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Mortgage Loans

Current Promotions

$500 OFF Closing Costs1

Effective June 17, 2020, and valid on applications taken on or before 3/31/2021.

We Offer Pre-Approvals and Down Payment Options so you can be confident that your dream home will fit your budget.

Download PDF Special

Fixed Mortgage Rates on Second Homes & 1-4 Family Rental Properties
Owner Occupied Specials Extended until December 31

12 & 18-year financing options that lower your payments and help pay off your mortgage faster!

Coming Spring 2021 - Residential Construction Loans

Let's get started!

FirstCCU Mortgage Application or
Fixed 2nd Mortgage Application - 5 or 10 year



Home Equity Line of Credits (HELOC) 

First Community Credit Union Mortgage Loans

Dreaming of being a homeowner? FirstCCU is here to help!

Whether you're a first-time homebuyer or a seasoned homeowner wanting to upgrade to a larger house, FirstCCU is here for you.

Our friendly and knowledgeable mortgage specialists will guide you through the process and help you find the home loan that's right for you. We provide a smooth and simple home loan experience with personal attention at every turn.

Plus we offer free pre-approvals that verify your “Ready-to-Buy” status.

Our mortgage department can help you with:

First Mortgages

Purchasing a home is likely the largest purchase you’ll make. We offer competitive fixed and adjustable rates* on mortgage loans that are locally owned and serviced.


Refinance Existing Mortgages

We can help establish a mortgage payment that works for you. Lower your monthly payment or payoff off your mortgage faster.

Home Equity Loans

Tap into your home’s potential by using the equity. Pay off debt, make home improvements, or take that dream vacation! Our home equity loans are fixed-rate loans with a variety of term options.


Home Equity Line of Credits (HELOC)

We offer HELOCs that allow you to borrow and pay continuously for up to 10 years. This is a great option if you are unsure of home improvement costs or would like the financial reassurance when your home needs an emergency repair.


Contact a FirstCCU Mortgage Specialist to take advantage of historically low rates:

To get your personal mortgage rate, please contact one of the First Community Credit Union's mortgage specialists.


Tammy Kolovitz NMLS #680699 (Also serving Beloit)
(608)-368-7684 or tkolovitz@firstccu.com  





Debbie Watson NMLS #455658
(608)-368-7661 or dwatson@firstccu.com





George Pleshkewych NMLS #443967
(815)-708-2267 or gpleshkewych@firstccu.com





Tammy Kolovitz NMLS #680699 (Also serving Janesville)
(608)-368-7684 or tkolovitz@firstccu.com 





Shawna Sherry NMLS #1974744
Mortgage Operations Director
(608)-313-3385 or ssherry@firstccu.com 






Mortgage Loan Calculator

Use this mortgage calculator to get an estimate** of monthly payments, total payments, total interest, and amortization paydown.

*Annual Percentage Rate (APR). Rates are subject to change and other credit qualifications and restrictions may apply. Offer may expire without notice. Rates for Investment, Rental, and Land/Lot loans available upon request. **The loan calculator is an estimation tool to help the user understand what it may take to pay back a theoretical loan. Not all terms provided by or entered into the loan calculator may be offered by the Credit Union. An example of a repayment term is 30 years at $200,000 mortgage at an interest rate (APR) of 3.5%.  Rates, terms and conditions are subject to change and may vary based on creditworthiness, collateral conditions and other factors. The loan calculator estimates are not loan quotes. They may or may not be representative of your personal circumstances.  The estimate is not a guarantee for a loan. Not all borrowers or loans will be eligible for the Interest Rates, Loan Terms, and optional  and additional offers.  Costs are dependent on the protection(s) elected and will vary from the costs included in this estimate. Contact the Credit Union for a complete list of terms and conditions.
*Annual Percentage Rate. APR is based off loan assumptions that include a borrower with 680 credit score or higher; your actual APR may differ depending on your credit history and loan characteristics. Lending up to $200,000 on a 12 or 18 year amortization. Other credit qualifications may apply. Transaction for refinance new money 1st Mortgage only. $500 flat fee closing costs. Closing will be done in house by qualified staff, no Title Company closing. Refinance maximum LTV of 80% based on the Fair Market Value of the most recent tax statement. Maximum DTI of 38%. Lender Title Policy required. Servicing will be done by Midwest Loan Services. FirstCCU will cover the cost of credit, tax service, flood certification, Title and Policy and recording that exceeds the $500.00 flat fee. Any specialty fees (Quick Claim Deeds, appraisals, or recording fees for old title liens will be passed on to the borrower). Other Mortgage products offered will be normal qualifications and costs to member. If debt ratio exceeds 38%, must use standard mortgage products with DU Eligible and sell to FHLB.  1 New purchase only. The $500 closing cost credit cannot exceed the actual amount of closing costs, prepaid interest, and escrow reserves. This includes if the credit is combined with a seller closing cost credit. First mortgages only (offer does not apply to second mortgages or home equity lines of credit). Other credit qualifications may apply. Rate subject to change without notice. Not valid with any other offers. Federally insured by the NCUA. Equal Housing Opportunity. Offer effective on applications taken on or before March 31, 2021.
NMLS #401913

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