BECU Loan Options

 Mortgage Type:
20 Year Fixed
 Advantages:
  • Flexible down payment options, including as low as 3% for first-time buyers. 
  • Reduces the mortgage term by one-third.
  • Save significant amount of money in interest payments.
  •  Best Choice If:
  • You want to own your home more quickly.
  • You want to retire debt free.
  • You'll be retiring in less than 25 years.
  • You want to stay in your home once you retire.
  •  Disadvantages:
  • Your monthly payment will be significantly higher than with a 30-year mortgage.
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