STCU is a full-service financial institution you can trust with something as important as your home. Our decision makers are local, and we service all of our conventional home loans in-house.
Waiting to see if mortgage rates change in your favor? Enroll in Rate Watch to get an e-mail when our rates reach your targeted goal. Or, if you prefer, we'll send you a regular list of our latest rates. It's free. Sign up today!
Need immediate preapproval on your home loan? Visit Apply right now for preapproval online. Print out your preapproval page to submit with your offer.
A $500 application deposit is required on all home loans three business days after you have identified a home to buy and been issued a good faith estimate. (No deposit necessary to get pre-qualified and pre-approved for an STCU loan until you have selected a property.) From the deposit, $100 is nonrefundable; the deposit will be applied to your loan charges due at closing.
Worried about rates changing?
Once you've selected your home, we can lock in the best rate available to you.
We accept bi-weekly payments set up automatically from a STCU account at the time of closing. A $100 fee will be assessed for this payment option if requested after loan closing.
Government-backed loan options
Not everyone qualifies for a government-backed, or guaranteed, mortgage, but when you do, it can make it easier to buy a home with monthly payments that meet your budget.
FHA loans — A mortgage backed by the Federal Housing Administration can help keep your down payment low, reducing your closing costs, and allow you to qualify for a loan when conventional financing won't. Great for first-time homebuyers!
VA loans — 100% financing available! Eligible veterans may qualify to purchase a new home with no down payment.
With an STCU one-step construction loan, there's no second closing or additional financing when it’s time to move into your new home. It's the same loan from construction to occupancy, so you save time, hassle, and money on closing costs when the final nail is driven. Choose a 15- or 30-year fixed loan, and lock in a competitive rate today!
Contact us first
Contact us first to determine how much home you can afford. We’ll answer your questions and guide you through the steps it takes to purchase your home.
Apply online or by calling (509) 326-1954 in Washington; (208) 619-4000 in Idaho; or toll free at (800) 858-3750 during regular business hours.
Or visit our Home Loan Department on the second floor of the Main Branch, 106 W. Nora Ave., Spokane, or stop by any of our convenient branch locations for a home loan application. Real estate loan officers also are available at the Liberty Lake and Post Falls branch locations.