IMCU Welcome Home100
A specialty mortgage designed to help qualified first‑time homebuyers purchase a home with no down payment and no private mortgage insurance.1
A mortgage built for first-time homebuyers.
Get the guidance you need to feel confident buying your first home with educational resources and support from our experienced mortgage team. Enjoy a faster, more efficient process with streamlined underwriting designed to keep your loan moving forward.
- Fixed‑rate or adjustable‑rate options.
- No down payment required.
- No private mortgage insurance required.
- No specific income caps or geographic limitations.
- Loan amounts up to $500,000.
- No origination fee.2
Eligibility Basics
- Minimum 700 FICO score.
- Debt‑to‑income ratio up to 45%.
- Homeownership education course required.
- Full interior and exterior appraisal.
- Escrow for taxes and insurance required.
- Additional eligibility and underwriting requirements may apply.
Interested party contributions up to 3% may be allowed. This program can also be paired with eligible down payment assistance programs. Availability and eligibility for assistance programs vary and are not guaranteed.
1For qualified first‑time homebuyers who meet program requirements. Other costs, such as closing costs and prepaid items, may apply. All loans are subject to credit approval, program guidelines, and underwriting requirements. Terms and conditions apply.
2Offer subject to change or end at any time.