SchoolsFirst Federal Credit Union · Credit union
SchoolsFirst Federal Credit Union
Review published mortgage options and requirements, then request a personalized quote from the lender.
Availability: Lending area: State of California.
At a glance
- Property use
- Primary residence
Still to confirm: Borrower type, Credit requirement, Reserves.
Our take: Pros & Cons
What we like
- Eligible borrowers may put as little as 3% down.
- Eligible family gift funds may help with the down payment and closing costs.
What to consider
- Lending area is California.
- HomeAccess permits a maximum down payment of 9.99%; gift donor restrictions apply.
- Review current rate-table assumptions and obtain a Loan Estimate.
AI-generated lender-level assessment based on published information. Not a verified assessment of SchoolsFirst FCU HomeAccess®; confirm program-specific conditions below.
Newcomer requirements
SchoolsFirst FCU HomeAccess®
Fit not assessed · Check fit
Verified published requirements for this program. Rate-example assumptions are separate and do not establish eligibility or approval.
- Minimum down payment
- 3%
- State restrictions
- Lending area: State of California.
- Property restrictions
- Eligible properties are primary residence single-family homes and condominiums; manufactured homes are not eligible.
- Occupancy
- Primary residence
View full lender requirements
- Minimum down payment
- 3%
- State restrictions
- Lending area: State of California.
- Property restrictions
- Eligible properties are primary residence single-family homes and condominiums; manufactured homes are not eligible.
- Occupancy
- Primary residence
- Other conditions
- PMI required for down payment less than 20%.
Questions to confirm with the lender (12)
These requirements have not been verified for this program:
- SSN
- ITIN
- U.S. credit history
- Foreign credit history
- No credit history
- Residency / visa
- Minimum credit score
- Income documentation
- Employment documentation
- Foreign income
- Foreign assets
- Reserves
Requirements last reviewed: Oct 27, 2026 · Official requirements source
Rates and costs
SchoolsFirst FCU HomeAccess®
Rates are available on request
No reviewed advertised rate example is linked to this program.
How to apply
SchoolsFirst FCU HomeAccess®
Document requirements are not confirmed. Ask the lender for its program-specific checklist.
- Confirm the program's identity, residency, credit and property requirements with the lender.
- Use the official application channel to request pricing for your actual scenario.
- Review the lender's written Loan Estimate, including costs and cash to close.
Published eligibility and availability do not guarantee approval. Confirm membership, relationship, property and occupancy conditions with the lender.
Sources and methodology
About this lender
SchoolsFirst FCU HomeAccess offers a 30-year fixed mortgage with down payments as low as 3%, reduced mortgage insurance and eligible family gift funds. Lending is limited to California; credit approval and program conditions apply.
Legal lender: SchoolsFirst Federal Credit Union
Lending channel: Direct lending
Provider type: Credit union
Lending channels: Direct lending. Origination status: Not stated.
NMLS identifier: 405503
Published service states: CA
More lender directory information
Direct application information ↗
Lending area: State of California.
Directory verified: 2026-10-27 UTC · Official directory source ↗
Official mortgage terms · Profile reviewed: Oct 27, 2026
- Official lender source · Last checked Oct 27, 2026
What do APR, points, LTV and reserves mean?
- APR
- An annualized borrowing-cost measure that includes interest and certain loan charges. Read it alongside the interest rate and fees.
- Discount points
- An upfront charge expressed as a percentage of the loan amount. Compare the quoted interest rate and the points together.
- LTV
- Loan-to-value: the loan amount relative to the property's value.
- Reserves
- Assets the lender may require you to retain after closing. Requirements differ by program.