Home Loans
We have a home loan to fit your needs.
People's Community Credit Union serves the greater Vancouver WA area.
Your home is one of your biggest investments, so make sure you work with local people who listen to your needs.
Mortgage Loans
Home Equity Loans
Home Equity Line of Credit
Home Loans
Are you ready to purchase a home, but not quite sure where to start?
At People’s we get a lot of questions from members looking for financial guidance. We’ve compiled the most common questions about home loans and refinancing for your reference.
If you need help navigating these big decisions, click the button below to speak to our member services representatives.
Buying a New Home or Refinancing?
Navigating the home buying and refinancing processes can be tricky. We’re here to help! Your home is one of your biggest investments, so it’s important to fully understand all of your options. There are a lot of steps to buying a new home or refinancing your home, and you may be nervous about what feels like a daunting process. We’ve created a guide below to help clarify the whole process and outline all of the options that may be available to you at every step of your home buying journey. Whether you are buying a new home, refinancing your current mortgage, or planning home improvements, People’s has you covered. Browse our FAQs below to get answers to our most commonly asked questions!Buying a New Home
Do I need to be a People's Community FCU member to apply for a loan?
We require all loan applicants to become members prior to applying for a loan through us. As a community credit union based in southwest Washington, this allows us to better serve our customers on an individual basis and provide the attention you deserve. The good news is that it’s easy to join — if you live, work, or worship in Clark, Cowlitz, or Skamania counties, you’re eligible to join the credit union and gain all the benefits of membership.
Can a home loan cover closing costs?
Depending on the type of loan, you typically cannot roll closing costs into your mortgage. However, there are ways to reduce your up-front cost when purchasing a house, like reducing your downpayment.
What is the LTV Ratio?
Loan-to-Value Ratio, or LTV Ratio, measures the difference between the value of a home verses the amount of the loan. A lower downpayment typically results in a higher LTV ratio.
A Guide to Fixed-Rate Mortgages
A fixed-rate mortgage is a type of home loan where the interest rate stays the same for the entire life of the loan.
Pre-qualified vs Pre-approved
Getting pre-qualified is fairly simple. You’ll answer a few questions about your earning, assets, etc. But there is no commitment. The pre-approval process on the other hand is much more comprehensive. The lender will verify your income, pull your credit report, and more.
Should I Refinance My Home?
It may be a good idea to refinance your home if interest rates have dropped, if your property value has increased, or if your credit score has improved.
Tips for First-Time Home Buyers
The process of buying a home can feel overwhelming and confusing, especially if you haven’t done it before. That’s why we’ve put together our top tips for first-time home buyers to make the process go as smoothly as possible.
Current Homeowners
How can I avoid foreclosure?
If you are unable to afford your mortgage payments and wish to avoid foreclosure, there may be other options for you to explore.
- Refinance for Lower Payments
- Sell Your Home
- Loan Modification
- Assistance Programs
The Pacific Northwest's Trusted Credit Union Since 1952
Looking for a financial institution you can trust? With People’s you’ll find a wide variety of accounts for all your financial needs—whether you’re a savvy saver, a young family looking for a better auto loan rate, or opening your very first checking account.
Mortgage Calculators
Our financial experts have compiled tools to help you calculate everything you need related to buying and refinancing a home.
At People’s, All Members Get the Same Rate
People’s provides members with access to affordable credit through low-rate loans. What sets our credit union apart is that all members pay the same rate, no matter their credit score or amount in their account. We are here to help you with your financial needs.
Five Locations in Vancouver WA
Vancouver Waterfront
701 W Columbia Way
Vancouver, WA 98660
Hazel Dell
7403 NE Hazel Dell Ave
Vancouver, WA 98665
Battle Ground
121 NW 20th Ave
Battle Ground WA 98604
Fisher’s Landing
16211 SE 12th Street
Vancouver WA 98683
Ridgefield
109 S 65th Ave, Ste 102
Ridgefield, WA 98642
Home Loans in Vancouver WA
Serving Greater Vancouver WA