100% Financing Mortgage Loan

Complete Financing — No Down Payment!

Finance the entire purchase price of a home with no down payment required. Take advantage of 100% financing and other benefits that can make your dream home a reality.1

If you're a medical professional, click here to learn about our special financing program.

100% Conv. Fixed Rate - 30 year
100% Conv. Fixed Rate - 20 year
100% Conv. Fixed Rate - 15 year
100% Conv. Fixed Rate - 10 year

Benefits and features:

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Fixed Rates

Payment remains the same for the life of the loan.

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$0 Down Payment

More affordable homeownership.

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No Private Mortgage Insurance (PMI)

No monthly PMI lets you keep more money in your pocket.

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Seller Contribution Allowed

Seller may contribute up to 3% of the sales price toward closing costs.

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Flexible Term Options

Choose from terms of 30, 20, 15 and 10 years.

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Gifts Allowed

Use gifted funds from family or relatives toward your down payment or closing costs.

Let us walk you through the mortgage loan process

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1. Get prepared

Buying a home is a big commitment and you’ll want your finances to be in good condition before you start the process to ensure the best possible outcome. Gather your financial information, like recent tax returns, financial statements and pay stubs; your loan application will let you know what financial information is necessary. You should also review your credit score, take a look at your debt-to-income ratio (DTI) and take other important steps to position yourself for receiving the best possible loan terms. Click the button below to read our document on “Maintaining Your Financial Status and Credit Score” for tips to help guide you through the process.

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2. Decide what you can afford

Before you begin shopping for a home, take a look at your budget and current expenses to determine what you can afford. You’ll want to evaluate your monthly incoming and outgoing funds to see where a down payment, closing costs and your new mortgage payment might fit in.

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3. Get pre-approved

Once you know how much home you can afford, complete the application for a pre-approval letter. The pre-approval will let sellers know that you are a qualified buyer who is prepared to make a home purchase.


4. Find your home

Now’s the time to determine all the traits that make up your perfect home. Research areas and neighborhoods of interest. Also, connect with an RBFCU preferred real estate agent, who can help you search smarter.

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5. Complete paperwork

You’ll complete the application process you started with your pre-approval request by submitting your documents and continuing through the loan process. This may sound simple, but it can be a big undertaking, depending on your employment status, residency, etc.

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6. Finalize your loan

Our Mortgage Lending Team will help you through each step of the loan process and make sure you know everything you need to know to close your loan with confidence.

  • What property types are eligible for the 100% Financing mortgage loan?
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    Single-Family Residences (SFR) with a maximum of 10 acres, townhomes and warrantable condominiums are eligible property types for 100% financing.

  • What loan types and terms qualify for a 100% Financing mortgage loan?
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    A Conventional Fixed-Rate loan type with terms of 10, 15, 20, and 30 years qualify for 100% financing mortgage loan.

  • What is the maximum loan amount for a 100% Financing mortgage loan?
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    The maximum loan amount for the 100% Financing mortgage loan is $766,550.

  • Can I use a 100% Financing mortgage loan for the purchase of a second home or investment property?
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    No. A 100% Financing mortgage loan is for the purchase of a primary residence only.

  • Is premium pricing available for a 100% Financing mortgage loan?
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    Yes. Premium pricing is available with an adjustment in your interest rate. In exchange for the adjustment, you can receive a lender credit to apply to various costs associated with your loan. Unfortunately, we cannot return cash.

1Must be primary residence. Proof of eligibility may be required. Loans subject to credit approval. Rates, terms and programs subject to change without notice. 100% financing available for primary residence only. Restrictions may apply. RBFCU mortgage loans are available only on property in Texas. RBFCU NMLS# 583215. 100% financing loans are offered through RBFCU Mortgage (NMLS# 583215) and RB Mortgage LLC dba Domain Mortgage (NMLS#862516). RB Mortgage LLC dba Domain Mortgage is principally owned by RBFCU Services LLC. RBFCU Services LLC is affiliated with Randolph-Brooks Federal Credit Union.