HOME LOANS
Better options. Bigger dreams.Flexible options, for every need
Many options
Buying a home? Looking to tap the equity in a home you own? We have many options for home loans.
Lower fees, great rates
We strive to make your dreams achievable. Low fees are just one way we do this.
Xceed Home Search Rewards Center
Earn up to $9,150 when you work with one of our realtor partners to buy or sell.1
Fast processing
Final docs ready to sign in 15 business days, or we’ll waive our processing fee.2
Featured Loans for Homebuyers3
| Loan type | Best if you want … | APR |
|---|---|---|
| 30 Year Fixed Rate Mortgage | Best if you want … Fixed monthly payments over the life of your loan | APR 3.080% |
2.875% interest rate | ||
| 15 Year Fixed Rate Mortgage | Best if you want … Fixed monthly payments on a shorter term | APR 2.639% |
2.500% interest rate | ||
| 10 Year Fixed Rate Mortgage | Best if you want … Fixed monthly payments on our shortest term | APR 2.636% |
2.500% interest rate | ||
| 7 Year Adjustable Rate Mortgage | Best if you want … Lower interest at first, followed by variable rates that may increase your payments later | APR 3.172% |
3.125% interest rate | ||
| 5 Year Adjustable Rate Mortgage | Best if you want … Lower interest at first followed by variable rates, on our shortest term | APR 3.096% |
3.000% interest rate | ||
Want to know how much you can afford? Get a customized home loan quote within one hour.
Call us at 877.XCEED.11 (877.923.3311) or complete the following form.
Earn cash rewards when buying or selling a home
Visit the Xceed Home Search Rewards Center to browse nationwide listings or look for a realtor. You could even enjoy a cashback reward of up to $9,1501 if you choose to work with one of our realtor partners to buy a new home or sell your current home.
Learn more
15-Day Close Guarantee
With our Closer to Home program, we guarantee your loan will be processed and final documents ready to sign in just 15 business days, or we’ll waive our processing fee.2
Contact our Mortgage Loan Officers
Programs that could help you buy your first home
WISH: Bringing homeownership within reach
The Workforce Initiative Subsidy for Homeownership (WISH) Program4 is a matching grant of up to $22,000 for eligible individuals and families who want to switch from renting to owning.
What can WISH do for you? Let’s say you’ve saved $1,500, and your parents can give you an additional $4,000. With WISH, you can get $22,000 more, raising your nest egg to $27,500 total.
It gets better: WISH grants can be combined with the other loan assistance programs we offer at Xceed, like HomeReady®. Ask a loan officer for details today.
*Applications for 2020 are closed. Please check for updates regarding 2021 applications.
HomeReady® Loan
Get lower costs and easier qualification for first-time homebuyers with a down payment as low as 3%. Gifts, grants and sources other than your savings (including a second loan) can be used toward the down payment.
Your relatives or roommates don’t have to be on the loan, but their rent and income may help you qualify. Co-borrowers don’t have to live with you.
Income requirements may apply, and a home buyer class is required.
FHA Loan
A Federal Housing Administration (FHA) loan is federally insured with a down payment as low as 3.5%. Gifts, grants and sources other than your savings can be used toward the down payment.
This loan typically offers lower down payments, lower closing costs, and easier credit qualification than traditional loans.
To qualify, you’ll need a credit score of at least 580. Note, the government requires private mortgage insurance (PMI) on FHA loans.
What do you want to do?
Refinance your existing mortgage
A refinance could lower your payment, shorten your term, or put cash in your pocket.
Get your home equity working for you
A remodel, a purchase, a jumpstart on savings—there are lots of reason to tap your home equity.
Ready to sell? You can get cash back
Get up to $9,1501 cash back if you choose to work with one of our realtor partners when selling your home.
