VA loans assist service members and veterans in becoming homeowners through a program established by the United States Department of Veterans Affairs.
Hughes Federal Credit Union has a mortgage loan program designed to process your loan quickly and efficiently.
We know that when you’re ready to make a big commitment like buying a new home or refinancing your current home, you want great service—and the best rate possible. We provide just that.
Let Hughes handle the home buying process, while you enjoy the search for your family’s new home!
*Annual Percentage Rate (APR) and loan terms can affect your monthly payment. All loans include 1% origination and are based on an 80% loan-to value (LTV) of purchase price. Use a Hughes Financial Calculator to calculate payment amounts for fixed rate loans. All rate scenarios are based on the purchase of a single-family, primary residence, a credit score of 740 with escrow account for taxes and home owner’s insurance:
A purchase price of $200,000 with 0% down payment for a loan term of 30 years at 3.250% interest rate, APR of 3.411%, will have a payment of **$870.41.
**estimated payment does not include taxes, home owner’s insurance and VA funding fee which will result in a higher monthly payment.
VA Eligibility required and certain restrictions may apply, depending on pervious usage of VA benefits. Property financed must be in Arizona. Rate based on creditworthiness and subject to change. The disclosed rates are based upon your credit score and other loan qualifications. VA funding fee may be required. Contact a Hughes Federal Credit Union mortgage representative for additional information.
You may join Hughes Federal Credit Union if you:
Applying for a mortgage can seem like an overwhelming task, but the professionals at Hughes are experienced and available to make the process as stress-free as possible. Watch our video on mortgage application or read our step-by-step guide:
Most realtors require a pre-qualification form from your lender to begin showing properties, but the benefit to you is personal guidance from our mortgage professionals on selecting your best price range, based on the financial information you provide. This step can be completed online or over the phone with one of our mortgage professionals, and does not include credit verification.
Follow these tips for the best results:
Run your own preliminary calculations using our special tools or call 520-794-8341 to schedule your free pre-qualification meeting today.
You’ll need the following information and documents to complete your mortgage application. Please plan to bring these items, for everyone who will be named on the mortgage, to your appointment with a mortgage representative:
You’ve been pre-qualified and now you’ve found the home you want to buy – make it official. Applying for a loan can be done in person or online here.
Once the income to debit ratio has been verified, Hughes Federal Credit Union will issue approval on your loan request and evaluate the property you are interested in purchasing.
The paperwork has been completed and you are ready to move forward with closing on your new home!