Mortgages

Whether you’re buying your first home, refinancing your current mortgage, or planning your next move, Kohler Credit Union offers flexible mortgage solutions designed around your needs. Explore fixed and adjustable-rate mortgages, first-time homebuyer programs, and other lending options backed by trusted local guidance and fast, easy approvals.

I need Kohler Credit Union's help to...

Buy a Home
Refinance My Home
Access My Equity
Build a Home

7/11 ADJUSTABLE-RATE MORTGAGE

rates AS Low As

APR4 AS LOW AS

5.840%

6.295%

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Home Loans Designed Around You

Fixed-Rate Mortgage

A fixed-rate mortgage offers long-term stability with consistent payments and a dependable rate that stays the same throughout the life of your loan.

Adjustable-Rate Mortgage (ARM)

Start with a fixed interest rate and lower initial payments before your rate adjusts over time based on market conditions, offering added flexibility for future plans and changing financial goals.

Jumbo Loan

Designed for higher-value home purchases, Jumbo Loans provide financing above the limits set by the Federal Housing Finance Agency (FHFA). Both fixed and adjustable-rate options are available to help fit your homeownership goals and financing needs.

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Buying Your First Home Starts Here

Buying your first home can feel overwhelming, but you don’t have to navigate the process alone. Kohler Credit Union offers flexible financing options, low down payment solutions, and trusted local guidance to help you feel more prepared every step of the way.

Explore helpful answers, guidance, and resources designed to support you through every step of the homebuying process.

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NO DOWN PAYMENT

30-YEAR FIXED MORTGAGE

Enjoy long-term stability with predictable monthly payments and no down payment7 required for qualified borrowers.
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AS LOW AS 3%

5/18 & 10/19 ADJUSTABLE RATE MORTGAGES

Start with lower initial payments and down payment options as low as 3%, giving you added flexibility as you begin your homeownership journey.

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Meet the Mortgage Team
Home Buying Glossary

Refinance Your Mortgage

Whether you're looking to lower your rate, reduce monthly payments, pay off your loan sooner, or access your home’s equity, refinancing can help support your financial goals.

Mortgage Refinance Calculator

Construction Loans

Turn your homebuilding plans into reality with construction financing designed to support your project from planning and groundbreaking through move-in day.

  • Flexible financing structure with up to 12 months of interest only payments during construction
  • Flexible term options and extension possibilities for complex builds
  • Local underwriting and approval

Mortgage Loan Rates

TermRate3APR4Points5PMT2
Promotion 10/1 ARM66.090%6.443%0.00%$6.05
Promotion 7/1 ARM65.840%6.295%0.00%$5.89
10/1 ARM16.625%6.979%0.00%$6.40
7/1 ARM16.125%6.580%0.00%$6.08
5/1 ARM15.750%6.364%0.00%$5.84
3/1 ARM15.625%6.332%0.00%$5.76
30 Year Fixed6.500%6.610%0.00%$6.36
20 Year Fixed6.125%6.268%0.00%$7.24
15 Year Fixed6.000%6.179%0.00%$8.45
Ready to Apply for a Home Loan?

Take the next step toward buying, refinancing, or building with flexible mortgage options, competitive rates, and guidance from a local team you can trust.

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Application Checklists
Meet the Mortgage Team
TruStage logo

Home Insurance Products are issued by leading insurance companies. The insurance offered is not a deposit, and is not federally insured, sold, or guaranteed by any financial institution. Product and features may vary and not be available in all states. ©TruStage

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TruStage™ Home Insurance Program

Made available to credit union members like you, the TruStage™ Home Insurance Program provides top-quality protection designed to fit your budget. You could enjoy discounted rates combined with online convenience and 24/7 claims service.

Get a Free Online Quote

Or Call: 1.855.589.2146

Explore Our Mortgage Calculators

Mortgage Affordability Calculator
Mortgage Refinance Calculator
Early Mortgage Payoff Calculator
Rent vs. Own

Support for Every Financial Goal

Home Equity Loan vs. Line of Credit 

What Is a HELOC 

Benefits of Refinancing Your Auto Loan

Mortgage

Frequently Asked Questions

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A mortgage loan is financing used to purchase or refinance a home, with the property serving as collateral for the loan. Kohler Credit Union offers fixed-rate and adjustable-rate mortgage options, along with personalized guidance to help you choose a home loan that fits your needs.

A home loan lets you borrow money to buy a home and repay it over time through monthly payments. These payments often include principal, interest, taxes, and insurance. Kohler Credit Union offers competitive mortgage rates and flexible terms to help fit your budget and long-term financial goals.

Kohler Credit Union offers several types of home loans, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), first-time homebuyer programs, and jumbo loans. These mortgage options can support different needs, whether you are buying your first home, upgrading to a new home, or refinancing.

A fixed-rate mortgage keeps the same interest rate for the life of the loan, giving you predictable monthly payments. An adjustable-rate mortgage, or ARM, usually starts with a lower introductory rate that can change over time based on market conditions, which may increase or decrease your payment.

