Discover how Alltru Credit Union simplifies obtaining a mortgage, guiding you from pre-qualification to closing.

Your Journey to Homeownership Made Easy

Buying a home is a significant milestone, representing more than just property—it’s the foundation of your life and investment. However, the mortgage process can often feel overwhelming and intricate. Alltru Credit Union is dedicated to transforming this experience with their Easy Mortgages program, ensuring that your path to homeownership is smooth and stress-free.

Getting Started with Easy Mortgages

Before diving into house hunting, it’s essential to understand your financial standing. Alltru Credit Union provides tools and personalized assistance to help you determine how much you can afford, setting realistic expectations for your home search.

Steps to Pre-Qualification:

Utilize Mortgage Calculators: Easily estimate your budget with Alltru’s online calculators.
Consult with Loan Counselors: Speak with experts who will assess your savings, income, and financial goals.
Obtain a Preapproval Letter: Strengthen your position in negotiations and expedite the closing process with a preapproval from Alltru.

Tailored Mortgage Options for Every Homebuyer

Alltru Credit Union recognizes that each homebuyer’s situation is unique. Their Easy Mortgages program offers a variety of mortgage types to suit different financial needs and long-term goals.

Types of Easy Mortgages:

Thirty-Year Fixed Rate Mortgage

A classic choice for those planning to reside in their home for many years. This option provides a stable interest rate and consistent monthly payments, making budgeting straightforward.

Fifteen-Year Fixed Rate Mortgage

Perfect for borrowers aiming to pay off their mortgage quickly. While this option comes with higher monthly payments, it offers a lower interest rate and substantial interest savings over the life of the loan.

Adjustable-Rate Mortgage (ARM)

For those seeking lower initial rates, an ARM offers flexibility with options like 5/5 or 7/1 ARMs. These mortgages provide lower rates initially, adjusting periodically based on market conditions, ideal for those planning to move or refinance before rate adjustments occur.

Simplified Mortgage Process from Application to Closing

Alltru Credit Union ensures that every step of the mortgage process is clear and efficient, reducing the usual complexities associated with home buying.

What to Expect:

Loan Application: Submit your application along with necessary documentation.
Property Appraisal: An appraiser will assess the market value of the home.
Employment Verification: Your income and employment details will be verified.
Loan Commitment: Upon approval, a loan commitment is prepared.
Closing: Finalize the loan agreement and complete the purchase, typically within 60 days.

Managing Your Easy Mortgage with Alltru

Once your mortgage is secured, Alltru Credit Union provides robust tools and support to manage your loan effectively.

Digital Banking: Conveniently pay your mortgage online with Alltru’s secure platform.
Customer Support: Access dedicated support for any questions or assistance.
Local Branches: Benefit from personalized service at Alltru’s numerous branches across St. Louis.

“I love my mortgage from Alltru because of the low rates, customer service, and quickness.”
— Marshal, Alltru Member

Why Choose Alltru Credit Union for Easy Mortgages?

Alltru Credit Union stands out in the mortgage industry by offering:

Competitive Rates: Enjoy some of the lowest interest rates available, making homeownership more affordable.
Comprehensive Support: From initial consultation to finalizing your mortgage, Alltru’s team is with you every step of the way.
Streamlined Process: Efficient systems ensure your mortgage is processed promptly, helping you move into your new home faster.

Take the Next Step Towards Your Dream Home

Ready to make homeownership a reality with an Easy Mortgage? Let Alltru Credit Union guide you through a seamless mortgage experience. With expert advice, competitive rates, and a commitment to your financial well-being, achieving your homeownership dreams has never been easier.

Discover More About Our Easy Mortgages