Loans > Mortgage

Making home mortgage loans in St. Louis easier

Planning a wedding. Finding a new job. Buying a home. These are supposed to be life’s most exciting milestones but can also be the most stressful. In fact, more than 65 percent of Gen Z buyers said they were brought to tears by the homebuying process.

That’s not an acceptable percentage for us. Our mortgage program is designed to take the anxiety out of one of the biggest decisions of your life.

Contact a mortgage specialist Get preapproved online

Get a low, adjustable rate

Worried that you can’t make a monthly mortgage payment? An adjustable rate mortgage (or ARM) gives you more leverage. Get a set, low rate for the first five years of your mortgage. Build your home’s value and sell so you can build wealth and upgrade. Learn more about the benefits of ARMs or get preapproved online, fast.

Current rates based off 1 Year Treasury Rate plus an annual percentage rate of 0.25%.

More about ARMs Get preapproved online

Don't let a down payment stop you

Your home mortgage loan in St. Louis is within reach. Qualified first-time borrowers could receive assistance for part of a down payment. Contact us for more information.

Email

Email us directly at mortgages@arsenalcu.com to see if you qualify.

Call

Call VP of Consumer Lending, Shane Wecker, at 314.501.3360.

Visit

Stop by one of our four area branches and speak with us in person.

Meet your personal homebuying guides

Your mortgage is always taken care of locally and in-house. A mortgage specialist will help you every step of the way to make the process transparent. Meet the team below or view a list of current loan originators registered with NMLS.

Shane Wecker

VP Consumer Lending

Contact Shane

Heather Adams

Consumer Loan Manager

Contact Heather

Jon
DeBold

Mortgage Loan Originator

Contact Jon

Loan Originators

NMLS #401926

View list

Get preapproved

When you get preapproved, we verify your income and assets before you start shopping. This lets sellers know that you’re serious. Preapproval means you can make an offer as soon as you find a home you love.

If you want to get started ASAP, fill out this quick form and a member of our mortgage team will reach out to you during normal business hours.

Fixed rate vs adjustable mortgage rates in St. Louis

When you apply, we’ll help you find the home loan that fits your unique situation. We offer many products for different needs, but they generally fall into fixed rate vs adjustable rate mortgages.

We'll find the rate type that works best for you.

Fixed-rate mortgage

Keeps the same rate throughout the term of your loan.

Predictable and usually more affordable monthly payments.

Available in 10-, 15-, 20- and 30-year terms.

Better if you plan to live in your home for a long time.

Adjustable-rate mortgage

Start with a lower rate, then change as market interest rates change.

1/1, 3/1 and 5/1 products: Interest rates stay the same for 1, 3 or 5 years, then change based on market for the remainder of the term.

Better if you plan to move before the adjustable rate kicks in.

Resources for homebuyers


Mapping out your mortgage

A mortgage is a journey. Work with a guide who can help you carve out the best path forward. Take your journey step-by-step to get the best results.

Learn more

Get into your home faster

There are a lot of players when it comes to purchasing a new home. Coordinating the process between all respective parties takes a little work and a lot of patience.

Learn more

The facts about down payments

How much cash do you need before you can buy a home. The answer may be less than you thought. Plus, learn how you can possibly get assistance.

Learn more

What are people saying?

“From beginning to end, Arsenal Credit Union made the loan process very easy with no stress. Highly recommend!”

Paul B.
Member

Get preapproved today

We're here to help answer your mortgage questions.

Connect with a mortgage specialist Get preapproved online

Membership and qualifications required. Loan terms and conditions depend on credit qualifications and approval. See if you’re eligible to join.
For assistance opening accounts, applying for loans and other general inquiries, start a live chat during normal business hours.