Featured Loans for Homeowners3
| Loan type | Best if you want … | APR as low as |
|---|---|---|
| 20 Year Home Equity Loan | Best if you want … A lump sum to pay off debt, fund home improvements, or anything else you need. | APR as low as 4.853% |
4.875% interest rate 0 points $653 payment
| ||
| Home Equity Line of Credit | Best if you want … A revolving line of credit from your home equity, there when you need it. | APR as low as 3.750% |
Variable rate loans may adjust monthly based on the prime rate (index) plus a margin. The maximum allowable APR is 18%. You may pay certain fees to third parties to open the plan, such as government agencies. These fees generally total between $200 and $3,000. If you ask, we will provide you with an itemization of the fees you will have to pay third parties. A $250 Processing Fee is due at closing. If you close your HELOC within 36 months, you are subject to pay the lesser of your actual closing costs or $500. A $75 Inactivity Fee may be charged each year beginning with the first anniversary of the year of the plan opening and every subsequent year if you have not had any activity on your account. Xceed Financial collateral requirements and underwriting guidelines will be followed. Programs, rates, terms, and conditions are effective as of 6/18/2020, may vary based on creditworthiness, qualification and collateral conditions, and are subject to change at any time without notice. Property insurance is, and flood insurance may, be required and are not included in closing costs. Additional terms, conditions, and restrictions apply. | ||
Meet our Mortgage Loan Officers
Our team has the experience and dedication
to help you select the right loan for your needs.
Workout Loan
If Xceed is your primary mortgage lender and you’re experiencing a hardship, contact us immediately at 800.993.9328 x 74354 to request a Workout Loan. You’ll need:
- Last two years’ W-2s and current paystubs
- Last two years’ federal tax returns
- Hardship letter explaining the circumstances regarding the default and how a Workout Loan will help you avoid foreclosure
- Two months’ current statements for all bank/credit union accounts, excluding your account(s) with Xceed
- Listing agreement for the property, if currently listed, and current asking price
- Any offers to purchase the property
Home Insurance
Xceed members can get a discount on home insurance, thanks to our partnership with TruStage Insurance.
Luis A. and Tom. M on Xceed’s competitive loan rates and personal service
Ready to get started?
Disclosures
Offers, programs, rates, terms, and conditions are current as of 6/18/2020 and are subject to change at any time without notice. Ask an associate for details.
1Program and rewards, including the Cash-Back bonus, are provided by Cartus Corporation and made available to Xceed Financial Federal Credit Union members. The Cash-Back bonus is offered in most states. The Cash-Back bonus is only available with the purchase and/or sale of your home through the use of a program-recommended real estate agent. Customers are not required to receive financing from Xceed Financial Federal Credit Union in order to receive benefits of this program. All real estate commissions are negotiable. Other terms and conditions may apply. Please check with an Xceed Mortgage Loan Officer for details.
2Certain terms, restrictions and conditions apply, are subject to change, and may be discontinued at any time. This is not a commitment to lend. Offer valid 12/01/17 – 12/31/20. Closer to Home, 15 day guarantee is defined as Xceed Financial Credit Union will have cleared all lender conditions so that final loan documents are ready to be sent to the member’s closing agent within 15 business days. Member must be pre-approved by Xceed prior to contracting to buy the home; preapproval must be current, within 90 days of contract with no material financial changes. Buyer must provide to Xceed within 2 days of offer acceptance: an executed sales contract, all loan documentation as required, member’s authorization to proceed with the loan and any upfront fees. Loan rate, amount, and terms must be locked and remain unchanged at least 10 business days prior to the “Closer to Home, 15 day guarantee” signing date. Escrow period not to exceed 45 days. Offer available only for conforming, high balance conforming and portfolio purchase loans on single family residences including condos and PUDs. Limited to CA, CO, CT, FL, NC, NJ, NY, PA, and TX. Offer not valid for FHA/VA loans, HELOCs, second mortgages or refinance loans. Xceed will waive the entire processing fee, up to $895, if the 15 business day timing is not met, provided all other conditions are met. Guarantee does not apply to events beyond the control of Xceed, including appraised value, borrower/seller/third-party delays, outside second lien holder approval, short sale approval, lender conditions that cannot be met by any party, or acts of God, i.e. inclement weather. Ask an associate for details.
3Conforming rates and payments based on a loan amount of $484,350. HELOC and HE loan are based on $100,000. Certain rate and/or point adjustments may apply depending on loan features. XFCU updates this rate page daily between 6:00-9:00 AM PT on business days. All rates quoted assume a 45 day rate lock. Other rate lock periods are available. Interest rates posted on this sheet are based on a 740 FICO and a purchase of 60% loan to value (LTV) Owner occupied single family residence property in California. Additional fees may apply based on credit score, LTV, property type, occupancy, and cash out refinances.
4Enrollment in the WISH Program does not guarantee the homebuyer receipt of WISH funds. This is not a commitment to lend. Xceed Financial Credit Union loan limits, collateral requirements, and underwriting guidelines will be followed. Programs, rates, terms and conditions are subject to change at any time without notice. Additional terms, conditions, and restrictions apply.