HomeFund. Opening the door to homeownership

Saving money for a down payment is the first major step towards opening the door to homeownership. For many first-time homebuyers, the struggle to save a percentage of a home’s asking price can seem insurmountable.

Knowing where to save is just as important, as you want to net the most for every hard-earned dollar saved as you journey towards owning your first home.

Introducing HomeFund

Justice Federal is pleased to introduce HomeFund, a new way to save for a home. HomeFund is a home savings account with a bonus! The account was designed to help Members achieve homeownership.

Simply open a HomeFund Savings account with as little as $250 — then start building! Make deposits over time that may be applied to your down payment or closing costs. Make saving even easier when you setup direct deposit from your payroll!

When you find the right home, and it is time to close on a mortgage with Justice Federal, we will add a $250 bonus to your check request for escrow or closing settlement!*


Down Payment Savings

If you are wondering how much you will need to save for your down payment, look at the price range for the type of home you are interested in buying. You will find that many mortgage programs require you to have 20% of the asking price as the down payment. In addition, you will also need to save monies for closing costs.

Depending on your financial situation, including credit score, assets, confirmed income, and collateral, you may be able to qualify for a conforming mortgage loan from Justice Federal with as little as a 3% down payment.**

We Make Homeownership Affordable

Look at the difference in what you will need to save on a $250,000 home — a 3% down payment is $7,500 while a 20% down payment is $50,000!

Justice Federal offers a competitive, low interest rate that further helps to reduce the cost of borrowing significantly over time. In addition, we have reduced the loan origination fee for a limited time from 1% of the purchase price to just $750. *** On a $250,000 home purchase, the reduced loan origination fee nets a savings of $1,750 for you that could otherwise be applied towards your down payment or closing costs!

Don't assume that just because you don't have thousands of dollars saved for a down payment, that you cannot buy a home. A Justice Federal Mortgage Representative will assess your full financial picture to determine the loan terms that are the best fit for your situation.

Take a moment to be pre-approved for a mortgage before you begin to shop by visiting jfcu.org. With a pre-approval, you’ll be ready to make an offer on a home when the right one comes along.

When you’re ready to shop for a home, HomeAdvantage, an exclusive Member benefit, offers all the real estate tools you could ever need under one roof. You can search, buy, sell and save on your home. When you use an approved Realtor from the HomeAdvantage network to buy or sell a home, you can earn Cash Rewards — the average is near $1,500!

We want to make homeownership a reality for you.

To learn more, or to get preapproved for a mortgage, visit your nearest branch, or call 800.550.5328 and ask to speak to a Justice Federal Mortgage Representative, Monday – Friday, 8:30 AM – 4:30 PM, EST.

First Time Home Buyer

Step into the housing market with confidence. Get excited, because the next stage of your life begins now!


Rate Watch

Let us keep an eye on rates so that you don't have to! We'll e-mail you when rates reach your goal or e-mail current rate information on a regular basis.

Home Advantage


Shopping for a home shouldn’t be complicated.
We make it EASY!



Visit Your Nearest Justice Federal Branch

Call Us 800.550.5328

Important Legal Disclaimers and Information

*HomeFund: Must be 18 years of age to open. Minimum deposit $250. Minimum balance $250.00 to receive bonus. Account must be open 45 days. Limit one bonus per Mortgage. Bonus added to the account when check is made payable to the Realtor for escrow or the title company for closing. Bonus reported as dividend for tax purposes. Any remaining account balance will transfer to a designated account. Mortgage Loan must be with Justice Federal. Commitment to provide mortgage not guaranteed.

**Home loans subject to credit and property approval. Rates subject to change. Rate is based on evaluation of creditworthiness. Program available for primary residences only. Payments based on a 30-year amortization. Example: $400,000 mortgage, with rate of 3.500% (3.603% APR) results in a monthly payment of $1,796.18. Taxes, insurance not included─ the actual payment obligation will be greater. Loan Level Price Adjustment (LLPA) may apply to the interest rate based on 97% financing and credit scores.

***Reduced loan origination fee available through August 31, 2017. Justice Federal reserves the right to withdraw this offer at any time.

†The HomeAdvantage program is made available to you through a relationship between Justice Federal Credit Union and CU Realty Services. Rebate amounts are dependent on the commissions paid to the agent. Rebate incentives are available in most states; however, are void where prohibited by law or by the lender. Please consult a Justice Federal Mortgage Loan Representative for details