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Last Updated: 04/18/2025

First Watch Credit Union Fixed Rate Mortgages

in Home Mortgage Loans from First Watch Credit Union

Last Updated: 04/18/2025

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Credit Score Range

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Loan Term (Years)

10 - 30

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First Watch Credit Union Fixed Rate Mortgages Review

First Watch Credit Union Fixed Rate Mortgages is offered by First Watch Credit Union (NMLS #746450), a credit union founded in 1959 and based in Abilene, TX. First Watch Credit Union Fixed Rate Mortgages are available in 50 states and Washington, DC.

Key Takeaways

  • Specializes in single-family homes. Only offers mortgages for single-family homes, but not for multi-family properties or manufactured homes.
  • Standard interest rates types. First Watch Credit Union Fixed Rate Mortgages only offers fixed-rate mortgages.
  • Only primary residences considered. First Watch Credit Union Fixed Rate Mortgages does not offer financing for vacation homes or investment properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • High maximum LTV ratio. First Watch Credit Union Fixed Rate Mortgages has a maximum loan to value ratio of 95%, which is higher than average. Most lenders want you to have at least 20% equity.

First Watch Credit Union Fixed Rate Mortgages Pros & Cons

First Watch Credit Union Fixed Rate Mortgages FAQ

What is the maximum loan term you can get with First Watch Credit Union Fixed Rate Mortgages?

First Watch Credit Union Fixed Rate Mortgages offers mortgages with terms ranging from 10 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What mortgage rates does First Watch Credit Union offer?

Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.

Do they charge mortgage origination fees?

Yes, First Watch Credit Union Fixed Rate Mortgages may charge a loan origination fee .

What property usage types does First Watch Credit Union Fixed Rate Mortgages allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. First Watch Credit Union Fixed Rate Mortgages allows the following property usage types:
  • Primary home

What is the customer service phone number?

The customer service number for First Watch Credit Union Fixed Rate Mortgages is (325) 670-2429.

What is the support contact email?

The support contact email for is memberservices@myfwcu.org.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

1118 Pine St
Abilene, TX 79601
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 4:00PM
Tuesday
9:00AM - 4:00PM
Wednesday
9:00AM - 4:00PM
Thursday
9:00AM - 4:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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