Consolidated Community Credit Union

GET YOUR DREAM HOME - WITH NO MONEY DOWN

We offer 100% home loan financing on approved properties or income approved borrowers. This loan product allows borrowers to purchase a home without a down payment, and it doesn’t require mortgage insurance. Additionally, the closing costs can be gifted or paid by the seller, allowing the buyer to purchase with no money down.

DO I QUALIFY?

QUALIFYING PROPERTIES

APPLY NOW

503.963.6666 | 800.444.8115 | fax: 503.963.6655
mortgageloans@consolidatedccu.com

BENEFITS

Purchase a home with no money down
No mortgage insurance required
No pre-payment penalty or equity sharing
All loans are locally underwritten by CCCU
Same-day loan pre-approvals
30-day close

HIGHLIGHTS

Loans up to $484,350
Fixed and adjustable rates
30-year loan amortization
Up to a 100% LTV on owner occupied properties
Debt-to-income ratios up to 45%
1% loan fee plus out-of-pocket closing costs
720 minimum credit score
The typical borrower will be a first-time home buyer, but not restricted to them

RESTRICTIONS

If a buyer has an income less than $70,300 and they buy a home in Multnomah, Clackamas, or Washington County, they qualify for the program.
If the buyer makes more than $70,300, they can still qualify for this program, but they must purchase a home in the reinvestment area. The reinvestment areas are located in Multnomah, Clackamas, Washington, Clark, and Columbia counties. There are 194 census tracts that are included in these counties.

Wondering if a property qualifies?

FIND OUT NOW

READY TO PURCHASE YOUR DREAM HOME?

No matter what point you are at in the home-buying process, we are here to help!
You can contact our mortgage team to ask questions or start the pre-approval and application process.