As a reminder, SELCO will never call, email, or text asking for sensitive information, such as your PIN, full SSN, debit/credit card numbers, or CVV code. Click here to learn how to stay a step ahead of scammers this holiday season.

Home Loans

Young couple inside a house after purchasing first home

One-stop shop for mortgages

Whether you're hitting the housing market for the first time, hunting for your forever home, or anything in between, we’re here to help. 

  • Wide array of conventional and government programs, including FHA, VA, and USDA mortgages. 
  • Low rates and a range of terms. 
  • Knowledgeable team of loan officers with an average of 20 years' experience helping members find their way home.
Happy couple holding keys to first home

House hunting? Take your rate along.

Our Lock & Shop program lets you lock in a discounted mortgage rate for up to 90 days while you find your perfect home.

  • Discounted rates
  • Up to a 90-day rate lock

Quick Mortgage Calculator

The principal payment on a home loan is just scratching the surface. Interest, taxes, and insurance are also factored into monthly payments. To see what your mortgage payment might look like, crunch some numbers with our handy quick calculator. 

Need more calculators?

  • Discover how much home you can afford. 
  • Determine what it would cost to refinance. 
  • Better to rent or buy? 
 We do all our banking with SELCO. For our mortgage loan, our Mortgage Loan Officer, Kari Rodman, was fabulous—especially since we were in Baja when we applied. I highly recommend her to others. 
— Betsy S., SELCO member for 40+ years

Glossary of mortgage terms

Let us help you make sense of all the home-buying jargon you’ll encounter.

Current Mortgage Rates

Product Type Rate APR
15 Year Fixed (Conforming) Rate5.625 % APR5.969 %
30 Year Fixed Conventional Rate6.250 % APR6.464 %
30 Year FHA Rate5.750 % APR6.861 %
30 Year VA Rate5.625 % APR5.926 %
30 Year USDA Rural Home Purchase Rate5.750 % APR6.125 %
30 Year Conventional Manufactured Home Rate6.500 % APR6.668 %
30 Year FHA Manufactured Home Rate6.125 % APR7.244 %
30 Year VA Manufactured Home Rate6.125 % APR6.437 %

Lowest annual percentage rates shown. APR is based on individual credit qualifications and may be higher.

15-year home loan payment example: On a loan for $275,000 at 4.332% APR for 180 months (15 years), borrower would make 180 payments of $2,080.

30-year home loan payment example: On a loan for $275,000 at 5.099% APR for 360 months (30 years), borrower would make 360 payments of $1,493.


New Homeowners Lying In The Grass

The 3 Signs You're Ready to Buy Your First Home

Have you been thinking about buying your first house? Buying a home can be a financially beneficial long-term decision. Here are 3 signs you're ready.

An illustrated house filled with question marks on sticky notes.

Demystifying Mortgage Terms, Part II

Learn how to differentiate between common mortgage terms like PMI, escrow, conventional vs. FHA loans, and more.

People wearing Christmas socks place their feet near a chimney.

Buying a Home During Winter

Winter may not be the prime season for buying a home. But there are some surprising benefits of finding your dream home in the coldest months.

A couple and their realtor standing in an empty house.

First-Time Home Buyer? Get to Know Homeowners Insurance

Once you buy your new home, it's time to get to know the ins and outs of homeowners insurance to protect your investment.

Live Chat