This page uses JavaScript. Your browser either does not support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser.

Chili's has acknowledged a breach of their payment systems. Learn more.

View Alert
Sandia Laboratory Federal Credit Union Sandia Laboratory Federal Credit Union Go to main content
Personal Routing #307083911|
Login
Personal Online Banking
Business Online Banking
Business Online BillPayer
Business Credit Card
Manage a Home Loan
Manage a Student or Consolidation Loan
Return to a Saved Application
Return to a Saved Mortgage Application

First Time Home Buyers

Apply Now

Get a Personalized Quote

GET EDUCATED.

  • Get answers to your questions, tips, and definitions of mortgage terms at our Mortgage FAQ.
  • Register at HomeAdvantage® to research the same database used by real estate agents.
  • Talk to a loan officer at SLFCU. They don’t work on commission; their goal is to help you find the loan that best meets your needs.
  • Use the closing costs and interest rate calculator to explore your options.

GET PRE-APPROVED.

Call 505.293.0500 or 800.947.5328 to talk to a loan officer.

  • A seller will take you more seriously.
  • You’ll know how much you qualify for, and get a clear idea of your price range. The loan advisor will look at your monthly payment obligations and income to determine your maximum monthly payment. You’ll need a down payment of at least 3% in most markets.

CONTACT A REAL ESTATE AGENT.

Using an agent from HomeAdvantage can save you thousands.


CONSIDER YOUR MORTGAGE OPTIONS.

SLFCU’s 5/5 adjustable rate first mortgage is a smart choice for many first time homebuyers. You'll save on closing costs and lock in rates and payments for five-year intervals. Most first time homebuyers move or refinance within five years, so locking in a long term with high closing costs may not be in your best interest. But if you're looking for the long-term stability of a fixed rate loan, SLFCU has options with low rates and terms that fit your needs.

Other benefits of an SLFCU home loan:

  • Low down payments
  • No private mortgage insurance
  • SLFCU retains servicing throughout the life of the loan – when you have a question, just call us!
  • Interest rate adjustments are based on the one-month average yield of the 10-Year U.S. Treasury Note, which is generally a slow-moving index

SLFCU also offers second mortgages and construction loans. 


FOLLOW THE EXPERTS' LEADS.

Your loan officer and real estate agent will see you through the negotiations, inspections, and paperwork that lead up to the day you get the keys to your new home. Feel free to call us at SLFCU anytime you have questions.


Go to main navigation

5/5 Mortgage

Adjustable rate mortgage. Rate adjusts every 5 years.
 

VIEW ALL RATES

5/5 Mortgage
3.750% (1st 5 Years) / 4.040% APR