IMCU Welcome Home100

A specialty mortgage designed to help qualified first‑time homebuyers purchase a home with 

no down payment and no private mortgage insurance1.

 
1For qualified first‑time homebuyers who meet program requirements. Other costs, such as closing costs, may apply. All loans are subject to credit approval, program guidelines, and underwriting requirements. Terms and conditions apply.
Why members choose Welcome Home100
  • Fixed‑rate or adjustable‑rate options
  • No down payment required; borrowers may still be responsible for closing costs and prepaid items unless otherwise covered.
  • No private mortgage insurance required
  • No specific income caps or geographic limitations, subject to standard underwriting and program guidelines.
  • Loan amounts up to $500,000


Built for first-time homebuyers
  • Educational resources and support from our mortgage team
  • Streamlined underwriting
  • Principal and interest payments remain fixed; total monthly payment may vary based on taxes, insurance, or escrow changes.
 
 
 
 
 
 
 
 
 


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 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. 

 
All loans are subject to credit approval, program guidelines, and underwriting requirements. Terms and conditions apply.