Open & Apply

First Time Homebuyer

There are advantages to being a first time homebuyer!

Apply now View rates
Fixed Rate Mortgages Adjustable Rate Mortgages First Time Homebuyer Jumbo Mortgages FHA, USDA & VA Loans Land & Construction

Dreaming of owning your own home?

As a first-time homebuyer, you get access to a lot of great programs that can help make your dream a reality. You get access to grants, tax credits, state programs federally backed loans and have a lower down payment. Even if you're not a first-time homebuyer, you may still be able to take advantage of these programs:

 
First-time Homebuyer program
  • As low as 3% down-payment required
  • No or minimum mortgage insurance required
  • Minimum FICO score of 620
  • Fixed and adjustable rates available
 
NEW - Welcome Home program
  • As low as 1% down-payment required
  • No points
  • No mortgage insurance required
  • Minimum FICO score of 720
  • Fixed rates up to 30 years available 
  • Single family residence and condos only - no multi-family
  • 120% of area median income limits
Financial Education
Financial Education Center to help you with every financial situation.
Learn More: Financial Education

Meet Our Lending Team

Our experienced mortgage lenders are happy to explain all of our loan options and guide you through the application process.

Jeff VanderVorste

Senior Mortgage Originator
Office: 401.637.4446
NMLS ID: #16862
Email: [email protected] (Please note email is not secure)

Kevin Owren

Senior Mortgage Originator
Office: 401.637.4415
NMLS ID: #768404
Email: [email protected] (Please note email is not secure)

Have questions? Contact us or visit our Mortgage Frequently Asked Questions.
Need to be pre-approved?  Just fill out the form below and we get you on your way to owning your home! 
 

Mortgage Pre-Approval

  • First Name is a required field.
  • Last Name is a required field.
  • City is a required field.
  • State is a required field.
  • ZIP Code is a required field.
  • Please enter a valid ZIP code.
  • Phone Number is a required field.
  • Please enter a valid phone number.
  • Email is a required field.
  • Please enter a valid email address.
  • reCAPTCHA is a required field.
WCCU NMLS ID: # 518892.

For a list of WCCU employees currently licensed with a NMLS#, visit the NMLS Consumer Access website or feel free to contact us.

Westerly Community Credit Union is a full-service credit union with Rhode Island branches in Westerly, Richmond, Wakefield, and Coventry.

We joined right after WCCU opened. Needed a loan to pay off some bills. Everyone is so helpful and always has a smile for you. Always made me feel like part of the family. For me...the WCCU is the only place to bank! Thank you so much for such great service over the many years!
Gerry M. of Westerly
We joined the WCCU many years ago because we really got tired of the big banks with their big fees and lack of community. We stayed because they treated us like we mattered. They valued their members by offering great rates on mortgages and HEQ loans. When my husband became ill, they worked with us until we could get back on our feet. Only small hometown banks offer this type of service.
Deanna C. of Westerly
WCCU helped my wife and I pay off our mortgage. We have been mortgage-free for over a year now and have gained financial freedom.
David I. of Charlestown

Helpful Resources

Free Credit Report Review

We can help you reach your financial goals. Start with a Free Credit Report Review at WCCU.