every step - helping you secure the home you want with a mortgage that fits your budget.
Get a low 5.99% introductory rate for one year, then pay a variable rate between 7.75% and 16.00% APR.
First City Credit Union is a nation leading 5-star financial institution with locations across Los Angeles.
*APR = Annual Percentage Rate.
1 First-time homebuyers may qualify for as little as 3% down on owner-occupied primary residence purchases (subject to program eligibility and approval). For non–first-time homebuyers, 5% down (95% financing) is available up to $2,500,000. All down payment funds must come from the borrower’s own source and exclude non-lender paid fees, impounds, or reserves. PMI required. Other financing options available.
2 A 5/6 ARM sample payment with a loan amount of $350,000, 30-year term, and a starting rate of 5.125% , 6.579% APR is; Years 1-5: Minimum $1,905.70 , Maximum $1,905.70 ; Year 6: Minimum $1,505.95 , Maximum $2,508.97 ; Years 7-30: Minimum $1,505.95 , Maximum $2,937.75 .
3 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.