Home Loans
We all need a Place to Call Home. At Campus Federal we make your home loan process as seamless and hassle-free as possible, so you can worry about making your new house a home.
Our trusted team of mortgage professionals is ready to serve your needs with expert advice and flexible terms on your next home loan. We also know the last thing you want while searching for your new home is uncertainty around your loan status. That's why we provide quick turnarounds with local decisions on all mortgage applications.
No matter what your needs are, we've got you covered with a competitive rate.
Scroll down to learn more about our mortgage products or click "Request Information" if you're ready to get started!
Buy a home and lock in a fixed interest rate and payment amount for a 15-year or 30-year period. Enjoy consistent payments for the life of your mortgage. A Campus Federal representative can help you determine whether a 15-year or a 30-year term is right for you.
Please see our detailed Mortgage Rates Guide for mortgage rates and information.
Finance a vacation home or a place for your kids to stay while they’re in college with an ARM that fits your needs.
Adjustable rate mortgages offer low initial rates (sometimes 1.5%-2.5% APR less than a comparable fixed rate mortgage), and if you expect to move after a short time or are comfortable with the risk that your rate may increase, they can be a great option. Talk to a Campus Federal representative today to determine if an ARM is right for you.
Campus Federal offers:
- Competitive rates
- 7/1 Adjustable Rate Mortgage- Variable rate; however, interest rate is fixed for first seven years, after that it can increase or decrease annually, which will affect payment amount
- 5/1 Adjustable Rate Mortgage- Variable rate; however, interest rate is fixed for the first five years, after that it can increase or decrease annually, which will affect payment amount.
- Low minimum down payment with no mortgage insurance requirement
- Financing available for single family dwellings, condominiums, townhomes, and duplexes
- No prepayment penalty
- Loan can also be used to finance a primary residence, vacation home or a home for your college student
Please see our detailed Mortgage Rates Guide for mortgage rates and information.
Housing costs are one of the largest expenses of most household budgets. With changing interest rates, you should periodically determine whether refinancing at current interest rates would save you money. Campus Federal can help you determine if refinancing is in your best interest.
To determine whether you should consider refinancing, compare the costs of obtaining a new mortgage with the savings you will enjoy with a reduced interest rate. In addition to an updated interest rate, you may also want to consider refinancing to a different type of mortgage, such as switching from an ARM or 5-year balloon to a 15-year or 30-year fixed rate mortgage.
Please see our detailed Mortgage Rates Guide for mortgage rates and information.
Meet Our Home Loan Experts
We've mastered the art of helping people and making the dream of homeownership a reality for many.
Deborah Long
AVP, Mortgage Lending
MLO# 105501
Jenny Smith
Mortgage Loan Originator
MLO# 754722
Lisa Daigle
Mortgage Loan Originator
MLO# 2270203
Have questions? Send our Mortgage Department an email at mtg@campusfederal.org.
Membership eligibility requirements apply. Rates are subject to change at any time. All rates are subject to credit approval. Additional fees may apply. APR= Annual percentage rate. Monthly payments do not include amounts for property taxes and insurance.
Adjustable rate example: For example, a 5.019% APR equals an estimated $4.85 monthly payment for the first 84 months per $1,000.00 borrowed. APR may be increased after consummation of loan.
Fixed rate example: For example, a 4.635% APR equals an estimated $4.99 monthly payment for 360 months per $1,000.00 borrowed. APR will not increase after consummation of loan.