Skip to Main Content Skip to Sitemap Skip to Online Banking
placeholder for jump to top link
We're proud to serve those who serve our country.
Easier
qualification standards

The right fit for veterans and their families

Reduced Closing Costs
Receive a $500 closing cost credit when you finance the purchase of a home with Credit Union ONE.
Lock in your Rate
Lock in your rate for the first four months while you shop for your perfect home!
Payment Options
As low as 0% down payment
VA Terms
Fixed rates for 15 and 30 year terms only
Private Mortgage Insurance (PMI)
No PMI required!
VA Eligibility
Certificate of Eligibility required to be eligible
VA Housing Requirements
Owner occupied primary residence only
Personalized Service
Receive personalized service from a dedicated Mortgage Consultant
Get a VA Loan today.
Apply Now
Related resources
Find all the helpful tools you need in our Mortgage Center.


Credit Union ONE is owner-partner of Member First Mortgage.

What is a VA Loan?

VA loans are guaranteed by both the U.S. Department of Veteran Affairs and mortgage lenders like Credit Union ONE who lend to eligible veterans and their families. These loans often have lower closing costs and fewer requirements. Homebuyers who are eligible for this loan type must receive a certificate of eligibility from the Department of Veterans Affairs for this loan.

Who is eligible for a VA Loan?

Veterans, active military personnel, and surviving spouses who are eligible for VA benefits can apply for this loan.

How much do I need for a down payment?

A Va loans allows you to put down little to no down payment. Often, a VA Loan will finance the entire cost of your new home, so you can move in right away

How much is the maximum purchase price for a VA Loan?

It is possible to buy a home worth over $500,000 with a VA loan. Prices differ in other states. See how much you could be pre-approved for with our Mortgage Lenders today!

What is Private Mortgage Insurance (PMI)?

Private mortgage insurance (PMI) is a form of mortgage insurance that may be required with certain types of loans. If you default on your loan, PMI protects your lender. In the case of a VA  Loan, PMI is not required. PMI will not be required whether you put down a large down payment or not.

How do Fixed Rates and Adjustable Rates differ?

The principal and interest payment on a Fixed Rate will not change during the fixed period, but on an Adjustable Rate, it could increase or decrease depending on market interest rates.

Is a Fixed Rate or Adjustable Rate better?

The length of time you intend to stay in your current home is usually the determining factor. An adjustable rate mortgage may be right for you if you plan to stay less than 7 years. Ask one of our Mortgage Lenders for the best option for you when you call today.