Special Mortgage Programs

Community Heroes and Community Experts Programs

 The Community Heroes Program Proudly Serves:



Law Enforcement Icon
Law Enforcement
Police Officer,
Corrections Officer,
State Trooper,
County Sheriff,
Border Patrol
Law Enforcement
Firefighters Icon
Firefighters
Paid and Volunteer
Firefighters
Educators Icon
Educators
Private and Public
Educators
Healthcare Icon
Emergency
Nurses, Home Health Providers and Agencies, Assisted Living Facilities, Skilled Nursing Facilities, Inpatient/Outpatient Clinics and Centers, CNA's, EMT, Paramedics
Medical

 Benefits:

  • As little as 1% down payment, gifts and grants allowed
  • Lower PMI fees
  • Community heroes that are first time home buyers, may be eligible for additional discounts

In order to qualify you must meet the following qualifications:

  • 740+ FICO Score
  • Purchase a home with one of our Adjustable Rate Mortgages
  • Detached or attached-single family home or condominium
  • Primary residence, owner-occupied property
 
 
Community Experts Program serves: CPAs, Architects, Ph.Ds,  and Actuaries

Benefits:
  • 0% down payment, gifts and grants allowed
  • Lower PMI fees

In order to qualify, you must meet the following qualifications::


  • 740+ FICO Score
  • Purchase a home with one of our Adjustable Rate Mortgages
  • Detached or attached-single family home or condominium
  • Primary residence, owner-occupied property
Contact Us  or call a Lending Specialist at 800-527-1017.
Terms and conditions apply. Ask for details. 

Interested in an FHA loan?  Call us to see if you qualify and for more information

 


Veteran and Active Military Programs 

VA Loans

Features and benefits:

  • 0% down payment
  • No PMI required
  • No prepayment penalty
  • Valid for refinancing 
  • If veteran benefits have been previously used, remaining benefits can be applied 
 

You may be eligible for a 15 or 30 year Fixed Rate VA* Home Loan if:

  • You have served 90 consecutive days of active service during wartime, OR
  • You have served 181 days of active service during peacetime, OR
  • You have more than 6 years of service in the National Guard or Reserves, OR
  • You are the spouse of a service member who has died in the line of duty or as a result of a service-related disability
 
 
 
 


Other Military Offers


Veterans and active military members financing with a non-VA loan through Central One can receive $500 credit** on closing costs for new and refinanced home loans.

 


Contact Us  or call a Lending Specialist at 800-527-1017.


**$500 savings for using one of the local realtors may not be combined with our no-closing-cost program or other Central One Federal Credit Union programs. Terms and conditions apply. Ask for details.