Home Loan  Options

Whatever your goal, you can trust UW Credit Union to help you find the right mortgage for you. Apply for a new home loan today or refinance your current home.

Compare Products 

We understand selecting the right loan can feel overwhelming and likely lead to more questions than answers. You don't have to figure it out alone.  It's why we are here. Our mortgage experts are here to help navigate the details and work with you to find the right loan type and/or program that will work best for you and your family.  

Get started by estimating what your loan could be with our no obligation, rate quote tool.
When you're ready, start your application. 

ESTIMATE YOUR LOAN  Apply Today

Fixed-Rate Mortgage Loan

Choose between our 15-year and 30-year options and lock in your rate for the life of your loan. Fixed-rate loans are ideal if you are planning to stay in your home for an extended period of time.

  • As low as 3% down payment available
  • 30-year term for low monthly payments
  • 15-year term to pay less interest over time

Helpful Calculators

 estimate Your loan START APPLICATION

15-Year Fixed Rate

4.125
%
Rate
4.199
%
APR*

30-Year Fixed Rate

4.625
%
Rate
4.668
%
APR*

Adjustable-Rate Mortgage Loan

With a lower initial payment, an ARM may give you greater flexibility to purchase your dream home. Adjustable-rate loans may be the right option if you are planning on selling or refinancing within a few years. 

  • 7/1 ARM fixed for the initial term with a potential annual rate adjustment
  • 15/15 ARM where the rate adjusts once after the initial 15-year term
  • 3- and 5-year ARMs also available

Helpful Calculators

 estimate Your loan START APPLICATION

 

7 / 1 Adjustable Rate

3.875
%
Rate
4.244
%
APR*

Jumbo Loan

Jumbo loans, or jumbo mortgages, provide financing options for loan amounts over $453,100, which is the conforming limit set by the Federal Housing Finance Agency. 

  • Adjustable-rate mortgages are available in amounts from $453,100 to $800,000. Exceptions can be made for higher amounts
  • Fixed-rate mortgages are available in loan amounts up to $1 million

Helpful Calculators

 estimate Your loan START APPLICATION

 

7-Year Jumbo Adjustable Rate

4.000
%
Rate
4.279
%
APR*

Construction Loan

Planning to build your dream home? Talk with our mortgage experts to get custom financing based on your unique situation. You can use a construction loan for a lot you own or one you are purchasing through a builder or third party. Or, make improvements to an existing home with a Construction Rehabilitation Loan.

  • 12-month interest-only, fixed-rate construction loan with principal payment due at maturity
  • Various loan amounts to meet your specific needs
  • Minimum 10% down payment
  • Financing available to convert your construction loan into a mortgage after construction is completed

Helpful Calculators

 estimate Your loanCall To Apply

Construction

2.490
%
Rate
2.950
%
APR*

FHA

Federal Housing Authority 

FHA mortgage loans are very competitive loan programs. FHA mortgages allow the home buyer to put down as low as a 3.5% down payment AND have less than perfect credit. FHA Mortgage loans can be fixed-rate or adjustable rate mortgages, but the majority are fixed-rate mortgages.

  • 3.5% down payment
  • Flexible credit limits and no income limits

Helpful Calculators

 estimate Your loan START APPLICATION

 

30-Year Fixed Rate

4.500
%
Rate
4.710
%
APR*

WHEDA

Wisconsin Housing and Economic Development Authority

WHEDA provides special loan programs for home buyers looking to purchase an owner-occupied home in Wisconsin. In some cases, WHEDA will lend the buyer their down payment.

  • Great option for qualifying income limits
  • 3% down payment with a 30-year fixed-rate

Helpful Calculators

 estimate Your loan START APPLICATION

 

30-Year Fixed Rate

5.250
%
Rate
5.317
%
APR*

30-Year Fixed Rate First-Time Homebuyer

5.000
%
Rate
5.066
%
APR*

VA

Federal Veterans Affairs

A VA mortgage loan is a federally guaranteed mortgage loan for veterans that does not require a down payment or private mortgage insurance. This is an excellent benefit for eligible veterans.

  • Fixed-rate financing
  • 0% down payment for eligible applicants
  • Loan amounts based on Certificate of Eligibility issued by Veterans Administration

Helpful Calculators

 estimate Your loan START APPLICATION

 

30-Year Fixed Rate

4.500
%
Rate
4.794
%
APR*

We are Here to Help

Purchasing a home whether you're a seasoned home owner or a first-time buyer is a big decision.  
We are here to guide you every step of the way.

Find a Mortgage Loan Officer

Connect with an experienced member of our team. 

GET IN TOUCH

Attend a Seminar

Join us at one of our popular First-Time Home Buyer seminars in either Madison or Milwaukee.

REGISTER TODAY