Mortgages
Receive up to $2,500 towards mortgage closing costs1.
Whether you’re buying or refinancing, we have the home loan for you.
Our team of mortgage professionals at Educational Systems Federal Credit Union is here to help you from the initial loan application to the final payment. We offer:
- Up to $2,500 towards mortgage closing costs1
- Financing options with as little as 3% down payment2
- Mortgage lending is available in the contiguous United States and the District of Columbia
Explore our mortgage options
Fixed-Rate Mortgages
Secure a fixed-rate mortgage loan to enjoy the peace of mind that comes with a consistent monthly mortgage payment.
Adjustable Rate Mortgages
Discover how an Adjustable Rate Mortgage (ARM) loan can help you afford more home thanks to a lower interest rate.
Mortgage Refinancing
Refinance your home to lower your current interest rate and save on your monthly home loan payments.
What our members say about us
Thank you to your mortgage team for quickly and diligently helping me purchase my first home. We only had about four weeks, and I am grateful for their responsiveness and diligence. I am so glad I was able to work with them to get my new house!
- Paula A.
Frequently Asked Questions
You can apply by calling 301.779.8500 ext. 5401 or online through our Mortgage Center.
Yes, our loan officers are available to answer any questions Monday through Friday from 8:30 am to 5:00 pm. Please call 301.779.8500 ext. 5401.
We offer fixed-rate and ARM loans for the purchase or refinance of a primary or secondary home. We offer financing up to 97% of the appraised value.
1 Mortgage purchase and refinance transactions may receive up to $2,500 in mortgage closing cost credits. Applicants must apply online before June 30, 2025. Credit will be applied at the time of closing. Promotion is subject to change without notice. Additional exceptions or restrictions may apply. Loans subject to credit qualifications and approval. Applicants must meet membership eligibility requirements.
2 Financing is available with as little as 3% down on a home purchase. Expected monthly principal and interest payment for a 30-year fixed conventional mortgage of $388,000 at an interest rate of 6.375% with zero points (which is an equivalent APR of 6.818%) and a principal and interest payment of $2,420.59. Total principal and interest payment is $871,412.40 with an APR as low as 6.818% for a 30-year fixed conventional mortgage. The interest rates, annual percentage rates (APRs), discount points and rebates shown are subject to change without notice.