Featured Rates
Rates as of May 23, 2022 9:30 AM CDT and are subject to change throughout the day. All mortgage rates include Extra Credit Discount2 and require credit and loan approval. Rates vary based on borrower financial qualifications and loan to value. Refinance rates may be higher. Ask your loan officer for more details.
PURCHASE
Options include low down payments, first-time buyers programs, and programs to eliminate PMI.
BUILD
ETFCU offers down payments as low as 5%, a 9-month construction period, and a convenient one-time close.
REFINANCE
We offer programs to help you lower your payment, shorten your term, or both—including options with no closing costs.
Select a category above to view our mortgage options.
Pole Barn Home
- Available for purchase, no cash-out refinance, and construction loans
- Minimum 20% down payment or equity is required
- Fixed rate terms of 10, 15, and 20 years available
- Adjustable-rate mortgage (ARM) options of 3/6, 5/6, 7/6, and 10/6 available
- Receive up to a $500 gift card at closing*
Our Pole Barn Home loan program is designed specifically with the needs of you, the homebuyer, in mind.
*Restrictions apply. See page for full details.
Manufactured Home
- Available for purchases and no cash-out refinances
- Minimum 5% down payment or equity is required
- Fixed rate terms of 15, 20 and 30 years available
- Existing, permanently attached doublewide homes only
- Receive up to a $500 gift card at closing*
Are you looking to purchase a manufactured home on that perfect piece of property but are having a hard time finding financing? We have multiple fixed rate options for manufactured homes with as little as 5% down.
*Restrictions apply. See page for full details.
Fannie Mae Home Ready
- Requires only 3% down payment
- Down payment can be a gift from a relative
- Do not have to be a first-time homebuyer
- Receive up to a $500 gift card at closing*
Our Fannie Mae Home Ready program makes committing to purchasing a home easier. It gives homeowners the stability and peace of mind by providing predictable mortgage payments over the life of the loan.
*Restrictions apply. See page for full details.
ET100
- 100% Financing up to conforming loan limits ($647,200)
- Fixed rate terms of 15, 20, and 30 years available
- Available with 5/6, 7/6 and 10/6 adjustable rate mortgage (ARM) options
- In-House loan with private mortgage insurance
- Receive up to a $500 gift card at closing*
This great purchase program allows us to help place more buyers into homes they deserve. ET100 offers great benefits, including 100% financing and multiple term options for those who qualify.
*Restrictions apply. See page for full details.
Refinance
ETFCU offers programs to help you lower your payment, shorten your term, or both, including:
- Fixed-rate options from 10- to 30-years
- Multiple ARM options with locked initial terms ranging from 3- to 10-years
- Our popular, no closing cost SmartMove Mortgage
- Plus many more!
Physician Construction Loan
- No Private Mortgage Insurance (PMI)
- Convenient one-time closing
- 95% financing for $970,801 to $1,500,000 loan amounts
- 90% financing for $1,500,001 to $2,000,000 loan amounts
- Required Credentials: MD, DO, DDS, DMD, OD, DP, or DPM
The rate is locked from the beginning which guarantees you a low rate for the life of the loan
*Restrictions apply. See page for full details.
Fixed Home Equity Loans
- Fixed second mortgages up to 95% Total Loan To Value (TLTV)
- Fixed rate terms of 5, 10, or 15 years
- Minimum credit score of 680
- Maximum debt ratio of 43%
Are home renovations in your plans? Or perhaps you’d like to go on vacation or consolidate debt. Whatever your plans, now is a great time to make it happen.
Renovation Loans
- Finance up to 95% of appraisal value subject to the home improvements
- For loan amounts up to $970,800 or less1
- Primary residence and 1-unit single family dwellings only
- Renovation must be completed by a licensed general contractor 2
Want to remodel your kitchen or add a bathroom? Our ETFCU renovation loan would be perfect for you to accomplish all your fixer-upper needs!
*Restrictions apply. See page for full details.
HomeOneSM
- At least one borrower must be a first-time homebuyer
- Requires a low down payment of 3%
- 30-year fixed rate
- Receive up to a $500 gift card at closing*
This mortgage solution helps first-time homebuyers achieve the dream of homeownership. Plus, there are no borrower geographic or income restrictions.
*Restrictions apply. See page for full details.
Community Hero 100
- Available to teachers, nurses, first-responders and other community heroes*
- 100% Financing
- Fixed rate terms of 15, 20, and 30 years available
- Receive up to a $500 gift card at closing*
This mortgage option is a way for us to give back to some of those who play vital roles in our local communities so they can enjoy the dream of home ownership.
