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Home Loan Resources

First-time home buyer program

Homeownership is one of the most exciting milestones in a person’s life. It can be a rewarding personal and financial decision since it provides a sense of security and stability. Owning a home is also an opportunity to build equity that can be used for retirement income, education costs or to pass on to loved ones. You’re not alone on this journey, we offer personalized guidance and resources to help you navigate the best mortgage option to meet your needs. Before submitting an application, review the steps below and schedule a consultation with one of our Mortgage Loan Officers.  

Step 1: Review your finances Learn More

Review your credit report and determine how much you need in savings to help you purchase your dream home.

Step 2: Explore mortgage options Learn More

Our experts can help you understand different mortgage types and terms so you can make an informed decision. You may be eligible for other assistance programs that the Mortgage Loan Officer will identify during your consultation.

Step 3: Search for a home Learn More

Whether you're evaluating neighborhoods or seeking the expertise of a real estate professional, we’ve got you covered.

Step 4: Prepare to close Learn More

Ready for the keys to your new home? Review our Frequently Asked Questions for a smooth closing experience.

Schedule a Consultation

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What our members say:
As first time homebuyers, we had a fantastic experience with Educational Systems FCU! The online application was quick and easy. Our loan officer made sure we had all of the information we needed to feel comfortable throughout the entire purchase process, she even attended settlement. It was great working with the Credit Union to purchase our forever home.

Eric P. and Meaghen F.
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Helpful tools

  • Mortgage Center: Learn about our mortgage options, view rates, sign-up for alerts when rates change, get a personalized quote and simulate various financial scenarios using interactive calculators.

  • HomeAdvantage: Connect with an approved real estate agent, search for a home and earn a cash reward through our HomeAdvantage® program.

  • Freddie Mac CreditSmart®:  Prospective homebuyers can use these resources to better understand their credit, financial management and more.

Call a Mortgage Loan Officer
Call a Mortgage Loan Officer
301.779.8500 ext. 5401

Start a new
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* The HomeAdvantage® program is made available to you through a relationship between Educational Systems FCU and HomeAdvantage. Program rewards are awarded by HomeAdvantage to buyers and sellers who select and use a real estate agent in the HomeAdvantage network of approved agents. Home buyers or sellers are not eligible for the reward if they use an agent outside this network. Using Educational Systems FCU for a mortgage is not a requirement to earn a reward. Reward amounts are dependent on the commissions paid to the agent. Reward incentives are available in most states; however, are void where prohibited by law or by the lender. Please consult with Educational Systems FCU to get details that may affect you.