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Updated: Wed, April 08, 2020 at 12:58pm EDT

fairwinds.org | Get the freedom to go further.

Freedom Mortgage photo

Whether you're purchasing your first home or moving to a new house, enjoy the freedom of this no closing cost mortgage.

With a FAIRWINDS Freedom Mortgage Loan, take advantage of special benefits including:

  • Fixed-rate for 10, 15 or 20 years.
  • All normal closing costs paid by FAIRWINDS.*
  • All our mortgages are serviced locally.
  • As little as 3% down.
  • No application fee.

Top 3 Reasons Why People Choose the Freedom Mortgage

  1. Higher monthly payments = more money in your pocket. Seriously. See for yourself.

    Pair a low rate with a shorter mortgage term like 15 years, and you’ll save thousands of dollars – plus eliminate your debt faster than you think.

    For example, let’s say you finance a home for $250,000. By choosing a 15-year mortgage instead of a 30-year mortgage, you could save $101,003!*

    $250,000 Mortgage  
    Term30-Year15-Year
    Rate3.579%2.831%
    Payment$1,133.67$1,706.21
    Interest$158,120$57,117

    A 15-year mortgage could save you
    $101,003
    in interest and 15 years of payments.

    *Example above is for illustrative purposes. Your actual savings will vary.

  2. See Reason #1.
  3. You can build your equity faster. Equity builds more slowly with a 30-year mortgage because it takes longer to pay down the principal balance. With a 5, 10, or 15-year mortgage term, the equity builds much more quickly since you pay less interest.

Apply Now

Must be a primary residence purchase. Mortgage refinance is not available with this program.

**All normal closing costs are paid by FAIRWINDS. This includes the origination charge, appraisal, title insurance, settlement and search fees, recording fees, and documentary stamps. This does not include the prepaid escrow, first year’s homeowners insurance, property taxes, interim interest, or discount point. No closing costs offer is not available in Massachusetts.

Loans are subject to credit union membership eligibility, credit approval, and verification of information provided on the application. Other terms and conditions may apply. Terms and conditions subject to change at any time without prior notice.