*Restrictions apply. See page for full details.
Government Mortgage Loans
ETFCU is proud to offer government mortgage product financing, including FHA, USDA, and VA. Our team is here to help your clients understand the various options available to find the best program for their needs. Contact any ETFCU mortgage loan originator or visit us online to learn more.
80/15/5 (No PMI)
- No PMI—providing you huge monthly savings
- Down payments as low as 5%
- A second mortgage will cover 15% of the purchase price
- Receive up to a $500 gift card at closing*
Purchase your new home with no PMI.
*Restrictions apply. See page for full details.
Adjustable Rate Mortgage
- Several options available including 3/6, 5/6, 7/6, and 10/6 ARMs
- Offers a lower initial rate than a fixed rate mortgage
- Fixed interest rate for an initial period, then can adjust bi-annually thereafter
- Receive up to a $500 gift card at closing*
Our adjustable rate mortgage programs may help you enjoy a lower rate.
*Restrictions apply. See page for full details.
Condo Loan
- Down payments as low as 10%
- Available for purchase or refinance
- No closing cost refinance available
ETFCU offers programs to help you purchase or refinance your condo.
Freddie Mac Home Possible Advantage
- Requires only 3% down payment
- No reserves required
- Loan rate not dependent on credit score
- Receive up to a $500 gift card at closing*
This mortgage program is a great option if you don’t have a large income.
*Restrictions apply. See page for full details.
Jumbo Loan
- For loan amounts exceeding the conforming loan limit of $647,200
- Purchase and refinance options
- Receive up to a $500 gift card at closing*
ETFCU’s Jumbo Loan program can help you secure your large mortgage.
*Restrictions apply. See page for full details.
Bridge Loan
- Financing up to 90% of the appraised value
- Interest-only monthly payments
- 9-month term
- Low closing costs
Use your home’s equity as a down payment on your new purchase.
Conventional Mortgage
- Guaranteed low rate
- Fixed-rate terms from 10- to 30-years
- Points and no-point options available
- Receive up to a $500 gift card at closing*
Lock in a low, fixed rate for the life of your mortgage.
*Restrictions apply. See page for full details.
Home Equity Line of Credit
- No annual fee or prepayment penalty
- $15,000 up to $250,000 revolving credit line
- Rates can adjust
- Home equity lines of credit up to 90% Total Loan To Value (TLTV)
Need cash for a large expense? Enjoy a great rate when you take advantage of your home’s equity.
USDA Rural Housing Loan
- $0 down – 100% financing available
- Small towns, suburbs, and exurbs of major cities qualify
- Competitive interest rates
Looking for a home outside the city limits? A USDA Rural Housing Loan may be right for you.
FHA Loan
- Down payments as low as 3.5%
- More lenient requirements for income and credit history
- Gifts are allowed for down payment and closing costs
Our FHA program can make your dream of home ownership a reality!
VA Loans
- Available with no down payment
- Fixed-rates available at terms up to 30 years
- Loan amounts starting at $50,000
The VA loan is available to eligible veterans and active-duty military personnel.
Construction Loan
- Convenient one-time close can save you thousands
- Down payment as low as 5% up to $970,800 loan amount
- 12-month construction period
- Terms up to 30 years
- Jumbo loan financing available
- Receive up to a $500 gift card at closing*
Our construction loan program can make your dream home a reality.
*Restrictions apply. See page for full details.
Turnkey Financing
- No construction financing needed
- Rates can be locked up to 6 months*
- One-time rate drop option if market rates decrease*
- Jumbo loan financing available
- Receive up to a $500 gift card at closing*
Let the builder of your choice design your perfect home, and ETFCU will take care of your end financing needs.
*Restrictions apply. See page for full details.
80/10/10 (No PMI)
- No PMI—providing you huge monthly savings
- Down payments as low as 10%
- A second mortgage will cover 10% of the purchase price
- Receive up to a $500 gift card at closing*
Purchase your new home with no PMI.
*Restrictions apply. See page for full details.
Lot Loan
- Purchase up to 10 acres
- Available for 10 or 15 year fixed rate terms
- Low rates, low costs
Whether you plan to build right away or wait, we can help you get started.
Physician Loans
- No Private Mortgage Insurance (PMI)
- 100% financing up to $970,800 loan amount
- 90% financing for $1,500,001 to $2,000,000 loan amounts
- Receive up to a $500 gift card at closing*
This program is available to residents, fellows, new, and established physicians alike.
*Restrictions apply. See page for full details.
