• Low down payment required
  • Gifts, grants and other approved funding sources may be used for closing costs
Members must meet qualification requirements and be a first-time home buyer.
Available for double wide and modular homes only (certain restrictions apply).

Finance construction of a new home.

The following guidelines apply:

  • Primary residence and vacation/second homes only (1-unit homes only)
  • Stick built or modular homes
  • Finance up to 80% of Loan to Value
  • Up to 5 draws for project
  • 12 month maximum construction period
  • Interest only payments during the construction phase
Membership eligibility required. Loan approval based on creditworthiness. Available in all counties except Bronx, Kings, Nassau, New York, Queens, Richmond and Suffolk. Members must meet qualification requirements and builder must be approved by Empower FCU. No escrow of property taxes and insurance required, unless the structure is in a flood zone. Other restrictions may apply. NMLS #412348
  • Choose between owner-occupied and investor-owned with fixed and floating rates
  • Maximum loan-to-value 80%
Buying a home is a big deal. Do it right.

Link to Framework - visit the only online homebuyer course designed by experts in online learning. Once upon a time, buying a home was simple. Today, the game has changed. Whether you’re buying for the first time or the fifth, you need to be more savvy, more proactive. With homebuyer education, you can be. It’s not just about buying a home—it’s about staying in it. Research shows that informed homebuyers are successful homeowners.
Framework is the only online homebuyer course designed by experts in online learning. It’s comprehensive, so you’ll have all the facts you need to navigate every step of the buying process. And you can learn when, where, and how you like.

To get started, visit Framework.

If you’d like to learn more first, watch this short overview video:

All loans subject to approval. Rates, terms, and conditions subject to change. 
NMLS #412348


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What do you want out of life?

Empower Federal Credit Union welcomes employees of many companies, immediate family/household members of employees and retirees, as well as our outreach to underserved communities to enjoy personal and business banking solutions including auto loans, mortgages*, credit cards and more. Bank online, in any central NY branch, or call us at 315.477.2200.

* Home mortgages available in FL, PA, CT, NY and NC.