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Mortgage Loans in St. Louis

"Keep doing what you're doing, because at Arsenal, I feel at home!"

Happy businessman works in his office Michael B.
  • Friendly

    Get in touch with your loan officer when you need to

  • Flexible

    A mortgage loan to fit every financial situation

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Buying a home doesn't have to be scary

Yes, it’s a big decision. No, it doesn’t have to be overwhelming. We make it easier with a staff that’s eager to guide you through the whole process, plus helpful programs and competitive rates for mortgage loan options.

We offer mortgages tailored to any situation, including fixed-rate, adjustable, balloon, short-term and long-term.

You can review a current list of loan originators at Arsenal who are registered with NMLS.

We're here for you

Whether you’re interested in preapproval or simply want a rate that suits your budget, you’ve come to the right place.

  1. 1

    Convenient preapproval

    Preapproval means we verify your income and assets before you start shopping, so that home sellers know you are serious. This way, you can make an offer as soon as you find a home you love – and you'll look great as a potential buyer.

  2. 2

    Market-ready rates

    We are committed to giving you the best rates possible each and every day, which means your rate may vary depending on when you purchase your home.

  3. 3

    Perks for first-time buyers

    Never bought a home before? We offer special bonuses to first-time homebuyers (or members who haven’t owned a home in three or more years). Enjoy grants, financing solutions, options for no down payment and more.

Ready to get started?

Begin your mortgage application process right here online.

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For more detailed mortgage calculators, please visit Member Home Loan's mortgage calculators page.

Loan Calculator

Format: 12m, 36m, 3y, 7y


Generally speaking, you can purchase a home with a value of two times your annual household income. However, the amount that you can borrow will also depend on your employment history, credit history, current savings, current debts and the amount of down payment you plan to make.
There is no simple formula to determine the type of mortgage that is best for you. This choice depends on a number of factors, including your current financial profile and how long you plan on keeping your house. We will help you evaluate your profile, give you choices and help you make the most appropriate decision.
The amount of cash that is necessary depends on a number of items. Generally speaking, though, you will need to supply:
  • Earnest Money: The deposit made when you make an offer on the house
  • Down Payment: A percentage of the cost of the home that is due at closing
  • Closing Costs: Costs associated with purchasing or refinancing a house
The preapproval process is much more complete than prequalification. For prequalification, the loan officer asks you a few questions and provides you with a prequalification status. Preapproval includes all the steps of a full approval, except for the appraisal and title search. It is verification of income and assets.
With a fixed-rate mortgage, the interest rate stays the same during the life of the loan. With an adjustable-rate mortgage (ARM), the interest changes periodically, typically in relation to an index. While the monthly payments you make with a fixed-rate mortgage are relatively stable, payments on an ARM loan will likely change. There are advantages and disadvantages to each type of mortgage.
This is an upfront cash payment required by the lender as part of the charge for the loan, expressed as a percent of the loan amount; e.g., "2 points" means a charge equal to 2 percent of the loan balance.
A rate lock is a contractual agreement between the lender and buyer. There are four components to a rate lock: loan program, interest rate, points and the length of the lock.
It is the list of settlement charges that the lender is obliged to provide the borrower within three business days of receiving a complete loan application.
For most homeowners, the monthly mortgage payment includes three separate parts:
  1. Principal: Repayment on the amount borrowed
  2. Interest: Payment to the lender for the amount borrowed
  3. Taxes & Insurance: Monthly payments made into an escrow account for hazard insurance, property taxes and sometimes Home Owner Association dues

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Home insurance

Your home is unique – just like you – and it holds your most treasured memories. The TruStage® Home Insurance Program helps you protect your home and everything in it with coverage designed to be affordable for credit union members like you. It can help cover damage or loss due to fire, weather, theft and more. And it also helps protect you from liability if an accident happens on your property. TruStage gives you access to coverage underwritten by Liberty Mutual Insurance® along with popular benefits* such as discounts for multiple policies; 24/7 claims (even on holidays) with many settled on the spot; inflation protection – get today’s value for your belongings; and temporary housing assistance when you need it. Help make sure the place you call home has the protection it deserves. Get a free quote today by calling 1.855.922.5131 or visit TruStage.com for more info.

TruStage Auto  & Home Insurance program is made available through TruStage Insurance Agency, LLC and underwritten by leading insurance companies, including Liberty Mutual Insurance Company and affiliates, 175 Berkeley Street, Boston, MA 02022. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. *Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverage and limitations. The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by your credit union. ©2021 TruStage Insurance Agency

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