Couple moving into house, man pushing woman in a box playfully


Zero. Zilch. Nada. However you say it!
Are you ready to buy a house? For many potential homebuyers, it can be a challenge to put down a substantial amount of money on a new home. At Community West, we offer solutions tailored to your needs and budget - including the zero down mortgage lending option. Learn more about our home loans with no down payment and no private mortgage insurance (PMI), and how this loan could be the key to the home of your dreams!


How Does a Zero Down Mortgage Work?

As the name suggests, our zero down mortgage is a home loan that doesn't require a down payment. Typically, a down payment is the first substantial expense in the home buying process. This payment is due at the time of closing on the house, and the amount owed is generally calculated as a percentage of the home's purchase price.

Community West Credit Unions' zero down mortgage is a loan designed with no down payment and no PMI. This budget-friendly option allows potential homebuyers to be more flexible in their search for a new home and enjoy a greater peace of mind when it comes to their financial responsibilities.


Zero Down Mortgage Features

At Community West, we provide financial solutions that are tailored to the diverse needs of our members. A home loan with no down payment offers more than just money-saving benefits. Additional advantages of a zero down mortgage include:

  • Highly competitive rates
  • Fixed rates with multiple terms available
  • Reasonable underwriting criteria
  • Local decision-making

Our biggest goal is to help you reach yours! With a commitment to putting relationships first, we pride ourselves on delivering personalized service that positively impacts our membership and surrounding communities. Part of our commitment means having an expert team of mortgage lenders available to answer any questions you may have along the way.