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You know the signs of quality construction, but do you know the signs of a quality mortgage? At Allegacy, we don't try to push homebuyers into one-size-fits-all loans. Instead, we begin by looking at your overall financial "big picture" and understanding your goals for the future. Only then can we offer you a personal mortgage solution that fits your life and helps you achieve your goals. We offer competitive interest rates and lower originations fees than most lenders, which means our mortgages are easy to live with today and for many years to come.

Fixed Rate
Pay exactly the same amount every month for 15, 20 or 30 years.

  • Fixed rate - 15, 20 and 30 year terms
  • Up to 95% of appraised value of home
  • Pre-qualification and Credit Approvals are available
  • Inquire online or in person

ARMs (Adjustable Rate Mortgages)
Opt for lower monthly payments that adjust after a set period of time.

  • Adjustable - 2/1, 5/1, 7/1 and 5/5 Amortized over 15 or 30 years
  • Up to 95% of appraised value of home
  • Pre-qualification and Credit Approvals are available
  • Inquire online or in person

Construction Loans
Ideal for members looking to build a home in Allegacy's market footprint.

  • Allows you to choose the lot, the builder and build the home of your choice
  • We can assist from start to finish: from pre-qualifying to choosing the plan, from breaking ground to completion and a permanent mortgage
  • Specialized, full-time Construction Lender to assist you along the way
  • For inquiries, please call 336.774.2831 or 800.782.4670 x 2831

USDA (United States Department of Agriculture) Rural Development
Get up to 100% financing for Rural Housing.

  • Available for primary residence only
  • Income and Property eligibility requirements
  • No required down payment
  • Inquire online or in person

VA (Veterans Administration)
Get up to 100% financing for active duty or retired service members.

  • Available on refinances and/or purchases
  • Must be Veteran of the United States (active and/or retired)
  • Available for loan amounts up to $417,000
  • Inquire online or in person

North Carolina Home Advantage Program
Available to members buying a new or existing home in North Carolina.

  • Up to 97% financing
  • 3% down payment assistance available
  • Purchase of primary residence only
  • Inquire online or in person

MCC (Mortgage Credit Certificate Program)
Great for first-time homeowners in North Carolina

FHA (Federal Housing Administration)
Become a homeowner with a lower down payment – great for first-time buyers.

Mortgage Eliminator Loan
Ideal for members with moderate to smaller mortgage loan balances who would like to obtain a lower rate and pay off their mortgage faster. It offers purchase or refinance for terms of 7, 8, 9 or 10 years.

  • Primary residence or vacation residence
  • Rate determined by creditworthiness
  • Apply for the Mortgage Eliminator Loan

Special Mortgage Programs
Explore a variety of other loans that are designed for specific purposes.

Meet our Specialized Construction Lender & Mortgage Specialists
Get to know more about who we are and how we can help you.


First mortgages are available in CA, CT, DE, District of Columbia, FL, GA, IL, IN, MD, NJ, NY, NC, PA, SC, TX, VA, WV

Articles to Help You Decide:

Allegacy is federally insured by NCUA and is an Equal Housing Lender. © 2015 Allegacy Federal Credit Union
Equal Housing Lender NCUA