*New* Renovation Mortgage
We know searching for the perfect home can be stressful, but what if you could turn that fixer-upper house in the location you love into the dream home you've always wanted? Well, now you can make those home improvement shows a reality with our new Renovation Mortgage!
- Ideal for first-time home buyers or current home owners who want to make some major home improvements.
- The perfect option for those who want to begin work on their new house immediately after closing.
- Members can refinance an existing Honor mortgage to take advantage of the Renovation Mortgage.
- Non-members with a mortgage can refinance through Honor to take advantage of this great home loan option.
How it Works
- Start the mortgage application process online, or by contacting our Mortgage Team.
- Our team of mortgage experts will guide you through the entire process!
Start The Mortgage Process
Whether you're buying your first home, building your dream home, or purchasing investment property, Honor Credit Union provides a variety of lending options to meet your mortgage needs. Our lenders are members of the communities they serve and they know how to put their local market expertise to work for you. From pre-approval to close, our lenders will guide you through every stage of the mortgage and home buying journey.
- Compare Home Loans
- Learn About Home Equity Loans
- Check Mortgage Rates
- Meet Our Mortgage Team
- Apply Now
Frequently Asked Mortgage Questions
Getting pre-approved is easy! You can simply apply online. Click here to start!
You can also contact a local Honor lender to set up an appointment. One of the advantages of working with Honor Credit Union for your home loan is the comfort you will feel knowing you can contact your lender directly or stop by his or her office anytime you have questions. Another advantage is that our lenders live in the markets they serve, and all decisions are made locally.
Once your offer to purchase a home has been accepted and signed, you are ready to meet with your lender to turn your pre-approval into a loan application. Please download the document below for a checklist of items that must be provided to your lender in order for them to lock in your interest rate and process your application in a timely manner.
Yes! In fact, applying for a home mortgage loan is the FIRST thing you should do before you begin your search for the perfect home.
During this process, your lender will provide guidance on the best loan option to fit your situation along with an approved loan amount. Your lender will also give you a pre-approval letter, which signifies that you are a qualified buyer. You can share this letter with your realtor to include with your offer to purchase a home.
Not only will your pre-approval letter add more weight to any offers you submit, but it will also guide your home search.
Mortgage interest rates fluctuate based on a variety of factors, including inflation, the pace of economic growth, and Federal Reserve policy.
Over time, inflation has the largest influence on the level of interest rates. A modest rate of inflation will almost always lead to low interest rates, while concerns about rising inflation normally cause interest rates to increase. Our nation's central bank, the Federal Reserve, implements policies designed to keep inflation and interest rates relatively low and stable.
Honor Credit Union's mortgage lending team is here to take the stress out of the home-buying process. One benefit of working with our lenders is that they live in the markets they serve, and all decisions are made locally. If you have questions, they have answers. Contact one of our local lenders today. We want to hear your story!Go to main navigation