Mortgage Loans for First-time Homebuyers - InTouch Credit Union
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First-Time Homebuyer Loans at InTouch Credit Union

Buying Your First Home is Easier with InTouch Mortgage Loan Experts

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Owning your own home is a foundational American experience. And your credit union is here to help you get started. Whether you need informative resources or tools to help you manage the process, ITCU is your partner to get a smart start.

At ITCU we have two great programs available for first time homebuyers.

Home Possible

The Home Possible mortgage loan is a great option for first time homebuyers and borrowers with low-to-moderate income. The Home Possible program allows for new home purchases with reduced mortgage insurance, flexible sources of funds for down payments, and flexible closing cost options.


The HomeReady program is great for first time homebuyers and borrowers with little or no credit history with a variety of options designed to address some of the most common obstacles homebuyers face when purchasing a home.

  • Options to help minimize or alternatively document cash for down payment and closing costs.
  • More flexibility when qualifying for the minimum payment using your income.
  • Lower minimum credit score requirements than most mortgage programs.

While the process of buying a home is a complex one, ITCU brings together both expertise in mortgage lending and the resources you need to make the process smooth and stress-free. Our Mortgage Specialists work with you to discuss the kind of special homebuying mortgage options* available for your situation. 

Tools to Build Understanding

Your credit union is the best place to begin your journey to home ownership. If you are ready to start looking, then the time is right to get pre-approved. Our Mortgage Calculators are a great way to estimate how much you might want to spend on your new home. ITCU offers different mortgage calculators to let you see different aspects of home loans in clear graphics, with easy-read, easy-change formats, so you can “play with the numbers,” and see what combination works for you.

Useful Calculators for First-Time Homebuyers

Estimate your current debt-to-income ratio with this calculator. Debt-to-income used by most lenders as a factor in determining your ability to repay a loan. This is a great number to know before you apply.

Debt-to-Income Calculator

Your income is just one of the factors that determines how much home you can afford. This calculator helps you see the impact of down payment and loan-to-value on the amount you can afford.

Home Affordability Calculator

Nothing beats seeing the monthly payment you may be looking at for the house you just toured. This calculator can help you see what you will be paying every month for different financed amounts.

Mortgage Payment Calculator

Get Expert Guidance at Any Step

Don’t let the size and complexity of the mortgage process hold you back. Our Mortgage Specialists work with you to find the right mortgage option for your situation and can guide you through the application and beyond.

NMLS ID# 149532

*Mortgage loans not currently available in the following states: AZ, ID, HI, KS, ME, MN, MO, ND and NY.