We Get It. It’s Hard to Save. How does Zero-Down Sound?

You can afford the monthly house payment. It's coming up with 5%, 10% or 20% down that is the challenge for many of our members. That's why we designed the Zero Down Mortgage.

A Zero Down Mortgage lets you finance 100% of the purchase price of the home, up to $1,000,000 with:

  • No Money Down

  • No Private Mortgage Insurance (PMI)

We’re able to help you without the usual required down payment as we structure the financing of your new home into two loans:

  • 80% of the purchase price of the home into a first trust mortgage loan product.

  • The rest of the purchase price of the home (20%) into a second trust mortgage loan product.

Here are a few things to keep in mind.

  • You must have sufficient funds to pay the closing costs associated with purchasing a home and have three (3) months of mortgage payments in reserves.

  • Your credit score must be at least 680.

  • The property you are purchasing must be in Virginia, Maryland, or Washington, D.C.

  • We have fixed and adjustable rate options for both the first and second trust mortgage.

We offer the convenience of an online mortgage application. It takes about 10-15 minutes to complete.

Find Out What You Can Afford

Getting your financing lined up with a complete approval (not just a qualification) prior to making an offer on a property is a sound strategy. It can help you get the best deal possible especially if you plan to make a minimal down payment.

Don’t lose a significant amount of negotiating ability. Be perceived as a strong buyer. That’s why it’s very important to get full loan approval in advance and in writing to include when making an offer.

Next Steps

We have mortgage experts ready to help you get started! We will walk you through each step of the mortgage process and answer all your questions along the way. When you meet with us seeking an approval, we will look at your entire financial picture. Then we determine what product best fits your needs today and in the future.

The "Related Info" links will help you understand more about the home buying process, what documents you'll need, and how to calculate estimated payments.

Review this information before setting up your appointment with one of our Mortgage experts. We’ll answer your questions about the process. Then we’ll help you make a plan that’s unique to you.

  1. Apply online. As soon as you complete your application, we'll give you a call to review your information and get started.

  2. Call us at 703.526.0200 x465 or

  3. Email us at: mortgages@arlingtoncu.org

Haven’t chosen a Realtor yet?

We work with a lot of Realtors and will be happy to recommend one.

The Fine Print

*Loan and membership requirements apply. Federally insured by NCUA. Equal Housing Lender.

We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. NMLS# 477974

Email addresses are not a secure means of communication. Do not send personal information (account number, date of birth, social security number, inquiries about your account, or request changes to your account.) Visit our Contact Us page to learn how to send that information securely.