DCU - Members' Monthly

Mortgages at DCU:
Great Rates, Great Service

If you’ve been watching the housing market carefully and saving your money, now may be the right time to spring into homeownership.

Did you halt your plans to buy a home after reading several headlines about the subprime mortgage mess? You’re not alone. Many would-be homebuyers decided to take a step back to ensure they had a good handle on their finances before buying a home. Now mortgage mess headlines are behind us, consumer confidence is increasing, there are many affordable homes on the market, and rates are low. We can help you determine if now is an ideal time for you to become a homeowner.

DCU Is Here to Meet Your Needs
Rest assured that DCU did not contribute to the mortgage mess by offering exotic mortgage products that were not right for our membership. We’ve always strived to provide sound advice and sensible, affordable mortgage options for our members. And that is how DCU continues to operate.

A member service representative will be happy to help you explore the mortgage products available at DCU that are right for you:

Fixed/Adjustable Mortgages offer a low rate. The rate is fixed for the first 3, 5, 7, or 10 years, then it switches to a 1-year ARM for the rest of the term. Adjustable-Rate Mortgages (ARMs) offer the lowest starting rate. The rate can change up or down once each year based on a published index. An ARM may be a good option if you plan to live in the home less than five years.
Fixed-Rate Mortgages have one interest rate and payment amount for the life of the loan.
VA Loans help qualified U.S. veterans afford a home.
FHA Loans are insured by the Federal Housing Administration and can help first-time homebuyers afford a home.
Buy Worcester Now is a new private/public partnership that promotes homeownership in Worcester, MA.

Learn More!
DCU mortgage experts can help you understand the home loan process as well as the benefits of pre-approval for a DCU mortgage. Contact DCU’s Information Center at the numbers listed below, visit dcu.org, or stop by any branch to see if we can help you open the door to the home you’ve always wanted.

Members' Monthly Home

DCU Information Center
508.263.6700 or 800.328.8797

DCU Financial
800.328.8797, ext. 6077

DCU Insurance
800.328.8797, ext. 6978

DCU Realty
888.832.8929

Digital Federal Credit Union
PO Box 9130
Marlborough, MA 01752-9130
508.263.6700 • 800.328.8797 • dcu.org • dcu@dcu.org
TTY 800.395.5146 (For hearing impaired only)

Have you had a good experience with DCU that you want to share with others? Send us an email at dcu@dcu.org or mail it to:

DCU
Attn: Marketing Dept.
PO Box 9130
Marlborough, MA 01752-9130

For direct deposit: routing and transit
# ABA 211391825
Editor: James Paquette
To apply for a Home Equity Loan, Consumer Loan, or Mortgage anytime, call 508.263.6700 or 800.328.8797 (select 3) or visit dcu.org. For a complete listing of DCU's rates, visit our web site at dcu.org or stop by your nearest DCU branch.