First Mortgage | BayPort Credit Union

We promote responsible borrowing by offering mortgage options that feature flexible terms, competitive rates, low closing costs, and no prepayment penalties.

Grab the Best Rate
You’ll be able to pay off your home mortgage in no time with BayPort’s unique Retire My Mortgage options featuring our lowest available rates.

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No Rate Increases
Our Safe Shop Rate Lock program protects you from rate increases while you shop for your new home.

A contract must be presented within 60 days of receiving your prequalification. Rates may vary due to credit score, loan amount, loan to value, and loan type. VA and FHA loans do not qualify.

New Mortgage Product

Hello BayPort Home PLUS!

We’re happy to introduce a new 100% no PMI loan for first-time homebuyers or those who haven’t owned a home in the last three (3) years. Now you can really make home happen.

No down payment
No PMI/Private Mortgage Insurance
30-year fixed rates
No income limits
Minimum one (1) year on the job

Apply now ▸

New Construction Products

Build with confidence!

Secure financing today while you start building your dream home with a Construction to Permanent loan at BayPort. Choose from fixed and adjustable rates with terms up to 30 years. Best of all, you only close once.

One-time Closing
Interest-Only payments during construction
Fixed rates up to 95%L LTV*
Adjustable rates up to 85% LTV
Class A builder is required

Apply now ▸

*Loans with a Loan to Value (LTV) in excess of 80% will be required to have Private Mortgage Insurance (PMI) coverage.

Find a mortgage that feels good.

Whether you’re a first-time homebuyer or searching for your forever home, we have a home loan option that’s just the right for you.

Fixed Rate

Flexible terms up to 30 years
Rate remains the same for the entire term of loan
VA loans available

Adjustable Rate

All ARMs are 3-year adjustable and may increase/decrease no more than 1% every three years
Rates may increase/decrease max of 5% over the life of the loan
Up to 95% loan-to-value available
Terms available up to 30 years

New Construction

A permanent loan closed once; no need to close again when your home is completed
Pay only the interest during construction phase
Fixed and adjustable rates available
Class A Builder required

Land Loans

Fixed rate
ARM
Balloon loan options

Get qualified for assistance
Are you a law enforcement officer, educator, firefighter, or first responder? You may be eligible for $7,500 in purchase assistance. Contact our Mortgage Center ▸