First Mortgages

Whether you are a first time home buyer or experienced in the world of mortgages, Blue Flame Credit Union provides home financing solutions for members seeking to purchase a home.

Let Blue Flame Help You Achieve the American Dream

Owning a home is still the American Dream. A place to call your own or raise a family. For most people, it's one of the important investments—and largest financial transaction—of their lives. Blue Flame Credit Union has partnered with the Credit Union Mortgage Resource Center to offer you a variety of mortgage products and accurate information so you can choose the right loan for your personal financial situation.

Planning to Buy?

Learn as much as you can about Buying a House

Traditional Fixed Rate Mortgages

With a fixed rate mortgage, the interest rate and your monthly payment of principal and interest stays the same for the lifetime of the loan.

Adjustable Rate Mortgages

An adjustable rate mortgage (or ARM) usually starts with an initial interest rate lower than traditional fixed rate loans. After an initial payment period, the interest rate is subject to periodic review and can move up or down based on a specified index, resulting in a change in your monthly payment.

Balloon Mortgage Loans

A "balloon" mortgage has regular payments of principal and interest that do not fully pay off the loan before its due date. At the end of the loan term, a large "balloon" payment is due. This payment balance can be paid in full, or refinanced at a new rate.

Cash-Back Options

Cash-back loans are another option for some members who need immediate access to cash.

Ready to learn more about which loan is best for you?

Visit the Credit Union Mortgage Resource Center to get started.