Don’t Let a Down Payment Stand in Your Way

At Wellby, we know you want the right mortgage to help you achieve your dream of owning your own home.

We believe everyone should be able to enjoy homeownership. We understand buying a home can be overwhelming though, especially if you’re a first-time homebuyer.

To help you secure the right financing to make your homeownership dreams a reality, Wellby offers up to 105% mortgage financing1 to include your down payment and a portion of closing costs, for borrowers with qualifying credit. Our 105% mortgage financing can be the perfect solution to help you purchase your dream home.

Here's how Wellby can help:

  1. Complete a mortgage application to determine pre-approval.
  2. A Wellby mortgage specialist will contact you to discuss your information and options.
  3. We'll be there to guide you through the process of becoming a new homeowner.

Don't let a down payment and closing costs keep you from home ownership. Instead, feel confident that you have a trusted partner guiding you every step of the way, working with you to find the best solution for your financial goals.

Our 105% financing mortgage is available with the following features:

  1. No Private Mortgage Insurance1
  2. No Down Payment2
  3. No Origination Fee
  4. No Rate Lock Fee

Fixed Rate Mortgage

Adjustable Rate Mortgage (ARM)

Jumbo Mortgage

LOAN TYPE

Fixed Rate Mortgage

TermInterest RateAnnual Percentage Rate (APR)

30-Year Fixed Rate

as low as 6.875%

as low as 7.223%

20-Year Fixed Rate

as low as 6.875%

as low as 7.329%

15-Year Fixed Rate

as low as 6.500%

as low as 7.059%

10-Year Fixed Rate

as low as 6.500%

as low as 7.287%

105% Financing

as low as 7.500%*

as low as 7.912%*

*APR = Annual Percentage Rate. The rate provided is the interest based on a loan amount of $150,000, owner-occupied, single-family 1-unit dwelling, 105% LTV, and a FICO score of 740+. A fixed-rate loan of $157,500 for 30 years at 7.500% interest rate and 7.912% APR for will have an estimated monthly payment of $1101. This payment example does not include annual taxes or annual insurance. Qualifying rates may depend on your credit rating, combined loan-to-value, amount financed, and other factors. Your actual rate may be higher than those shown based on information relating to these factors as determined after applying. Your final APR may vary based upon customary fees and closing costs, which are treatable as interest when calculating your final APR. Rates and terms are subject to change without prior notice; other restrictions may apply.


1By accepting the 105% financing with no PMI, the rate will be up to 1.00% higher than if decided not to accept this promotion. Eligibility includes a credit score of 680 or greater for non-Jumbo Loans, 720 or greater for Jumbo Loans, a debt-to-income ratio not to exceed 43% and a loan-to-value ratio not to exceed 105%. Other credit and income qualifications will apply. Only purchases and refinances of a primary residence are eligible for this promotion. Loan amount will not exceed the Fair Market Value of the property. This offer is subject to change without notice. Wellby has the right to cancel or change this promotion at any time.


2Down payment may be required based on sale price or appraisal. This offer is subject to change without notice. Wellby has the right to cancel or change this promotion at any time.


This offer is subject to change without notice. Wellby has the right to cancel or change this promotion at any time.


Please speak with a Wellby mortgage specialist for more details.


JSC Federal Credit Union does business as Wellby Financial ("Wellby Financial" or "Wellby"). By doing business with Wellby Financial, you acknowledge that you are doing business with JSC Federal Credit Union. This offer is subject to membership eligibility. You are eligible if you live, work, worship, attend school, or do business in the Greater Houston Metro or Galveston area. You can also join Wellby if you are an employee or member of one of the 2,000+ companies, organizations, churches, homeowners’ associations, or areas of community service in our field of membership or are an American Consumer Council member. You may also be eligible to join if you are an immediate family member or live in the same household as a current Wellby member.