SUMA FCU Loan Promotions landing page

First-time Home Buyer?

Another unique proposal offers our SUMA FCU members who are first-time home buyers the rare chance to purchase a new home with just a 10% down payment without any additional PMI coverage.

Also ask us about other government grants available to first-time home buyers.

let's pre-qualify now

For more information on one of the above programs or any other financial questions you may have, we stand ready to support you with the best rates and personalized care that you have come to expect from the SUMA FCU.

Call or Text us at (914) 220-4900, email us, or use the page chatbot to speak with us.

Not a member of SUMA Federal Credit Union yet? APPLY HERE

* PMI coverage costs depend on your loan balance, the size of your down payment and mortgage type, the loan term, and your credit score. Once reaching the 78% equity threshold on your home loan, the PMI cost will automatically be eliminated from your monthly payments. PMI is an added expense but worth considering. Rather than continuing to spend money on rent you may possibly be missing out on market appreciation as you wait and save up for a larger down payment. We are happy to explain all your available options and show you which could best serve you.