Home Loans
Whether you’re in the market to buy a new home or remodel your existing one, the ELCA Federal Credit Union is here to help. As a not-for-profit financial cooperative, we offer highly competitive rates coupled with personalized service you can trust.
Buying a New Home
ELCA Federal Credit Union can offer exceptional rates and personalized service and support for your home mortgage,* every step of the way. We offer fixed and adjustable-rate mortgages at a variety of terms.
Quick Links
Home purchase basics >>
What do I need to know to buy?
Loan types >>
Which loan is right for me?
Affordability Calculator >>
How much can I afford to pay for a home?
Payment Calculator >>
How much will my payments be?
Mortgage Checklist >>
Do I have everything I need to move forward?
Refinancing a Mortgage
Refinancing your mortgage* may help you lower your monthly payments or shorten the term of your mortgage. The ELCA Federal Credit Union offers both refinancing and cash-out refinancing for existing mortgages.
Quick Links
Should I Refinance? >>
Estimate the benefits of refinancing using this calculator.
Loan approval subject to creditworthiness and other underwriting requirements. Contact the ELCA Federal Credit Union for complete terms and conditions.
*While we offer first mortgages for members in most states, we do not yet offer first mortgages in CT, HI, MD, MA, NV, NH, NY, NM and RI.
Mobile App: Account Access Whenever, Wherever
With our mobile app available for Android and Apple devices, you can:
- Deposit checks using Remote Deposit Capture*
- Search for a free ATM nearby
- Pay bills
- Transfer funds to/from internal and external (A2A) accounts
- Send money to anyone by text or email using person-to-person payments (P2P)
- Sign up for eAlerts and much more
*First-time remote deposit users must complete a brief enrollment process. Launch our app, select Remote Deposit and then click Sign Up to enroll. New users are typically approved by the following business day. Normal check-hold policies apply.
Free Online Banking: Freedom to Bank from Wherever You Are
Every ELCA Federal Credit Union feature is at your fingertips, quickly, securely and completely free with It’s Me 247 online banking.
- Access all of your savings account details online, including account balances, pending transactions and a complete transaction history with links to images of checks
- Open a checking account, secondary savings account or CD
- Apply for a loan or credit card
- Get your free monthly eStatement online as soon as it’s ready. No waiting for the mail. And because it’s paperless, it’s the green way to bank.
- Set up free eAlerts to let you know if an account balance is low or high, when an automatic withdrawal or deposit is made or when a loan payment is due
- Complete Member-to-Member (M2M) transfers, which allow you to transfer funds immediately and directly to other ELCA Federal Credit Union members
- With Account-to-Account (A2A) Transfers you can link your ELCA FCU account with your accounts at other financial institutions and transfer funds to and from these accounts free of charge.
- Quickly and easily transfer funds to anyone using Person-2-Person (P2P) payments. All you need is an email address or cell phone number. This service is free of charge and in most cases, the money arrives in just a couple of days. Must be enrolled in our free bill pay.
Free eStatements
Enroll online now to receive eStatements – the faster, greener, paperless way to track account activity. Your 12 most recent eStatements will always be available online and at the beginning of each month, you’ll be notified by email when your eStatement is ready to view or download. Download your account information into your choice of Microsoft Money, Intuit Quicken, or Intuit Quickbooks and CSV format. Also available is the legacy file version (QIF) for use in older programs.
Enroll now!Paper statements are available for $1 per month to cover printing and postage costs.
eAlerts
Stay on top of your finances by enrolling for eAlerts. Receive an email or text message to notify you of any of the following:
- When your account balance is above or below a designated threshold
- When an ACH deposit or withdrawal occurs
- Loan payment due date
- General account notices for overdrafts, CD maturity and more
