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Here at OE Federal, we understand that purchasing a home is a huge step. That’s why we’re offering to take care of the appraisal fee* for our first-time homebuyers.

>> You read that right <<

During the month of March, we’re not only going to help you on this new journey to purchasing your home, we’re also going to take care of your appraisal fee*!

But…who’s considered a “first-time homebuyer?”

A first-time homebuyer is someone who:
>> has not owned a home in the past four or more years
>> has not owned an investment property in the past four or more years
>> and has not had a major credit event in the past seven years.

>>  See details below for more information



Got Questions?
Give us a call at 800.877.4444 and ask for our Real Estate Team!

View Rates and Apply Now!



*APR=Annual Percentage Rate. Offer available on 10-Year Fixed, 15-Year Fixed, 20-Year Fixed, 30-Year Fixed, 15 Year High Balance, 30 Year High Balance Mortgage loans and 5/1, 7/1, and 10/1 adjustable rate mortgage loans for First-Time Homebuyers. A First-Time Homebuyer is defined as an individual who has had no ownership in a principal residence and/or investment property during the 4-year period ending on the date of purchase of the property and has not had a major credit event in the last seven (7) years.  A “major credit event” is defined as a Bankruptcy, Foreclosure, or Short Sale”. Offer only valid on closed loans. Rates and fees are subject to change without notice. Your actual rate may be different, as many factors can affect the final interest rate. Rate Locks are available after loan terms have been discussed with an OE Federal Loan Officer using verified credit, Loan-to-Value and borrower qualifications. All applicants must meet standard underwriting guidelines. You will be required to maintain property insurance throughout the life of the loan and title insurance is required on any first Mortgage.

Offer is valid for applications submitted March 1, 2020 through March 31, 2020 and that close by June 30, 2020. The appraisal fee shall be paid by the applicant in advance, but a lender credit equal to the amount of the appraisal fee will be credited to the borrower at closing. Maximum amount of appraisal fee eligible to be credited by the Credit Union is $1,000.00. Offer subject to change without notice and at the sole discretion of the credit union. OE Federal Credit Union is an equal opportunity lender.