I sincerely appreciate the personalized experience we receive from all of the staff at SFCU, whether it be the person greeting you at the front door, the tellers, the staff that helps with notarizations, mortgages or wire transfers. I have dealt with all of these areas at the Credit Union and have always been assisted in a timely, friendly and helpful manner. It is by far the best bank/credit union I do and have ever done business with.
Smart Start Homebuyer Program
Go ahead, dream big!
Our NO CLOSING COST Smart Start Homebuyer Loan Program can help you get into your new home. So go ahead, dream big.
Other useful tools, including mortgage calculators, are available to help give you the buying power!
Somerset Federal Credit Union’s regular mortgage terms and conditions apply. At least one borrower must be a first-time homebuyer to qualify. Minimum credit score of 670 required for all borrowers. Maximum loan amount $480,000.00. Private mortgage insurance, property insurance, flood insurance required, where applicable. Rate/APR/Terms are subject to change without notice. 1-4 family, owner-occupied properties only (2-4 family properties subject to 6 months reserves of Principal, Interest, Taxes, Insurance (PITI)). No condominiums. No Closing Costs offer not available on construction or land loans. Borrowers will be responsible for initial escrow deposits and first year’s property insurance. Somerset Federal Credit Union will cover the odd day’s interest only when the closing is scheduled on the last week of the month. Upon approval you will need to open an account with the Credit Union and maintain a $5.00 minimum balance. Rate-lock available at application for up to 45 days. Additional terms and conditions may apply.
This was the first time I had purchased a vehicle without going through a dealer for financing. When I went to the Credit Union I was seen immediately by the Loan Department. The Loan Officer was very knowledgeable. I was given a list of documents to gather and was promptly taken care of when I returned with them. My wife will be contacting your office about refinancing her student loans.
I was overall pleased with my experience. Jessica, our Money Management Officer, was easy going and very professional. She understood my circumstance, had compassion and a genuine, caring, pleasant persona for my situation.
Our Money Management Officer, Kassandra, was great to work with. I do not think she could do better.