First-Time Home Buyer Loans: Your First Home Is Closer Than You Think
Stop paying rent and start building equity with first-time buyer programs designed for real life. At DFCU, you'll find 100% financing options, potential grant funds up to $15,000, and a mortgage team that makes the process simple—not scary.
First‑Time Buyer Advantages
Buying your first home can feel overwhelming—especially if saving 20% down seems out of reach. That's why our programs are designed with your situation in mind, not a picture-perfect credit profile. Many buyers qualify with limited credit history, lower down payments, or even the help of a co-signer. Mortgage insurance requirements are lighter than most conventional loans, making monthly payments more affordable.
Highlights: 100% financing options, flexible credit review, and co-signer support when needed.
First-Time Home Buyer
AS LOW AS
Calculate Your Monthly Payments
Mortgage Calculator
Find a house payment to fit your budget with this calculator!
Estimated payoff date:
10/24/2056
Total interest:
$382,184
Total to be repaid:
$662,184
The information provided in this calculator is an estimate and is for illustrative purposes only. Its accuracy is not guaranteed, and it should not be considered financial, legal, or tax advice. There may be other costs associated with obtaining the loan not included here. Figures shown are hypothetical and may not apply to your situation. This calculator does not pre-qualify you for any loan program. Before making any financial decisions, consult with a qualified financial advisor, accountant, attorney, or other appropriate professional.
Grant Backing
Down Payment Assistance Grants
For many families, the biggest obstacle isn't making a monthly mortgage payment—it's saving enough upfront. That's where down payment assistance comes in. Eligible buyers can access up to $15,000 in grant money. Funds can be applied to your down payment or closing costs, and in some cases, you don't even have to be a first-time buyer. Because grants are income-based and limited each year, applying early ensures you won't miss out.
Expert Support at Every Step
From your first question to the day you get your keys, our local mortgage specialists walk with you. Schedule a time to talk with a mortgage officer in-person or over a call.
Why Buying Beats Renting
Rising rents make ownership more attractive every year. A mortgage often costs less than rent while building equity in your name, not your landlord's. Homeownership also brings tax advantages, the freedom to customize your space, and the security of fixed payments even as rent prices climb. Over time, that "monthly payment" becomes an investment in your future.
Getting Started Is Simple
We've helped thousands of first-time buyers succeed, and the process is easier than you think.
Get pre-approved
To understand your budget.
Review grant options and financing programs
With our loan officers.
Shopping confidently
With your pre-approval letter in hand.
Most homeowners tell us they wish they'd started sooner—so why wait?
Your Mortgage Journey Shouldn't Feel Intimidating
At DFCU, we remember what it felt like to buy our first homes, and we've built programs that make the process easier for you. With zero-down options, grant funding, and a team that knows how to explain the details, we'll help you move from renting to owning with confidence.
Become a Member Today
Church members and immediate family members can join the credit union.
Save More, Stress Less
Earn Top Rates with Our High-Yield Savings—No Fees, No Fuss.
*Rates stated as Annual Percentage Rate (APR). Rates include 1% origination fee. Please note that rates and fees are subject to change without notice. Grants subject to availability and income limits set by HUD. Maximum amounts vary by area. 100% financing available for qualified buyers. Mortgage insurance may be required. Membership and eligibility required. NMLS #403075.