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Whether your dream home is tiny or spacious, Red Rocks Credit Union can help put it within your reach with an affordable mortgage. We offer competitive rates, friendly local service, and step-by-step assistance from mortgage loan experts. Now is the perfect time to buy a home or refinance the mortgage you already have.


Plus, we’ll keep your loan here instead of selling it off to another financial institution. From your first payment to your last, we’ll be here to help!

  • Fixed rate 1st and 2nd mortgages
  • 10, 15, 20 and 30 year terms available
  • FHA, VA, adjustable rate, and jumbo mortgage options available

If this is your first time purchasing a home, you can take advantage of our First Time Home Buyer Incentive to buy your home with only 3% down payment!


The Red Rocks Credit Union Home Buying E-Book is your guide to understanding the mortgage process.

You can also download the Red Rocks Credit Union Home Buying Vocabulary Sheet to learn about all those unfamiliar mortgage terms.

Ready to get started? Our Home Buying Checklist contains everything you need to know before buying a home!

Mortgage Options

We offer several different types of mortgages, including FHA and VA loans. Our team of experts will help you choose the mortgage option that’s right for you!

Mortgage TypeBest ForTerms Features
Fixed rate mortgagePredictable monthly payments for the life of your loan.10 year
15 year
30 year
Minimum down payment depends on loan amount.
No closing costs for 10/15 year loans.
Fixed rate refinancingLowering your current mortgage payment.10 year
15 year
No closing costs.
Quick close.
30-Due-In-7 fixed rate balloon mortgageLower payments up front. 7 yearPayments are fully amortized over 30 years, with a balloon payment due after 7 years that can be paid in full or refinanced.
Jumbo mortgagePurchases of higher cost homes.15 year
30 year
Loans up to $750,000.
Minimum down payment depends on loan amount.

view disclosures

Applying for a mortgage doesn’t have to be confusing or scary! Here’s what you can expect when you work with our team.

Step 1: Apply

Our mortgage experts realize everyone has a different budget and needs, and we’ll help you decide what you can afford based on the information you provide in your application. To speed up the process, make sure you have the following information available:

  • Income, 30 days’ worth of paystubs, and last year’s W-2
  • Employment information and substantiating documents
  • Past two months of bank statements
  • Information about the property you plan to purchase or refinance (if you’ve already chosen it)

Step 2: Get the best loan for your needs

Once your application has been submitted we will contact you and review your information. You may be asked to provide supporting documentation so we can determine the most competitive rate for you. Standard disclosures and documentation about your loan such as terms, rate, and any other costs will be submitted for your review.

Step 3: Become a homeowner

Once the closing documents are approved and complete … you’re officially a home owner! Congratulations!!!

For any Red Rocks loan, you must have a membership with Red Rocks Credit Union and maintain a minimum savings account balance of $5.

To begin the application process complete the loan form below, or use the log in to access an application you have already started.

Our caring and experienced team is here to help guide as a trusted partner from the moment you apply to the day you become a home owner.

Brooke Hermann
Mortgage Loan Originator
NMLS# 1239434
Office: 515.232.0258

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