October 26, 2021
Service Federal Credit Union Logo

Mortgages | Service Federal Credit score Union

Out of your first domestic to a jumbo mortgage, we’ve you coated

From now by February 28, 2021, get a mortgage from Service CU, and be entered to win $5,000. Every month, we’ll decide one winner to obtain $5,000.*

No buy obligatory. Click on right here for sweepstakes guidelines.

It’s in all probability the largest buy you’ll ever make, so that you wish to get domestic deciding to buy proper. Service Credit score Union might help you get a mortgage that’s suited on your distinctive wants. First-time homebuyer? We provide a program known as Residence Mortgage Cost Reduction (HLPR) that options low down funds and below-market rates of interest. Shopping for a fixer-upper? You possibly can roll financing for the house and the renovation into one handy mortgage. We’re additionally an authorised lender for USDA and VA loans and may even get you into mortgages with no down fee.

Inquisitive about homeownership? View this 6-minute lesson to find out your monetary preparedness for homeownership.

Mortgage/Residence Fairness Charges

Charges efficient as of: 2/23/2021 9:32:58 AM (ET).

The displayed charges for standard loans assumes a mortgage quantity of $250,000 for a single-family, owner-occupied buy transaction with a down fee of 40% and a credit score rating of 740 or greater.  VA charges assume a mortgage quantity of $250,000 and no down fee.  Typical jumbo loans assume a mortgage quantity of $548,251 and a 40% down fee. VA jumbo assumes a mortgage quantity of $548,251, with no down fee.  Cost examples don’t embrace taxes or insurance coverage premiums.  Cost obligation will probably be greater.

Displayed charges embrace a .125% price low cost for an ACH direct deposit right into a Service Credit score Union checking account and computerized fee of the mortgage from the Service Credit score Union checking account for the time period of the mortgage.

Work with Your Personal Private Mortgage Specialist

Jennifer Brooks

Jennifer Brooks
Actual Property Lending Specialist
800.619.6575 ext. 7554
NMLS# 644376

Hinsdale Walmart Department
Keene Department
Loans in Vermont

Apply Now with Jennifer Brooks

Carol Callihan

Carol Callihan, CMP
Actual Property Lending Specialist
800.619.6575 ext. 2048
NMLS# 644374

Amherst Department
Hudson Walmart Department
Nashua Department

Apply Now with Carol Callihan

Ryan Conroy

Ryan Conroy
Actual Property Lending Specialist
800.619.6575 ext. 2981
NMLS# 1921930

Grand Forks Department
Newington Department
Portsmouth Department
Portsmouth Walmart Department

All Nationwide Loans
Apply Now with Ryan Conroy

Rob Derrickson

Robert Derrickson
Supervisor Actual Property Mortgage Originations
800.619.6575 ext. 8339
Cellphone: 603.812.1542
NMLS# 170208

All Branches and Nationwide Loans
Apply Now with Robert Derrickson

Krysten Fowler

Krysten Fowler
Actual Property Lending Specialist
800.619.6575 ext. 2910
NMLS# 1703882

Epping Walmart Department
Exeter Department

Hampton Department
Portsmouth Department

Seabrook Department
Tyco Department

All Nationwide Loans
Apply Now with Krysten Fowler

Matt Gallant

Matt Gallant
Actual Property Lending Specialist
800.619.6575 ext. 2262
Cellphone: 603.957.8393
NMLS# 1132974

Southern New Hampshire
Apply Now with Matt Gallant

Larry George

Lawrence “Larry” George, CMP
Actual Property Lending Specialist
800.619.6575 ext. 7588
Cellphone: 603.957.2206
NMLS# 162531

Derry Walmart Department
Salem Department
Salem Walmart Department

Apply Now with Larry George

Jennifer Getzie

Jennifer Getzie
Actual Property Lending Specialist
800.619.6575 ext. 7679
Cellphone: 603.957.8181
NMLS# 1529265

Bedford Department
Falmouth Department

Manchester Walmart Department
All cities & cities in Massachusetts

Apply Now with Jennifer Getzie

Chris Gilman

Christopher W. Gilman
Actual Property Lending Specialist
800.619.6575 ext. 7643
Cellphone: 603.252.1011
NMLS# 644375

