Home Mortgage Loans

Houses are a lot more than just brick and mortar; they're a place to build memories for years to come. A customized mortgage loan from Destinations can jumpstart the memory-making process. We offer competitively low rates and repayment terms that accommodate your unique situation.

We also offer our members several educational and home-buying resources. That way, you're confident and well-equipped when it comes to one of life's biggest purchases. Move into the neighborhood with the help of a credit union that's just around the corner.

Summary
  • Competitively low rates for home purchase, refinance, or construction
  • Available for primary residence, second homes, or vacation homes*
  • Accommodating repayment terms, customized to your unique situation:
  • 15 and 30-year fixed-rate repayment plans
  • 30-year variable-rate repayment plan (adjusted annually)
  • Adjustable rate mortgages (ARMs)
  • A wide range of financing programs available:
  • Conventional loans
  • Adjustable rate mortgages (ARMs)
  • Fixed rate mortgages
  • Set up payroll deduction for easy repayment
  • Quick and easy online prequalification available
  • Local Baltimore-area decision-making and processing
  • Helpful, dedicated service from start to finish

*Principal or secondary residence must be located within the state of Maryland.


Additional Coverage

TruStage Auto & Home Insurance Program

You trust your credit union to offer products and services to help you do more with what you have. That's why we've joined with a dedicated team of insurance professionals to bring you the TruStage Auto & Home Insurance Program.

Working with carefully selected insurance partners, these programs can provide discounted rates for credit union members, online services, and 24/7 claims service.

If you haven't compared auto or home insurance rates lately, it's a great time to take a look. Your credit union membership could result in some nice savings.

Get your free quote today or call 1-855-483-2149.

TruStage™ Auto and Home Insurance program is offered by TruStage Insurance Agency, LLC and issued by leading insurance companies. Discounts are not available in all states and discounts vary by state. The insurance offered is not a deposit and is not federally insured. This coverage is not sold or guaranteed by your credit union.

Home Buying Resources

Home Buying Guide

From A to Z, familiarize yourself with the home buying process with the help of Destinations Credit Union. Review our helpful Home Buying Guide for advice on signing the paperwork, determining if you're ready to buy, choosing a real estate agent, increasing your borrowing power, and much more.

Home Buying Tips

Planning to buy a home soon? Take advantage of Financial Security Consultants, Inc. Helpful tips and professional consultations can build confidence surrounding such a major purchase.

Mortgage Check-Up

Are you considering ways to improve your financial position? One good thing to look at is your existing mortgage loan, particularly since interest rates have dropped substantially in recent months.

It's a good idea to re-assess your mortgage financing every few years. In that time, a lot can happen in your life. You've built equity in your home. Your income may have increased — or decreased. You may have accumulated additional debt, or paid down debt you had when you first took out your mortgage. And of course, mortgage interest rates have changed. The loan that was the perfect fit originally may not be right for you today.

If your income has increased or you've paid down your debt, consider refinancing for a lower interest rate and shorter term. You'll reduce your interest costs and better position yourself to enjoy a comfortable retirement or pay for future college expenses. If your income is less now due to retirement, one spouse staying home with children, or other factors, you may be able to reduce your monthly mortgage payment with a lower interest rate. In either case, refinancing to pay off consumer debt may also be helpful in increasing your tax deduction and reducing your monthly debt burden.

It takes only a few minutes to determine if a change in mortgage financing is right for you. Our mortgage consultants can help you compare your current mortgage's interest rate and monthly payment with the low interest rates available in today's market to determine if refinancing would be beneficial based on your current financial situation and needs.

Take a minute or so to give yourself a mortgage check-up today by calling Financial Security Consultants, Inc., your credit union's mortgage partner, at (410) 823-3300 or 1-800-730-7599.

Real Estate Glossary

Have a good understanding of the mortgage process with a good understanding of the common terminology. Brush up on your real estate vocab with the help of common mortgage terms provided by Financial Security Consultants, Inc.