Qualifying for a mortgage typically depends on your credit score, income, debt-to-income ratio, down payment, and the property value. Kohler Credit Union mortgage experts can review your financial situation, explain your home loan options, and help you choose a mortgage that fits your needs and goals.

The credit score needed to buy a home depends on the mortgage type, lender requirements, and your overall financial profile. Higher credit scores may help you qualify for better rates, but Kohler Credit Union works with members to review flexible home loan options that fit their financial situation.

How much house you can afford depends on your income, monthly debts, down payment, interest rate, and estimated mortgage payment. Getting pre-approved through Kohler Credit Union can help you understand your budget, strengthen your offer, and feel more confident while house hunting.

Down payment requirements vary by mortgage type, but some Kohler Credit Union home loan options may allow qualified borrowers to put down as little as 3%. Certain first-time homebuyer programs may also offer no down payment options, making homeownership more accessible.

Closing costs are fees paid when finalizing a mortgage, such as appraisal, title, and processing fees. At Kohler Credit Union, closing costs typically range from $1,500 to $2,500, though the final amount can vary based on your loan type, property, and financial situation.

The mortgage approval process can vary, but many home loans take several weeks depending on the loan type, appraisal, underwriting, and required documentation. Kohler Credit Union works with borrowers to keep the mortgage process smooth, efficient, and clearly communicated from application to closing.

You may qualify as a first-time homebuyer if you have not owned a home in the past three years. Depending on the program, Kohler Credit Union may also require a homebuyer education course and that the property will be used as your primary residence.

Kohler Credit Union offers first-time homebuyer programs with flexible mortgage options, including fixed-rate and adjustable-rate loans. Depending on the program, qualified buyers may have access to low or no down payment options to help make homeownership more attainable.

Yes. Qualified buyers may be able to purchase a home with little or no down payment through certain Kohler Credit Union mortgage programs. Depending on the loan type, options may include no down payment on eligible fixed-rate loans or as little as 3% down on adjustable-rate mortgages.

First-time buyers may qualify for grants, assistance programs, low down payment options, or educational resources depending on available programs and eligibility requirements. Kohler Credit Union can help you review first-time homebuyer options and determine which programs may fit your financial situation.

Private mortgage insurance, or PMI, helps protect the lender if a borrower puts less than 20% down on a home. PMI is often required on lower down payment mortgage loans and may be removed once you reach a certain level of home equity.

Before applying for a mortgage, review your credit, gather financial documents, and determine your homebuying budget. Getting pre-approved through Kohler Credit Union is a key first step because it helps you understand what you can afford and makes your home search more efficient.

You can get pre-approved for a home loan by submitting a mortgage application online or meeting with a Kohler Credit Union mortgage expert. You will typically need documents such as pay stubs, tax returns, and account statements to help verify your financial situation.

First-time homebuyers should avoid common mistakes like skipping mortgage pre-approval, underestimating closing costs, changing jobs, or taking on new debt during the home loan process. Kohler Credit Union can provide guidance to help you prepare, understand your options, and avoid costly surprises.

A jumbo loan is a mortgage that exceeds conforming loan limits set by federal guidelines. Jumbo home loans are often used for higher-value properties or larger loan amounts and may have different down payment, credit, and qualification requirements than standard mortgage loans.

The main difference between a jumbo loan and a conventional loan is the loan amount. Jumbo loans exceed conforming loan limits, while many conventional loans fall within those limits. Because jumbo loans involve larger amounts, they may have stricter credit, income, and down payment requirements.

Jumbo mortgage requirements often include strong credit, stable income, sufficient reserves, and a larger down payment because jumbo loans exceed conforming loan limits. Kohler Credit Union offers fixed-rate and adjustable-rate jumbo loan options and can help you determine which mortgage fits your financial situation.

In many cases, jumbo loans may require larger down payments than conventional loans because they exceed conforming loan limits and involve higher loan amounts. The exact down payment requirement can vary based on the loan program, borrower qualifications, credit profile, and overall financial situation.

Jumbo loan interest rates can be higher than conventional loan rates, but they vary based on market conditions, loan amount, down payment, and your financial profile. Kohler Credit Union offers competitive jumbo mortgage options and can help you review rates based on your specific situation.

You may need a jumbo loan if the mortgage amount you need exceeds conforming loan limits set by federal guidelines. This often happens when purchasing a higher-value home, and Kohler Credit Union can help you review loan options based on the property price and your financial situation.

Choosing a credit union for a home loan can give you access to competitive mortgage rates, personalized guidance, and member-focused service. Kohler Credit Union works with borrowers to review home loan options, understand costs, and choose a mortgage that fits their financial goals.

Getting a mortgage through Kohler Credit Union gives you access to competitive rates, flexible home loan options, and local mortgage experts who guide you through the process. Members also receive personalized support to help choose a mortgage that fits their budget and financial goals.

