- Mortgage experts knowledgeable on the local market and homebuying process
- Access to Freddie Mac’s HomeOneSM program for qualified first-time homebuyers1
- Education resources, tools, calculators, and more so you can make informed decisions
Buying a Home is a Smart Investment
Even with today’s interest rates, a home can be a smart investment in the long run. Here’s why:
Home Values Rise Over Time
Home prices have increased steadily since the 1940s. If you plan to stay in your home longer than a few years, your dream home can also be a sound investment.
Home Related Tax Benefits
The home mortgage interest deduction enables you to subtract your mortgage interest payments from your federal taxes on the first $750,000 of your mortgage loan when you opt to itemize your deductions.
Future Opportunities to Refinance
Mortgage interest rates are subject to change over time. If rates decrease, you may have the option to refinance your mortgage, leading to a reduced interest rate and lower monthly payments.
Signal’s Content Corner
Our hub for articles, videos, and more about the homebuying process.
Mortgage Calculators
Not sure which mortgage is right for you? Our mortgage calculator powered by BalancePro can help.
HomeOne Program
The HomeOne program through Signal aims to serve qualified first-time homebuyers regardless of income level or geographic location.
- Down payment as low as 3% towards home purchase – get into your home for less and save some of your hard-earned cash
- No geographic or income limits so you can shop in the neighborhood you prefer
- Flexibility to purchase the single-unit home of your choice, such as a single-family residence, townhome, or condo
- Fixed-rate, fixed-payment mortgage – offers monthly payment predictability for easier budgeting
- Mortgage insurance can be removed once 20% equity in the home is reached
Requirements
- At least one borrower must be a first-time homebuyer2
- Borrowers must occupy the home purchased as their primary residence
- Borrowers must complete an online homeownership education course
Save For Your Down Payment Faster with Signal Smart™ Savings
Our high yield savings account is the smart choice for your home fund. At a dividend rate of 1.26% APY3, you’ll earn more without having to do more, so you can spend more time at open houses.
Let’s Connect
Complete the form below and a member of the Signal team will reach out to discuss how we can help you transition from renter to homeowner.
Bank easier, bank faster, and bank better with Signal Financial Federal Credit Union.
Routing Number:
255075495
Main Line
301-933-9100
VISA® Credit Card: General Assistance
For Consumer/Business Cards:
800-328-3018
For Visa Signature Cards:
800-328-3033
VISA® Debit Card: Lost/Stolen
866-498-2213
Automated Phone System
800-447-8997
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