Homeownership Opportunities Program
- Offers $8,000 in assistance to qualifying low- to middle-income buyers
- Must be a first-time homebuyer
- Requires a five-year retention agreement
Assistance is limited. Contact us about the Home Ownership Opportunities program today at (812) 469-9928 or 1-800-800-9271.
Simple Solutions
- Down payment of only 3%
- Lower closing costs than an FHA loan—potentially saving you thousands
- Available in multiple term options
- Receive up to a $500 gift card at closing*
Lack a large down payment? ETFCU’s Simple Solutions mortgage program offers considerable benefits versus an FHA loan.
*Restrictions apply. See page for full details.
SmartMove Mortgage
- Fixed-rate 10- and 15-year first mortgage options
- Second mortgage options also available
- 80/10/10 cash out options
Our popular SmartMove Mortgage lets you refinance your existing mortgage to a low rate.
What our members are saying
"The credit union helped me find the right program, a great rate, and they were very helpful and informative every step of the way. I was amazed by how quick and easy they made the entire process. The $500 gift card at closing was also a nice addition to an overall wonderful home financing experience."
Jeff Warren, Evansville
"When my husband and I first started thinking about building a home, we spoke to friends who had been through the process. We learned that you definitely want to choose the right partner. ETFCU has a fantastic construction program, particularly with the one-time close feature. They really made the process easy for us. It was a great experience."
Tammy Wittenbraker, Newburgh
“I wanted to thank you for the outstanding job you did on getting my loan approved and closed. It was truly the best banking experience I have ever had! This loan has made our lives easier financially and given us the ability to provide the things my wife and I want for our family.”
Jason Melton, Evansville
"We switched our accounts to ETFCU a few months ago, but have quickly done a lot of business with you. We got a mortgage on a new home we bought with a bridge loan—which allowed us to buy the new home without first selling our current home. Our mortgage officer has gone above and beyond several times. Your company's customer service—and products and services in general—have been amazing!"
Abbey D., Evansville
Contact us for a free consultation
Our mortgage experts excel at finding the best option for each member’s needs. Contact us or apply today!
EXTRA CREDIT DISCOUNT
Pair your mortgage loan with your ETFCU checking account and debit card and receive a 1/8% APR interest rate discount.3
RATE MATCH GUARANTEE
We are committed to offering your lowest rate. If you find a lower rate, we’ll match it.2
PURCHASE PLUS
Receive up to a $500 gift card to spend anywhere on closing of your purchase or construction loan.4
Mortgage Loan Originators
We have mortgage experts in Indiana, Kentucky, and Illinois ready to help you find the right program!
Select a state above to view our mortgage experts!
Cambry Altmeyer
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8550
NMLS#: 1239338
Maverick Carnahan
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 473-1228
NMLS#: 1639924
Will Craven
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 1456
NMLS#: 1955197
Michelle Hodges
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 473-1222
NMLS#: 1002077
Shasta Ligon
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 Ext. 8543
NMLS#: 439093
Hailey Moss
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8616
NMLS#: 2062704
Alyssa Pinkston
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 437-7545
NMLS#: 2028259
Kyle Watts
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8375
NMLS#: 2315011
Amanda Rhodaback
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8575
NMLS#: 1214736
Shecari Seib
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 473-1226
NMLS#: 703899
Kevin Kirk
Burkhardt Office
1900 Hirschland Road
Evansville, IN 47715
(812) 401-5616
NMLS#: 398178
Melissa Woodring
Burkhardt Office
1900 Hirschland Road
Evansville, IN 47715
(812) 477-9271 Ext. 6213
NMLS#: 1002076
Gina Mattingly
Fort Branch
811 E. Mulberry Street
Fort Branch, IN 47648
(812) 473-1216
NMLS#: 1673480
Mitchell Brothers
Northbrook Office
1100 West Buena Vista Road
Evansville, IN 47710
(812) 473-1229 ext. 5004
NMLS#: 1505286
Travis Fischer
Princeton Office
3014 W. Broadway Street
Princeton, IN 47670
(812) 386-3112
NMLS#: 39198
Kristy Lindsay
Vincennes Office
