Conventional Mortgage

There are lots of steps involved in buying a new home. At DATCU, we've been around the block thousands of times before. We can explain the advantages of our fixed-rates loans and guide you through every step of the application process.

A strong financial foundation for your North Texas home

Choose fixed-rate mortgages of 10, 15, 20 or 30 years

Rates will never rise over life of loan

Stable monthly payments make long-term planning easier

You can come to us first

Still hunting for your dream home? DATCU offers an easy loan pre-approval process so you know how much home you can afford as you move forward with your search.

DATCU's conventional loans come with exceptional service

We have a team of local professional loan officers you can trust and who know the North Texas market. Whether you're buying a place that's spacious or cozy, newly constructed or with decades of character, they can answer all your questions and help you choose a home loan that fits your finances.

Flexible down payment options
Loans available for both primary and secondary homes
Predictable monthly payments over life of the loan
Set up convenient automatic payments through Online or Mobile Banking
Refinancing options available

Important Factors to Consider

A shorter-term loan often offers a lower interest rate, but a higher monthly payment.
A shorter-term loan enables you to pay off your loan faster and pay less interest over the long term.
A longer-term loan – 30 years for example – will likely have a higher interest rate but lower monthly payment. That might be helpful for those buying their first home or borrowers with a tighter monthly budget.
If you plan to stay in your home for a longer period, a fixed-rate conventional loan can be a good choice.
If the market changes and interest rates decrease, or if your financial situation changes, you can refinance your home.

First-Time Homebuyers

If you are purchasing a home for the first time or have limited knowledge on home loans, we encourage you to check our free Homebuyers Guide.

EducateU

We also offer excellent financial tools to educate yourself on financial matters. Check out Educate U.

Getting Started

Now that you are ready to make that move, you'll want to follow these steps:

Step 1

Evaluate all of your loan options

Step 2

Contact one of our professional loan officers with any questions you may have before completing application

Step 3

Get pre-qualified or pre-approved if you are still searching for the perfect home

Step 4

Apply for your DATCU home loan

Step 5

Close on your loan

Step 6

Begin enjoying your new dream home

Frequently asked questions

Can I refinance a loan from another lender?

Yes. DATCU regularly helps members refinance auto loans, personal loans, and mortgages from other lenders, often at a lower rate. Contact us or apply online to see if refinancing makes sense for your situation.

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Your financial sidekick

Homebuying & Building Equity

Comparing Mortgages Calculator

Should I Refinance My Home Calculator

The staff at DATCU has always been kind and helpful to me in every interaction over the past 24–30 years I have been a member. I appreciate them so much. Thank you!

Beverly M.