Mortgages | BayPort Credit Union

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

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

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
No income limits
Minimum one (1) year on the job

Apply now

New Mortgage Product

More power for your purchase.

Purchase your next home with as little as 10% down and no Private Mortgage Insurance (PMI). Making your next move is more possible with BayPort.

10% down payment
No PMI
Fixed and adjustable rates
Primary residence purchases only
720 credit score and above

New Construction Product

Build with confidence!

Secure financing today while you start building your dream home with a Construction to Permanent loan at BayPort.

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

Apply now

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

BayPort Mortgage Holder Special

Membership has its rewards!

Don’t put looking for a new home on hold due to high rates. Because you already have a home loan with BayPort, we have a special offer for you based on your current BayPort home loan rate.

Add 1.5%* for new home purchase
Add 2.00%* for a cash-out refinance
Primary residence only
Limited time offer

*Your promotional fixed mortgage rate is individualized to you and based on your current BayPort Mortgage rate plus a 1.5% increase. Your promotional fixed Cash-Out Refinance rate is individualized to you and based on your current BayPort Mortgage rate plus a 2% increase. Rate increase reflects a .25% discount on rate when you have a BayPort Checking with Direct Deposit of at least the mortgage monthly payment amount. Primary residences only. Credit restrictions apply and subject to approval. Some restrictions may apply. The promotional product will replace your existing loan.