800-234-1234

First Time Home Buyers
Start at Redstone.

First Time Home Buyers
Start at Redstone.

Your First Choice for Your First Home

Buying your first home is one of life’s most important milestones, but the process can seem intimidating. Let Redstone help guide you through the home loan process. We’ll help make the home buying process as simple as possible and match you with the mortgage that’s right for you. Plus, being a first time home buyer has its perks. Ask us about no down payment and no private mortgage insurance options available to qualified buyers.

Get Pre-Approved

Tools and Resources

FirstTimeHomebuyerPage_PersonalizedQuoteIcon

Calculate your monthly payments and explore your loan options.

FirstTimeHomebuyerPage_MortgageOptionsIcon

Multiple lending products to find the right mortgage for you.

FirstTimeHomebuyerPage_InterestRatesIcon

View current mortgage rates for fixed-rate and adjustable rate mortgages.

Why Choose Redstone?

Competitive rates and closing costs

When you choose Redstone, you get great rates, flexible terms, and low closing costs.

Team of experts

Our Mortgage Team has years of experience and knows the real estate industry inside and out.
Meet the Mortgage Team

Local servicing***

From monthly payments to escrow and insurance, Redstone services nearly every mortgage we make.

$2.5 Billion

Mortgagaes Funded Since 2012

17,000

Homes Financed with Redstone Since 2012

45+ Years

Providing Mortgage Solutions

See What Our Members Are Saying

What an easy application process! Staff was available to answer questions throughout the entire process.
Redstone made the application process easy, especially for someone who has never applied for a home loan.
Redstone's application process is probably the easiest and most intuitive application I have ever completed online.
Ready to Apply for a Home Loan? It's Easy!


I am a Redstone Member

*Offer valid from April 5, 2022 - June 30, 2022. Excludes Fixed-Rate Home Equity Loans. Loans subject to credit approval. Membership eligibility, other fees and restrictions apply. Rates, terms, and conditions are subject to change without notice. Contact Credit Union for details. Must create separate username and password to gain access to the mortgage application process. Typical payment example: A 30-year mortgage for $200,000 with a 4.654% APR and fixed monthly payment of $1,028.28 with an 80% LTV. Payment example does not include amounts for taxes and insurance premiums, and the actual payment obligation will be greater.

**The $898 savings is a lender credit toward RFCU’s origination fee of $899. The mortgage loan application must be submitted by June 30, 2022 and the loan must close by September 30, 2022. Member will receive the lender credit on the closing disclosure as a specific lender credit.

***Local loan servicing may not be available on VA loans. RFCU is not affiliated with any government agencies, including Veteran’s Administration (VA). The VA and RFCU are separate entities. RFCU is a VA-approved lender. Applicants will need to provide a Certificate of Eligibility (COE). The COE verifies to the lender that you are eligible for a VA-backed loan. See https://www.va.gov/housing-assistance/home-loans/how-to-request-coe/ for details. VA funding fee applies.

Mortgages are only available for properties located in Alabama and Tennessee.

Loans subject to credit approval. Must be eligible for membership and open a share savings account to obtain a mortgage loan product. A $5 minimum balance is required to open a share savings account and must be maintained in the share savings account at all times. Annual Percentage Rates (APRs) are determined by an evaluation of applicant credit before or at consummation. Your APR may be different. Variable rates are subject to change after consummation of the loan. Fixed APRs are fixed for the life of the loan. Other restrictions may apply. Rates, terms, and conditions are subject to change without notice. RFCU is an Equal Opportunity Lender. Contact Credit Union for details. Various types of mortgage loan programs and terms are available. Must have an online banking user name and PIN/password to access the online application for Home Equity Lines of Credit. Must create a separate user name and password to gain access to the mortgage application process.

The interest on the portion of the credit extension that is greater than the fair market value of the house is not tax deductible for federal income tax purposes. Redstone Federal Credit Union does not provide tax advice. Please consult a tax adviser for further information regarding the deductibility of interest and charges.