Jeanne D'Arc Credit Union

No time to visit a JDCU Office? No problem. A member of our Mobile Mortgage Originator team will come to your home or office at your convenience.

HOME LOANS

Mortgage Loans

Whether you're a first time buyer, trading up or refinancing, we can customize a home loan to fit your specific needs. Our low interest rates and low closing costs set us apart from the competition.

See also: Home Equity Products

Lending Community
To apply for a loan, you must qualify for Membership.
In addition to making real estate loans within our field of membership, real estate mortgage loans may be made on property anywhere in Massachusetts or located within a 100 mile radius of the Credit Union’s Lowell Office.

Loan Options

Fixed Rate Mortgages
Adjustable Rate Mortgages (ARM)
Jumbo Mortgages
Construction Loans (owner occupied)
Second Home
Investment Property
Land Loans
Home Equity Lines & Loans (owner occupied homes only)

Mortgage Programs

First Time Home Buyer
Mass Housing
Lender Paid Mortgage Insurance
Pre-Approval
No Closing Cost

Eligible Mortgage Property Types

Primary Residence	Second Home	Investment Property	Construction Loans	Land Loans
Single Family	Single Family	Single Family	Single Family	Unimproved land that must be approved as a buildable lot with provisions for water and sewer.
2-4 Family	-	2-4 Family	2-4 Family
Condominium	Condominium	-	-

Application Fees

Item	Fee
Flood Zone Certificate:	$ 15
Credit Report:	$ 20
FNMA Desktop Underwriter Fee:	$ 30
Single Family Home Appraisal:	$ 300
2-4 Family Home Appraisal:	$ 500
Investment Application:	$ 150

TOOLS

Mortgage Prequalification

Loan Center Hours & Locations

Mortgage Calculators

Application Checklist*

Original Purchase and Sales Agreement signed by all parties
Copies of pay stubs for the most recent 30-day period
Copies of W-2s for the previous two years
Two months complete bank statements for checking, savings, retirement accounts and mutual funds.
For self-employed borrowers: A signed year to date Profit and Loss statement along with signed copies of the last two years federal income tax returns (personal & business)
If refinancing, you will also need:
- Copy of Real Estate Tax Bill
- Copy of Homeowner's Insurance Policy
- Copy of Recorded Deed
- Copy of current first mortgage statement

*Additional documentation may be required due to the nature of your financial background.

Rate Lock Policy
The Interest Rate on mortgage requests via the internet will be held for five (5) calendar days from the date the request acknowledgement is issued from the credit union to the applicant.

To secure the rate lock, the credit report fee and processing fee must be received at the credit union within 5 calendar days of the application. If the fees are not received within the specified time period, the rate will not be locked.