1395 S. Hart Street Road
Vincennes, IN 47591
(812) 886-9377
NMLS#: 1088552
Jaycee Witshork
Vincennes Office
1395 S. Hart Street Road
Vincennes, IN 47591
(812) 886-9377
NMLS#: 1429385
Carla Fortson
Warrick Office
7697 Park Place Drive
Newburgh, IN 47630
(812) 473-1215
NMLS#: 756783
Tyler Weaver
Warrick Office
7697 Park Place Drive
Newburgh, IN 47630
(812) 477-9271 ext. 8561
NMLS#: 1395803
Cami Gordon
Washington Office
2103 East National Highway
Washington, IN 47501
(812) 213-3517
NMLS#: 502856
Mary Beth Papenmeier
West Evansville Office
4905 University Drive
Evansville, IN 47712
(812) 473-1217
NMLS#: 439440
Craig Huebner
Mt. Vernon Office
405 E. Fourth Street
Mt. Vernon, IN 47620
(812) 473-1218
NMLS#: 271132
Cindy Barnhill
Downtown Evansville Office
728 Locust Street
Evansville, IN 47708
(812) 477-9271
NMLS#: 13291
Nicole Hankins
Northfield Office
12225 North Highway 41
Evansville, IN 47725
(812) 477-9271 ext. 5203
NMLS#: 1634704
Arin Wagner
Henderson Office
349 Starlite Drive
Henderson, KY 42420
(270) 826-3029 Ext. 7304
NMLS#: #1277378
Cambry Altmeyer
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8550
NMLS#: 1239338
Maverick Carnahan
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 473-1228
NMLS#: 1639924
Will Craven
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 1456
NMLS#: 1955197
Michelle Hodges
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 473-1222
NMLS#: 1002077
Shasta Ligon
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 Ext. 8543
NMLS#: 439093
Hailey Moss
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8616
NMLS#: 2062704
Alyssa Pinkston
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 437-7545
NMLS#: 2028259
Amanda Rhodaback
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8575
NMLS#: 1214736
Shecari Seib
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 473-1226
NMLS#: 703899
Kevin Kirk
Burkhardt Office
1900 Hirschland Road
Evansville, IN 47715
(812) 401-5616
NMLS#: 398178
Melissa Woodring
Burkhardt Office
1900 Hirschland Road
Evansville, IN 47715
(812) 477-9271 Ext. 6213
NMLS#: 1002076
Gina Mattingly
Fort Branch
811 E. Mulberry Street
Fort Branch, IN 47648
(812) 473-1216
NMLS#: 1673480
Mitchell Brothers
Northbrook Office
1100 West Buena Vista Road
Evansville, IN 47710
(812) 473-1229 ext. 5004
NMLS#: 1505286
Travis Fischer
Princeton Office
3014 W. Broadway Street
Princeton, IN 47670
(812) 386-3112
NMLS#: 39198
Kristy Lindsay
Vincennes Office
1395 S. Hart Street Road
Vincennes, IN 47591
(812) 886-9377
NMLS#: 1088552
Jaycee Witshork
Vincennes Office
1395 S. Hart Street Road
Vincennes, IN 47591
(812) 886-9377
NMLS#: 1429385
Carla Fortson
Warrick Office
7697 Park Place Drive
Newburgh, IN 47630
(812) 473-1215
NMLS#: 756783
Tyler Weaver
Warrick Office
7697 Park Place Drive
Newburgh, IN 47630
(812) 477-9271 ext. 8561
NMLS#: 1395803
Cami Gordon
Washington Office
2103 East National Highway
Washington, IN 47501
(812) 213-3517
NMLS#: 502856
Mary Beth Papenmeier
West Evansville Office
4905 University Drive
Evansville, IN 47712
(812) 473-1217
NMLS#: 439440
Cindy Barnhill
Downtown Evansville Office
728 Locust Street
Evansville, IN 47708
(812) 477-9271
NMLS#: 13291
Nicole Hankins
Northfield Office
12225 North Highway 41
Evansville, IN 47725
(812) 477-9271 ext. 5203
NMLS#: 1634704
Bruce Sook
East Owensboro Office
2930 Wimsatt Court
Owensboro, KY 42303
(270) 240-1520 Ext. 7104
NMLS#: 402227
Lindsay Ballard
Liberty Financial Owensboro
2925 Wimsatt Court
Owensboro, KY 42303
(270) 713-5304
NMLS#: 488906
Jared Daugherty
Liberty Financial Owensboro
2925 Wimsatt Court
Owensboro, KY 42303
(270) 222-3842
NMLS#: 1131147
Heather Montgomery
Liberty Financial Owensboro
2925 Wimsatt Court
Owensboro, KY 42303
(270) 767-6508
NMLS#: 502333
Terra Shively
Liberty Financial Owensboro
2925 Wimsatt Court
Owensboro, KY 42303
(270) 228-2348 ext. 2348
NMLS#: 488907
Aaron Strawn
Liberty Financial Owensboro
2925 Wimsatt Court
Owensboro, KY 42303
(270) 713-0124
NMLS#: 1225481
Adam Taucher
Liberty Financial Owensboro
2925 Wimsatt Court
Owensboro, KY 42303
(270) 713-5303
NMLS#: 1410187
Jamie Stanley
Liberty Financial Owensboro – West Office
2820 N. York Street
Owensboro, KY 42301
(270) 228-0574
NMLS#: 488926
Cambry Altmeyer
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8550
NMLS#: 1239338
Will Craven
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 1456
NMLS#: 1955197
Michelle Hodges
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 473-1222
NMLS#: 1002077
Shasta Ligon
