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Illustration of a briefcase at the front door of a home.
Illustration of a briefcase at the front door of a home.
Illustration of a briefcase at the front door of a home.

Get prequalified*

Or call us at (844) 347-3898.

View rates and terms

Ready to buy a house?

You can't live at the office. But with a first-time home loan from STCU, you could buy a place to go home to.

Buying your first place is a big deal. STCU makes it easy for first-time homebuyers. We open doors for those hoping to buy their first home — and those who haven't owned a home in three years — with great rates, a loan-fee discount, and help at every step of the way.

Why choose STCU?

Local.

Whether you settle in Sandpoint or Spokane, Rathdrum or Richland, we make decisions locally and service all conventional loans ourselves.

Experience.

Our Home Loan team has more than 340 years combined experience, so you get the best experts at home financing working for you.

Savings.

Because we believe homeownership is critical to getting ahead financially, we cut our loan origination fee by 50% on every first-time homebuyer loan.

Apply to get prequalified.*

Take the first step toward homeownership by applying to get prequalified for your loan. You'll need a few things to get started — tax returns for the last two years (or transcripts if you were most recently in college), recent paystubs, and a statement of assets (bank account balances, vehicles and valuables you may own, and so on).

Apply to get prequalified*

We'll be with you the whole way.

While buying a house may seem daunting, STCU will be with you through the entire process. Here's a snapshot of the steps homebuyers typically take to get their first home:

Illustration of a computer monitor and a checkmark

Step 1: Get prequalified.*

It's easy to apply to get prequalified at STCU.* If accepted, this will show how much "house" you can afford and signals to sellers that your offer is serious. Start your application online or call our Home Loan team at (844) 347-3898.

Illustration of two people talking

Step 2: Make and accept an offer.

We recommend you hire a licensed Realtor® or other expert to help you determine the value of the property, structure a good offer, and negotiate your purchase.

Illustration of a house and a magnifying glass

Step 3: Home inspection.

A home inspection helps protect you from unseen issues before you buy the home, such as water damage, faulty HVAC or wiring, a leaking roof, and pests.

Illustration of documents and a dollar sign

Step 4: Appraisal and underwriting.

An independent appraisal verifies the value of the property. Meanwhile, STCU verifies your contract details, orders title insurance on the home, and handles regulations and other paperwork.

Illustration of documents being signed

Step 5: Closing.

This is the day you sign legal papers to close the deal. 

Illustration of a hand truck carrying boxes

Step 6: Move in!

Congratulations! You are now a homeowner. Tell the boss you have to go home now.

First-time home loan options.

STCU offers a full range of home loans to fit your needs, and our Home Loan team will work with you to choose the best option that fits your budget. Here are some popular loan options first-time homebuyers prefer:

Zero down* STCU's $0 down home loan is great for creditworthy borrowers who lack the cash for a down payment. Also available as a VA or USDA government-backed loan.
3% or 3.5% down* Our 3% down home loan — and a similar 3.5% down FHA government-backed loan — are great for homebuyers willing to accept higher monthly payments in exchange for a modest down payment.
5% down* A good choice for homebuyers who prefer conventional financing, but can only afford a 5% down payment.
10% down,
no mortgage insurance*
Great for creditworthy borrowers who can afford a modest down payment and want to avoid mortgage insurance.
Conventional and ARM* Conventional fixed- and adjustable-rate loans with a variety of terms, including STCU's traditional 30-year fixed home loan. View rates and terms

View all options for purchasing a home or for buying land and building your own home.

Resources

Calculator

Estimate your fixed monthly payment with our home loan calculator.

Find your payment

Workshops

STCU offers free financial education workshops, including our popular Homebuying 101 workshop, to give you confidence in your financial decisions.

View all workshops

My Life, My Money blog

In addition, our blog includes valuable articles about how to "Shop for a neighborhood," "Buy in a seller's market," and other money topics.

Read the blog

Home loans radio

Buying a home should be more than just a mortgage and moving day. It should be a celebration! So, we made some fun radio spots about the adventure.

Turn on speakers

Get in touch.

Contact our Home Loan team.
Idaho | Spokane | Tri-Cities.

Visit in person.
Drop by any Home Loan Center.

Call us.
(509) 344-2966 WA
(208) 619-5235 ID
(509) 598-7712 Tri-Cities

Email us.
homeloans@stcu.org


disclosures

*Prequalification and all home loans are subject to approval. No deposit is necessary to apply for prequalification for an STCU home loan until after you have selected a property.  A $250 application deposit is required on all home loans three business days after you have identified a home to buy and been issued a loan estimate from STCU. The first $100 of your deposit is nonrefundable, but 100% of your deposit is applied to any loan charges due when you close on your STCU home loan.


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