Home Loans

7 17 provides the key to homeownership

Communities grow stronger when people invest in homes with a commitment to building healthy neighborhoods. 7 17 supports Members' homeownership dreams by providing access to various mortgages designed for different budgets and lifestyles. And they're ideal for refinancing, too, to help you save money each month.

Our Mortgage Loan Consultants are here to help you choose the right home loan to fit your needs as well as guide you step-by-step through the mortgage loan process. If you have questions about buying a home, reach out to our Mortgage Loan Consultants.

7 17 can help you start the process of purchasing your new home by pre-approving you for a mortgage. Once you have been pre-approved up to a certain amount you will receive a pre-approval letter that can be given to a realtor to help lock in the purchase of your new home!
 

Adjustable-Rate Mortgages

  • Lower initial home loan interest rates and up to 90% financing*
  • Interest rates rise no more than a set amount during the life of the home loan

Fixed-Rate Mortgages

  • The most popular mortgage on the market
  • Fixed rate for the entire term lets you budget with certainty

Federal Housing Administration (FHA) Home Loans

  • Provides government-backed mortgage insurance
  • Available to purchase a single-family home or refinance an existing home mortgage loan
  • Competitive rates, smaller down payment options, and greater flexibility when calculating household income and payment ratios than traditional home loans
  • Learn more about FHA Loans

Veterans Administration (VA) Guaranteed Home Loans

  • Allows qualifying military veterans and active duty personnel to purchase a home or retain their home
  • Offers low or no down payment, based on the value of the property being purchased, to finance the VA funding fee, and to avoid mortgage insurance premiums
  • No prepayment penalty
  • VA Loans can also be assumed by a purchaser when the home is sold
  • See if you are eligible for a VA Loan, request verification of your eligibility, or get answers to some of your questions through the Department of Veterans Affairs

First-Time Homebuyer Program

  • Choose conventional financing, FHA, or VA financing
  • Down payment assistance available in certain areas
  • Available for the purchase of owner-occupied residence
  • Construction Loan
  • Get the money you need to build the house of your dreams
  • Up to 95% financing available**


Home Loan Refinancing

  • Can help you save money or pay off debt faster
  • Choose from fixed- and variable-rate programs
  • Get up to 97% financing***


*To qualify for 90% financing, all current underwriting guidelines must be met for the final mortgage approval. For specific information about your mortgage needs, including rates, terms, fees and more, please contact a 7 17 Mortgage Loan Consultant or visit our Mortgage Loan Center.

**To qualify for 95% financing, all current underwriting guidelines must be met for the final mortgage approval. For specific information about your mortgage needs, including rates, terms, fees and more, please contact a 7 17 Mortgage Loan Consultant or visit our Mortgage Loan Center.

***To qualify for 97% financing, all current underwriting guidelines must be met for final mortgage approval. For specific information about your individual mortgage needs, including rates, terms, fees and more, please contact a 7 17 Mortgage Loan Consultant or visit our Mortgage Loan Center.

Check out our Mortgage Loan Center to research all of your options:

Talk to our Mortgage Loan Consultants today.

In the market for a new home or thinking of selling yours? Look up the home’s value from the records of the county where the home is located.

Looking for a county not listed? Try searching this website: http://caao.org/auditors-directory/

Some 7 17 mortgage loans have been sold to PHH. If your 7 17 home loan is now serviced by PHH, you can find information about your loan by visiting their website or calling 800-449-8767.
For information about your other 7 17 home loans, please call 7 17 Credit Union.

7 17 Credit Union provides banking services to the greater Warren, Kent, Ravenna, Canton, and Youngstown, OH, areas. Apply for your Home Loan online and sign your papers quickly with Electronic Signature, or contact us with any questions about your best option.