DHMC Department
Lebanon Department
Loans in Vermont

Apply Now with Christopher Gilman

Kathleen Horgan

Kathleen S. Horgan
Actual Property Lending Specialist
800.619.6575 ext. 2025
Cellphone: 603.812.3809
NMLS# 644378

Berlin Department
Harmony Walmart Department
Franklin Department
Gorham Walmart Department
Laconia Department
Lancaster Department
Plymouth Walmart Department

Apply Now with Kathleen Horgan

Michael Schulenberg

Michael Schulenberg
Actual Property Lending Specialist – Nationwide
800.619.6575 ext. 6587
NMLS# 313608

Grand Forks Department
Pease Department
Portsmouth Department
Portsmouth Walmart Department

All Nationwide Loans
Apply Now Michael Schulenberg

Christine Wellington

Christine Wellington
Actual Property Lending Specialist
800.619.6575 ext. 6959
NMLS# 1444729

Pease Air Nationwide Guard Base Department
Pease Department
Rochester Department
Somersworth Department
Somersworth Walmart Department

Apply Now with Christine Wellington

Michael Mulhern

Continuously Requested Questions

We routinely course of and shut mortgage purposes inside 30 days.  Nonetheless, there are numerous variables that decide the size of the method, together with how briskly you reply to our requests for documentation.

It is dependent upon many variables, together with down fee quantity, mortgage program and property sort. We would not have a broadcast minimal credit score rating, nevertheless in case you are placing down lower than 20%, and will not be utilizing the VA mortgage program, the minimal credit score rating is often 620. 

Sure, we’re a nationwide lender!  We do mortgages in all states aside from Alaska, Texas and Hawaii.  Not all packages can be found in all states. Building loans can be found solely in NH and MA.

Whereas it’s potential that your mortgage will probably be offered (the usual Fannie Mae promissory observe provides the lender the best to promote the mortgage), you will need to perceive that we’ll nonetheless be servicing your mortgage.  We usually don’t promote our loans (there are some exceptions), and even when we do, you’ll nonetheless be making your funds to Service Credit score Union and we are going to nonetheless be dealing with your escrow account (when you have one).

Sure; when you have a direct deposit of your web pay right into a Service Credit score Union checking account, and arrange an computerized fee of your new mortgage out of your Service Credit score Union checking account, you can be provided a reduction of .125% off our posted mortgage charges.  This may prevent 1000’s in curiosity over the lifetime of your mortgage.

In sure circumstances, a co-signer is permitted.  Nonetheless, we would require that the occupant borrower be certified from a credit score and talent to repay perspective. Typically, we require a co-borrower vs. a co-signer.  A co-borrower has the identical legal responsibility as the first borrower.

We would not have a particular bridge mortgage program.  Nonetheless, we could possibly obtain a bridge mortgage by using a house fairness line of credit score on the home you can be promoting.  This can rely upon the quantity of fairness you’ve gotten and your potential to qualify to hold the debt on your present mortgage (if any), the house fairness line of credit score, and the mortgage in your new domestic.

We don’t supply loans for rental properties.

We don’t supply loans for manufactured housing (cell houses) no matter whether or not or not they’re completely hooked up to a basis.

Hear From Our Joyful Consumers

“I’m extraordinarily impressed with how briskly and easy this home-buying course of was with all events concerned, thanks.” – Kevin W., Sullivan, NH

“From begin to end, our refinancing mortgage was dealt with with politeness and in a well timed method that was prolonged to us.” – Lawrence and Janet B., Wilton, NH

“I couldn’t be happier with how Service CU dealt with my refi … I’m actually completely satisfied I selected Service CU for all of my baking wants.” – Thomas R., Salem, NH

“Everybody did an ideal job. I’d strongly suggest anybody to make use of Service CU. Thanks.” – Sergio Z, Peterborough, NH

“Glorious {and professional} service by all all through your complete course of. Nicely executed.” Tim, Manchester, NH.”

*No buy essential to win. One (1) entry awarded for every eligible shopper mortgage product (new/used auto, bank card, first mortgage or private mortgage) closed through the contest interval (10/19/20-2/28/21). Should be a lawful everlasting resident of america and be 18 years or older to enter. See official guidelines for particulars.