1Published rate may be adjusted based on credit score and down payment. ARMs require 5% minimum down payment. Rate adjustment could occur after the initial term (1, 3, 5, 7, or 10 years) and annually thereafter based on the UST1YW as published in the Wallstreet Journal; loan rate is calculated by adding a margin of 2.75%. Rate will not increase more than 2% in any given year and not more than 6% total over the loan term on 1, 3, or 5 year ARM. Rate will not increase more than 5% in any given year and not more than 5% total over the loan term on 7 or 10 year ARM. No conversion option. Published rate may be adjusted based on other factors, including but not limited to, when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, and loan to value. Non-refundable application deposit of $599 is collected after the intent to proceed is signed. Available on single family, detached homes, owner-occupied upon completion. Additional restrictions may apply. Rates and terms are subject to change at any time and without notice. 2To calculate estimated monthly payment, multiply the payment amount shown by the mortgage amount in thousands. For example, 30-year 6.375% loan for $100,000 would be: 100 X $6.24= $624 per month. All rates and terms are subject to change without notice. Actual payments will be higher with taxes, insurance, and private mortgage insurance if required. 3Rates are based on Purchase money transactions, refinance terms are also available as not all programs are shown. For more information, please contact a Kohler Credit Union Mortgage Originator. Actual payments will be higher with taxes, insurance, and private mortgage insurance if required. Rates and terms are subject to change at any time and without notice; additional restrictions may apply. Published rate may be adjusted based on other factors, including but not limited to, when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, and loan to value. Non-refundable application deposit of $599 is collected after the intent to proceed is signed. Private Mortgage Insurance (PMI) required for loans with less than 20% down. 4Annual percentage rate (APR) refers to the yearly interest generated by a sum that’s charged to borrowers or paid to investors. APR is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan or income earned on an investment. This includes any fees or additional costs associated with the transaction but does not take compounding into account. The APR provides consumers with a bottom-line number they can compare among lenders, credit cards, or investment products. 5A mortgage point equals 1 percent of your total loan amount — for example, on a $100,000 loan, one point would be $1,000. Mortgage points are essentially a form of prepaid interest you can choose to pay up front in exchange for a lower interest rate and monthly payments (a practice known as “buying down” your interest rate). Typically, you would buy points to lower your interest rate on a fixed rate mortgage. Buying points for an ARM only provides a discount on the initial fixed period of the loan and isn’t generally done. Because you’re paying more up front, the reduced interest rate will only save you money over the long term. The longer you plan to own your new home, the better the chance that you’ll reach the “break-even” point where the interest you’ve saved compensates for your initial cash outlay. If you have a shorter-term plan, have limited cash, or would benefit more from a bigger down payment, paying points may not benefit you. A Kohler Credit Union Mortgage Loan Originator can help you decide whether paying points is an option for you. 6Requires $40,000 minimum new money to Kohler Credit Union. 7 30 Year Fixed Mortgage loan subject to credit approval and completion of educational requirement. No down payment option is valid for 30 year fixed mortgage only. Annual percentage rate (APR) will vary based on loan amount and applicable fees. Private Mortgage Insurance (PMI) required for any mortgage with less than 20% down. If you are current on your loan payments, PMI will automatically terminate on the date the principal balance of your loan is first scheduled to reach 78% of the original value of the property based solely on the amortization schedule then in effect for your loan. Some restrictions and exclusions apply. Cannot be combined with any other specials. Membership required.   8 5/1 Year Adjustable Rate Mortgage (ARM) loan subject to credit approval and completion of educational requirement. Rate is variable and can increase one time in year 6 of the loan and has a 5% interest rate adjustment cap. The new rate will be based on the current index at that time (One Year Treasury Constant, plus a margin of 2.750%). Your interest rate under this ARM can change after 60 months and every 12 months thereafter. Your interest rate cannot increase or decrease more than 2.000 percentage points at first adjustment and 2.000 percentage points per subsequent adjustment from the initial interest rate excluding any buydown. Your interest rate will never be greater than 6.000 percentage points above the initial interest or lower than 2.500 percent. ARMs require a minimum of 3% down payment with Private Mortgage Insurance (PMI). PMI is not required with 20% or more down. If you are current on your loan payments, PMI will automatically terminate on the date the principal balance of your loan is first scheduled to reach 78% of the original value of the property based solely on the amortization schedule then in effect for your loan. Some restrictions and exclusions apply. Membership required.   9 10/1 Year Adjustable Rate Mortgage (ARM) loan subject to credit approval and completion of educational requirement. Rate is variable and can increase one time in year 11 of the loan and has a 5% interest rate adjustment cap. The new rate will be based on the current index at that time (One Year Treasury Constant, plus a margin of 2.750%). Your interest rate under this ARM can change after 60 months and every 12 months thereafter. Your interest rate cannot increase or decrease more than 2.000 percentage points at first adjustment and 2.000 percentage points per subsequent adjustment from the initial interest rate excluding any buydown. Your interest rate will never be greater than 6.000 percentage points above the initial interest or lower than 2.500 percent. ARMs require a minimum of 3% down payment with Private Mortgage Insurance (PMI), PMI is not required with 20% or more down. If you are current on your loan payments, PMI will automatically terminate on the date the principal balance of your loan is first scheduled to reach 78% of the original value of the property based solely on the amortization schedule then in effect for your loan. Some restrictions and exclusions apply. Membership required.