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Personal and Business Banking

First Time Home Buyer Resources

DCU offers helpful resources and tools to assist with your home buying process

Educational Mortgage Videos

Looking for more information with purchasing your first home? Watch our informational videos on the steps needed to complete the process

  • Tips for first-time home buyers video

    Tips for first-time home buyers

  • How much home can you afford video

    How much home can you afford?

  • How to calculate debt-to-income ratio video

    How to calculate debt-to-income ratio

  • Mortgage terms to know video

    Mortgage terms to know

  • Should You Buy a Home or Rent?

    Should You Buy a Home or Rent?

  • The Mortgage Downpayment

    The Mortgage Downpayment

  • Which Mortgage is Right For You?

    What’s the Best Mortgage for You?

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3% Down Program

Looking for a mortgage option with a low down payment?
DCU’s 3% Down Program may be a good fit!

  • Flexibility to purchase a home with a minimum 3% down payment
  • No cost for Private Mortgage Insurance with a lender paid policy
  • Down payment and closing costs can be a gift from a relative
  • 30 Year Fixed Rate Program with a competitive interest rate
  • Loan amounts up to $484,350
  • 1 unit primary residences including condominiums (manufactured homes are not eligible)
  • All borrowers must occupy the home as their Primary Residence
  • Borrowers are not required to be first time buyers, however, they may not own any additional residential properties at the time of the closing
  • DCU service for the life of your loan
  • No household maximum income restrictions

Other restrictions may apply