State Department Federal Credit Union First-Time Homebuyer Mortgage

State Department Federal Credit Union First-Time Homebuyer Mortgage is a grant for homebuyers in Statewide, California. 100% LTV mortgage for SDFCU members. No PMI, 30-year fixed. 100% LTV first mortgage with no PMI, no down payment for SDFCU members. 30-year fixed-rate. First-time homebuyer focus. This is a nationwide program, so it is available beyond a single state or city.

State Department Federal Credit Union First-Time Homebuyer Mortgage is structured as a grant, so it is not repaid. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

State Department Federal Credit Union First-Time Homebuyer Mortgage is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. Sourced via Homebuyer Wallet (NT20250029). Membership in SDFCU required (State Department + select federal employees + family). 30-year fixed-rate.

State Department Federal Credit Union First-Time Homebuyer Mortgage can be used for Single-family, Condo, Townhouse.

State Department Federal Credit Union First-Time Homebuyer Mortgage is a nationwide program, so it is not limited to one state.

Applications for State Department Federal Credit Union First-Time Homebuyer Mortgage go through the administering agency. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.