Yes, you can absolutely get a mortgage at a credit union just as you would at a bank. In fact, credit unions originated more than 1,000,000 U.S. mortgages in 2025. Home loan programs vary by credit union, but you can usually find several mortgages to choose from, including fixed and adjustable rate loans, government-backed mortgages (such as FHA and VA loans), and conventional loans.
Find out more about getting a mortgage at a credit union, including details on advantages and the application process.
Why choose a credit union for your mortgage?
One of the biggest benefits of choosing a credit union for your home loan is competitive interest rates. Unlike traditional banks, credit unions are member-owned non-profits. That means we give our profits back to our members in the form of lower loan rates and fees.
Plus, credit unions are locally operated, so you get more personalized service with loan officers who understand the local real estate market. It's great if you prefer a hands-on approach with an easy way to contact someone when you need help. At Openland, we balance that service with conventional digital tools as well, including an online application.
Do you have to be a member to get a mortgage?
Most credit unions require borrowers to become members before taking out a mortgage. Usually you just need to meet eligibility requirements based on geography. Openland members must live, work, worship, or attend school within one of 21 Texas counties. It then takes just a few minutes to complete the membership process.
What types of mortgage loans do credit unions offer?
Mortgage program availability varies at each credit union. Common types of home loans include:
● Fixed rate mortgages
● Adjustable rate mortgages
● Conventional mortgages
● FHA loans
● VA loans
● Jumbo loans
● Reverse mortgages
● Construction loans
● Purchase renovation home loans
● Second home and vacation home loans
● Rental and investment property loans
Credit unions also typically offer refinancing and home equity financing.
How do you apply for a mortgage at a credit union?
Before starting your mortgage application at a credit union, consider getting pre-qualified. This helps you get a verbal understanding of your approved loan amount. Submitting a pre-qualification letter with an offer letter on a home improves your chance of getting accepted.
After that, start by submitting an online application form. Openland's application takes just 15 minutes to complete. Then you'll work with a mortgage loan officer to finalize your financial documentation and move through underwriting before closing on the loan.
Is a credit union mortgage right for you?
A credit union can be a smart option to find competitive rates while still receiving personalized guidance. Whether you're buying your first home, downsizing, or looking at investment properties, the right mortgage terms and overall experience can help set the tone for this next chapter of your life.
Explore your mortgage options with Openland Credit Union.
