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We have a home loan for everyone–whether you're looking for your first home or forever home.

Key Features

  • Variety of Financing Programs
  • Competitive Rates
  • Refinancing Available
  • Personal Service

HOME LOAN OFFER* - We never charge an application, processing or underwriting fee, and if you apply April 1-May 31 we will take $500 off your loan closing costs. You won't find that offer anywhere else in town. Take a look at all our amazing home loan products in the tab below.

You can apply online, in person or by phone. Get in your new home before summer is here!

Thinking of doing upgrades on your current house?  Take a look at our limited-time offer on a Home Equity Line of Credit.

  • Competitively low variable and fixed rates
  • Wide range of terms available
  • Pre-approval available
  • No pre-payment penalty
  • Refinance for a potentially better rate
  • Streamlined, on-time closings
  • Local servicing for the life of the loan
  • Affordable monthly payments
  • Local decisions made in the St. Louis area
  • Prompt responses and personal service

Remember that your annual real estate taxes are paid directly by First Community using the funds in your escrow account. For questions contact Loan Servicing. 

Ready to Apply?

Get more information and apply online at our Home Mortgage Center.

Get a free annual credit report

See the Home Mortgage Disclosure Act (HMDA).

See MLO list here. For more information about the registry, please visit the NMLS website.

Calculate Your Payments

First-Time Home Buyer1

This mortgage is designed to meet the needs of the first-time home buyer. It has minimal out-of-pocket costs (prepaid items). It has no origination fees, no closing costs, no private mortgage insurance (PMI), no down payment requirements and no prepayment penalties. It has a competitive rate and is available as a 30-year fixed rate or a 5/5 ARM. To qualify as a first-time home buyer, the applicant cannot have owned a home or had an ownership interest in a primary residence for the past three years.

If you have had joint ownership in a home in the last three years, you can apply as an individual applicant and qualify for the first time home loan.

We've put together a First-Time Home Buyers Guide. It will help walk you through the home-buying process so you know what to expect and can be prepared. 

Adjustable-Rate Mortgages (ARMs)

First Community offers 1, 3, 5 & 7-year ARM mortgages that provide a lower initial monthly payment and slowly adjust over time. The rate cannot adjust more than 2% at each adjustment and no more than 6% over the life of the loan. Jumbo loan amounts are available and only 10% down is required to avoid Private Mortgage Insurance (PMI). 

Fixed-Rate Mortgages

The fixed-rate mortgage provides the security of a fixed interest rate for the entire life of the loan. First Community offers 10, 15, 20 and 30-year fixed mortgages. We recommend this loan if you plan to stay in your home more than 10 years and want the security of mortgage payments that will not change.

Vacation Home Loans

Thinking about a home away from home? Buying your own vacation home allows you to get away as often as you like! Missouri and Illinois offer limitless potential for a home right on the lake or something nestled off the beaten path. We can help make it a reality with a home loan. With a variety of loan products available, low fees and competitive rates there will never be a better time!

Land Loans

First Community will finance the acquisition of land or refinance a land loan whether you intend to build a home or just invest. All vacant land loans are amortized over 15 years and 2, 3 or 5-year balloon land loans are available. 

Jumbo Loans

If you need to borrow at least $548,250 it is considered a “jumbo mortgage.” We have adjustable and fixed rates for our jumbo mortgages. Not everyone offers jumbo mortgages and our rates are always competitive.

Mortgage products subject to change without notice. 

$1 share deposit required. Must quality for membership. Loan subject to credit approval. Rates, terms and conditions subject to change without notice. Escrow account required. Home owners insurance, real estate taxes and interim interested must be pre-paid at closing. First Community Credit Union NMLS ID # 684198. Federally insured by NCUA. Equal Housing Lender. Home loans currently available for properties in Missouri or Illinois only. Check back over the coming years as additional states become available.

1 First-time homebuyers are defined as those persons who have not owned a home or had an ownership interest in a primary residence for the past three years.

*$1 share deposit required. Must qualify for membership. Federally Insured by NCUA. Must apply between March 1, 2021 and April 30, 2021 to qualify for either offer. Loan subject to credit approval. Rates, terms and conditions subject to change without notice. Offer does not include refinances on First Community loans. Missouri and Illinois residents only. First Community Credit Union NMLS ID # 684198. Equal Housing Lender. Offer of $500 off closing costs requires an Escrow account. Private Mortgage Insurance (PMI) may be required. Not valid with any other offer or First Time Home Buyer program. 

The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), requires credit union mortgage loan originators (MLO) and their employing institutions to register with the Nationwide Mortgage Licensing System and Registry (NMLS). Once registered, each MLO is provided a unique identifier from the NMLS. This list contains the MLO's employed by First Community Credit Union (NMLS ID # 684198).