A network issue has caused an outage in our call center and branches. We’re working as quickly as we can to resolve the issue. Our apologies for any inconvenience.

Branches will closed Monday, May 29th in observance of the Memorial Day.

Gesa’s 70th Annual Membership Meeting is scheduled for April 13, 2023 at 6:00 p.m.

April is national education month, get smart with Gesa University

Skip Menu

Español

Home Loans —

Dream home. Dream condo.
Dream tiny house.

Great rates on 0% down home loans and 30 year fixed-rate mortgages*

Now could be the perfect time to buy.

Dream home. Dream condo. Dream financing.

If you plan to call it home, Gesa is here to help. We know it’s a big step, and that the right knowledge will give you the confidence to take it. That’s why our advisors stay by your side as we navigate every part of the home loan process, from securing your first down payment to finding the most competitive mortgage rate and refinancing your loan as your needs evolve.

How to know if you’re ready

Before you start searching for your new home or comparing mortgage rates, start evaluating your current situation and how it could change in the near future. Get started by asking yourself some basic questions:

Do you have a stable income?
Do you plan on starting a family, or experience any other major life changes that impact your financial stability?

Our financial experts can help you determine if you’re ready and what you can afford.

How to evaluate your financial situation before buying a house

Start by reviewing your bank accounts and billing statements to accurately gauge how much money you’re making and spending each month. If you’re going to buy a house with someone else (like a spouse), review your finances together and then ask yourselves some questions:

Do you have a stable job or other income?
After a mortgage payment, will you still be able to save money each month?
Will you still be able to manage other debts like student loans and car payments?
Do you keep your credit debt low to help qualify for a better mortgage?
Do you have enough money saved for a down payment and closing costs?

Buying vs. Renting

Benefits of Buying

Instead of paying a landlord's mortgage by means of rent you could be building equity in your own home.
Your rent payments aren't tax deductible. You're also able to write off mortgage interest and property taxes.
Unlike rent - your mortgage payment is usually a fixed amount that won't go up when the market changes.
You can customize your home to match your dreams or personality.

Benefits of Renting

Considering a new build?

Construction loans require special loan documentation and can get a bit tricky. Our loan officers are ready to help you navigate the world of short-term, single-close, and construction-permanent loans.

Determining your down payment

The amount of your monthly mortgage payment and how it fits in your budget is key to determining how much house you can afford.

Your down payment is cash you’ll pay for the home at closing. Down payment requirements can be as little as zero down, depending upon several key factors. The more money you put down, the lower your monthly payment and interest rate will be.

Down payment help is available. Special restrictions apply. If you need help determining your down payment, check out the resource links below.

Notes & Fees

30 year fixed-rate mortgages

All loans subject to approval. Assuming 20% down, purchase for a $296,000 loan with a 30 year fixed term at 6.375% APR, your monthly payment on a single-family home would be $1,847. Payment does not include taxes, insurance, or other charges. Actual monthly payment will be higher.

Home Loan Services

Find a Loan Officer

Get started with a Gesa Loan Officer

Learn More

Home Equity Loan

Use your home equity to your advantage.

Learn More

Refinance

Replace your current mortgage

Learn More

Notes & Fees Glossary

	Disclaimer
*APY	* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of the first day of the month – the last dividend declaration date.
SmartPlus Checking	*To earn the higher rate, you must: Enroll in eStatements Make a monthly direct deposit of over $200 Complete 15 debit card transactions Provide and maintain a valid email address Limit one account per member For any month where the account does not meet the qualification requirements, the account will earn a lower rate. Minimum balance of $5 needed to open.Qualifying account balances meet minimum requirements. APY subject to change monthly. Rate may change after the account is opened. The qualifying period begins with the first day of the calendar month and ends on the last day of the calendar month at 6:00 P.M. Pacific Time. No monthly fees and no minimum balance required to maintain account. Minimum opening deposit of $5. Fees could reduce earnings. Limit of one specialty checking account (Smart Plus Checking) per member.

Disclaimer

*APY

* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of the first day of the month – the last dividend declaration date.

SmartPlus Checking

*To earn the higher rate, you must:

Enroll in eStatements
Make a monthly direct deposit of over $200
Complete 15 debit card transactions
Provide and maintain a valid email address
Limit one account per member

For any month where the account does not meet the qualification requirements, the account will earn a lower rate. Minimum balance of $5 needed to open.Qualifying account balances meet minimum requirements. APY subject to change monthly. Rate may change after the account is opened. The qualifying period begins with the first day of the calendar month and ends on the last day of the calendar month at 6:00 P.M. Pacific Time. No monthly fees and no minimum balance required to maintain account. Minimum opening deposit of $5. Fees could reduce earnings. Limit of one specialty checking account (Smart Plus Checking) per member.

April is national education month, get smart with Gesa University

Banking made for you.

We're in the business of growing yours.

People helping people.

In the Community

About Gesa

Help when you need it.

Resources

Quick Links