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 Ext. 8543
NMLS#: 439093
Gina Mattingly
Fort Branch
811 E. Mulberry Street
Fort Branch, IN 47648
(812) 473-1216
NMLS#: 1673480
Amanda Rhodaback
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8575
NMLS#: 1214736
Shecari Seib
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 473-1226
NMLS#: 703899
Craig Huebner
Mt. Vernon Office
405 E. Fourth Street
Mt. Vernon, IN 47620
(812) 473-1218
NMLS#: 271132
Travis Fischer
Princeton Office
3014 W. Broadway Street
Princeton, IN 47670
(812) 386-3112
NMLS#: 39198
Kristy Lindsay
Vincennes Office
1395 S. Hart Street Road
Vincennes, IN 47591
(812) 886-9377
NMLS#: 1088552
Jaycee Witshork
Vincennes Office
1395 S. Hart Street Road
Vincennes, IN 47591
(812) 886-9377
NMLS#: 1429385
Cami Gordon
Washington Office
2103 East National Highway
Washington, IN 47501
(812) 213-3517
NMLS#: 502856
Hailey Moss
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 477-9271 ext. 8616
NMLS#: 2062704
Alyssa Pinkston
Main Office
4401 Theater Drive
Evansville, IN 47715
(812) 437-7545
NMLS#: 2028259
BETTER PROGRAMS. GUARANTEED SAVINGS.
You don’t have to be a teacher to take advantage of our services.
Simply apply online today to get started.
Feeling overwhelmed? It's never too late to learn!
Check out Mortgage 101 at ETFCU's Financial Education Center
Click here for a list of our employees registered through the Nationwide Mortgage Licensing System (NMLS) as of April 27, 2022 1:34 pm CDT.
Rates accurate as of May 23, 2022 and are subject to change daily. All mortgage rates include Extra Credit Discount. 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. Product offerings may vary by state or region. Taxes and insurance are not included; therefore, the actual payment obligation will be greater. Actual interest rate may vary based on credit history. Visit etfcu.org/mortgagecalculator to calculate payments with other terms, balances, or rates. ETFCU mortgage lending product availability may vary based on property location.
2Rate Match Guarantee available for new purchases and refinanced first mortgage loans of primary residences with conventional conforming financing. Certain product exclusions may apply. Offer valid only for lenders compared in a physical location within 50 miles of any ETFCU office. Loan Estimate from competing lender must be dated and received within three calendar days prior to locking your interest rate at ETFCU. The terms of the competing loan must be identical to ETFCU’s loan. If the loan does not close within the commitment period, the rate match may be voided. This offer is subject to credit approval and may change or terminate without notice. Offer is not applicable to government loans, including FHA, USDA, and VA financing. Rate includes Extra Credit Mortgage discount. Contact an ETFCU mortgage loan officer for further details.
3Discount available on conventional conforming financing of purchases for primary residences only. Offer available for new primary mortgage loans and mortgage loans already established at ETFCU when refinanced with at least $10,000 new money. Closing costs may apply. ETFCU verifies the past checking history of applicants with ChexSystems, a national consumer reporting network. Information obtained from the report could result in checking account denial. Certain product exclusions may apply. Contact an ETFCU mortgage loan officer for further details.
4Gift card offer is available on financing of purchase or construction loans for primary residences only. Purchase or construction loan amounts up to $149,999 will receive a $250 gift card. Purchase or construction loan amounts of $150,000 or greater will receive a $500 Gift Card. Not valid in combination with any other offer.
SmartMove Mortgage is subject to credit approval. No closing cost offer is available on first mortgage refinance transactions with 80% maximum loan-to- value. Standard closing costs apply to existing ETFCU mortgages refinanced within the last 12 months. Additional costs may apply if escrow and /or title insurance are required. Not available on manufactured homes. Actual interest rate may vary based on credit history. Rates and conditions are effective as of 6/23/2016 and are subject to change daily. Based on a $100,000 loan on a 180 month term, monthly payments at 3.290% with no closing costs would be $702.75 per month and a 3.250% APR. The rate cannot be locked until application approval. Property insurance required. Other restriction may apply. Equal Housing Lender.