Mortgages

Through our partnership with Mortgage Markets CUSO, we offer an innovative mortgage program with consistently lower rates, and the excellent member service you have come to expect from WCTFCU.

Limited Time Rate Offer!
We are offering a .25% discount on 30-year Mortgage and Refinance rates – with No Points!*

Click here for additional information and current rates.

Contact Matt Almeida, our Mortgage Loan Specialist at Mortgage Markets CUSO, for questions by calling 860.690.8782.
NMLS# 1975067.

WCTFCU offers a variety of purchase and refinance mortgages with terms up to 30 years and amount financed
(loan to value) up to 100%.  Our partner, Mortgage Markets CUSO, collaborates with other credit unions and Fannie Mae, in a cooperative effort to offer competitive new home mortgages.

Features & Benefits:

• Low Mortgage Rates
• Guaranteed low closing costs
• FHA/CHFA/USDA options for home buyers
• Second homes, 1-4 family investment properties and out of state financing available
• Dedicated Connecticut mortgage advisors to guide you through the entire home loan process

Products Include:

• 10, 15, 20 & 30 Year Fixed Mortgages - Traditional Fannie Mae & Freddie Mac 10-30 year loans
• First Time Homebuyer Program 
• Home Ready and Home Possible home buyer products
• FHA (Federal Housing Administration) & CHFA (Connecticut) Housing Finance products
• HARP (Home Affordable Refinance Program)
• 5 & 7 Year Adjustable Rate Mortgages
• 15 & 30 Year Jumbo Mortgages (Mortgages greater than $424K)  
• VA loans
•  Rural Development Loans
• Adjustable ARM’s

*Mortgage approvals may be based on credit, LTV and loan purpose. The special discounted rate with a 25% discount applies only to a 30-year mortgage purchase or refinance and not all loans that are submitted to WCTFCU may qualify. FHA, VA, USDA and JUMBO loans are excluded from the promotion. The rate discount is based off the listed 30-year rate on the day the rate lock occurs. Once rate is locked, the rate discount is final regardless of rates dropping or increasing. Loan Level Pricing Adjustments (LLPA’s) are waived for the promotion.  Buying down of interest rate is prohibited for this promotion. Purchase contract must be received to lock the rate discount. Certain restrictions and conditions apply. Mortgage Markets CUSO NMLS# 157939.  WCTFCU NMLS # 447351.

Home Equity Accelerator Loan

Pay off your mortgage ahead of schedule.

Pay off your balance earlier resulting in increased interest savings over the life of the loan while also reducing the number of payments needed.  This loan comes without fees or closing costs and you receive no points when you refinance your current mortgage with our Home Equity Accelerator Loan.*

Your choice of terms: 8, 12 or 15 years

Call one of our loan officers today to learn how you can pay off your mortgage sooner!

*Home Loan closing costs are waived unless loan is closed within 2 years of opening. Rates based on borrower's credit history. Not everyone will qualify.

Home Equity Loans

With every mortgage payment made, you have built more equity in your home. You can use this equity to consolidate debt & high-interest rate credit cards, make home improvements, pay for education or a vacation home.

There are no application fees, no points and no closing costs*!

Count on the predictability of a fixed rate Home Equity Loan.

*Home Loan closing costs are waived unless loan is closed within 2 years of opening.

Home Equity Line of Credit

Use the existing equity in your home, with our variable rate Home Equity Line of Credit to make home improvements, consolidate high-interest debt, finance your education and much more.

Once your line is approved, simply write a check to access the approved funds! No application fees, no points and no closing costs*!

*Home Loan closing costs are waived unless line is closed within 2 years of opening.