Zero down landing page

Zero Down Mortgage

Zero Down Mortgage Program*

Skip the down payment

Zero Down Mortgage

Get into your new home sooner

Ideal Credit Union's Zero Down Mortgage Program puts you in your new home sooner. Take that extra cash for a down payment and spend it on other expenses such as new appliances, decor, and more.

The upside of zero down

  • Fixed and adjustable rate options
  • Up to 25 year terms*
  • Loan amounts up to $647,200

What you need to know

  • Available for single family and townhomes
  • Not available for refinances
  • Minimum eligible credit score is 700

Ready to get started?

Apply Online
Make an Appointment
Call 651-747-4663

*Zero Down Mortgage Program: available for qualified applicants with minimum 700 credit score. Some restrictions may apply. Available for purchase transactions and owner-occupied residence up to max loan amount of $647,200. Payment example: On a $200,000 mortgage loan at 5.181% APR for a 15-year term, monthly payments would be $1,600.51. This payment example does not include taxes and insurance and the payment will be higher than the disclosed payment. Subject to mortgage insurance approval. Not eligible for condos or multi-family properties.