Get the Home You Want Without the Down Payment*


One of the most significant obstacles to homeownership is a lack of cash to pay for the down payment and closing costs. Our Zero Down Adjustable-Rate Mortgage (ARM) Loan can help you purchase a home with no down payment and a fixed rate for the first 5, 7, or 10 years, so you can enjoy lower interest rates and monthly payments. With rent averaging a mortgage payment these days, you now have a chance to own a property and start building equity.

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  • Available for Conforming and Jumbo loan amounts1
  • No maximum income limitations
  • For first-time and seasoned buyers
  • Lower Mortgage Insurance coverage required, meaning lower monthly housing payments
  • No increased loan fees or higher loan rates
  • No-points option
  • No pre-payment penalty or negative amortization
  • No upfront fees
  • Interest may be tax-deductible2
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  • Available for Conforming and Jumbo loan amounts1
  • No maximum income limitations
  • For first-time and seasoned buyers
  • Lower Mortgage Insurance coverage required, meaning lower monthly housing payments
  • No increased loan fees or higher loan rates
  • Enhanced Debt-to-Income ratio requirements to help you qualify for a larger loan amount
  • No-points option
  • No pre-payment penalty or negative amortization
  • No upfront fees
  • Interest may be tax-deductible2
Zero percent icon
Zero percent icon
  • Available for Conforming and Jumbo loan amounts1
  • No maximum income limitations
  • For first-time and seasoned buyers
  • Lower Mortgage Insurance coverage required, meaning lower monthly housing payments
  • No increased loan fees or higher loan rates
  • No-points option
  • No pre-payment penalty or negative amortization
  • No upfront fees
  • Interest may be tax-deductible2
3 percent icon
3 percent icon
  • Available for Conforming and Jumbo loan amounts1
  • No maximum income limitations
  • For first-time and seasoned buyers
  • Lower Mortgage Insurance coverage required, meaning lower monthly housing payments
  • No increased loan fees or higher loan rates
  • Enhanced Debt-to-Income ratio requirements to help you qualify for a larger loan amount
  • No-points option
  • No pre-payment penalty or negative amortization
  • No upfront fees
  • Interest may be tax-deductible2

You also have access to our complimentary Total Cost Analysis, designed to give you a side-by-side comparison of your loan options, costs, and savings. Be sure to ask about our Rent versus Own and Cost of Waiting Analysis. 

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Get started! Call (800) 506-5070 or click below to receive a call back at your convenience.

You’re sure to have lots of questions. Our Mortgage Loan Consultants will work with you to determine the right loan, to lock in the best interest rate, and to make your loan process as easy as possible. They’ll do all of the application paperwork on your behalf and provide advice each step of the way.

Borrower’s Tip: Sign up for our Home Connections program. Receive one-on-one guidance from a local experienced real estate agent and a commission rebate that can be used toward your closing costs.³

This is not an offer for an extension of credit or a commitment to lend. All applications are subject to borrower and property underwriting approval. Not all applicants will qualify. 

¹The maximum loan amount is available in high-cost areas; not to exceed the high-cost conforming loan limit for that area. For non-high-cost areas, the maximum loan amount is $850,000. As an illustration, a conforming 7/1 ARM loan of $600,000 with an interest rate of 3.750% and 360 monthly payments of $2,778.69 and 0.125% points will have an Annual Percentage Rate of 5.019%. Ask your Mortgage Loan Consultant about conforming loan limits in your area.

²For information regarding specific tax qualifications, please consult a tax advisor.

³Rebate is awarded by HomeSmart Evergreen Realty to buyers who select and use a real estate agent in the Home Rewards network. Rebate is 20% for purchase only of a residential property. Payment is credited to your benefit at the close of transaction. Using Orange County’s Credit Union for a mortgage loan is not a requirement to earn the rebate. All rebates are subject to limitations, lender guidelines, state laws and other requirements. Certain properties may not be eligible for rebates. Please consult a qualified tax professional for advice on tax implications from receiving a rebate. HomeSmart Evergreen Realty is not affiliated with Orange County’s Credit Union.

Membership in Orange County's Credit Union is available to anyone who lives or works in Orange, Los Angeles, Riverside, or San Bernardino Counties. Don't live or work in our area? You may also qualify if your immediate family member banks with us. Ask us for details. Membership fee is $5.

Immediate Family Includes:
Spouse
Child
Sibling
Parent
Grandparent
Grandchild
Stepparent
Stepchild
Adoptive Relationships