80/10/10 (No PMI)

F Purchase Apply Today
  • Finance your purchase with no PMI—providing huge monthly savings
  • Down payments as low as 10%
  • Your first mortgage will cover up to 80% of the purchase price
  • You’ll receive second mortgage for 10% of the purchase price. Terms of 5, 10, or 15 years are available
  • $500 Visa® gift card at closing*

Apply online today or call us at (812) 469-9928 or 1-800-800-9271 for more information.
*$500 Visa® gift card offer valid on purchases or construction of primary residences only.

Apply for your 80/10/10 loans today! Apply Today

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What information will ETFCU need to process my application?
  • Prior two years addresses and dates of residence.
  • Social Security number or tax ID.
  • Driver’s license or state issued identification card.
  • Prior two years employment information including employer contact and dates of employment.
  • Most recent W2 and pay stub for all income sources.
  • Two years federal tax returns, including tax applicable schedules if you are self-employed, have rental income, farm income or additional non-W2 reported income.
  • Alimony, child support or separate maintenance documentation if you wish to have it considered as basis for repaying this obligation.
  • Additional information may be required such as Divorce decree (if applicable) and/or proof of extra income such as rental income, dividends, Social Security, retirement, disability, pension, or welfare (supporting documentation is required).
  • Balance owed on all liens attached to the property including all mortgages as well as any home equity loans or lines of credit.
  • Most recent mortgage statement (if applicable).
  • Most recent property tax bill.
  • Most recent hazard insurance declaration page.
  • Most recent flood insurance declaration page (if applicable).

Loans are subject to credit review and approval. Closing costs may apply. A sample principal and interest payment on a (30)-year $150,000 fixed rate loan amount with a 4.250% interest rate (4.317% APR) is $737.91. Taxes and insurance are not included; therefore, the actual payment obligation will be greater. Actual interest rate may vary based on credit history. $500 Visa gift card offer available on conventional financing for purchases of primary residences only.