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Your Dream Home Is Closer Than You Think: Explore Your Mortgage Options with Bronco Federal Credit Union

Buying a home is a huge milestone, and the right financing can make all the difference. At Bronco Federal Credit Union, we understand the process can feel overwhelming, but we’re here to guide you through every step. Whether you’re looking for stability with a Fixed-Rate Mortgage or are ready to build your dream home with a Lot Loan or Construction Loan, we’ve got the perfect solution for you.

Fixed-Rate Mortgages: Stability and Peace of Mind

A Fixed-Rate Mortgage offers the stability of predictable monthly payments. With a fixed interest rate for the entire life of the loan, excluding escrow, your payments won’t change, which means no surprises down the road.

Why Choose a Fixed-Rate Mortgage?

• Predictable Payments: Your payment stays the same every month, making budgeting easier.
• Stability: Ideal for long-term homeowners who want security and peace of mind.
• No Surprises: With a fixed rate, you can rest easy knowing exactly what you’ll be paying each month.

What About Escrow?

In addition to your mortgage payment, you may also have an escrow amount included, which covers homeowners’ insurance premiums and property taxes. This amount is collected along with your monthly mortgage payment, but it’s important to know that outside of these, your payment will remain the same. Escrow helps ensure these essential costs are paid on time and rolled into one convenient monthly payment.

Lot Loans & Construction Loans: Build Your Dream Home

Looking to build your perfect home? Bronco offers two separate loan products to help you get started: a Lot Loan for purchasing land and a Construction Loan to finance building your new home.

• Lot Loan: This loan helps you purchase the land where you plan to build. Our Lot Loan option make it easy to purchase the land you need.
• Construction Loan: Once you’ve secured the land, a Construction Loan covers the costs of building your home. It’s a separate product, allowing you to finance both the land and construction through Bronco.

Both loans are available as stand-alone products, meaning you can choose the one that fits your needs.

Why Choose a Lot Loan or Construction Loan?

• Separate Loans: Lot Loans and Construction Loans are independent products, so you can use them individually as needed.
• Competitive Rates: Enjoy affordable rates and flexible terms, tailored to your financial goals.
• Simplified Process: Whether you’re buying land or building, we make it easy to secure the financing you need.

Why Choose Bronco Federal Credit Union?

At Bronco, we provide personalized service and expert guidance, ensuring you feel confident throughout your mortgage journey. Here’s why our members choose us:

• Dedicated Team: Our experienced mortgage professionals will help you understand your options and walk you through the process.
• Competitive Rates: We offer rates and terms that work for you.
• Local Expertise: We’re committed to helping our neighbors in the local community achieve homeownership.

Ready to Find Your Perfect Mortgage?

No matter where you are in your home buying journey, Bronco is here to help. Whether you’re interested in a Fixed-Rate Mortgage, Lot Loan, or Construction Loan, we have the financing options to make your dream home a reality.Get Started Today!

Learn more here or call us at 757-569-6000 to schedule an appointment. Our team is here to help you every step of the way!