We are actively seeking to be the lifelong champion of our members and create community connections to transform the financial services experience. Ultimately, we desire to help our members and communities discover pathways to realize their possibilities.

The My Community Mortgage Program is a pilot initiative that enables prospective homebuyers that are creditworthy, have stable employment, and have sufficient monthly income to afford a home have their down payment covered by Blue members who buy into high yield share certificates (CDs) that are pledged as collateral for the down payment.


At the Heart of it:

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Blue wants to ensure that members of our communities can realize the ultimate American dream of homeownership. With rising home prices, people who otherwise could afford a home (mortgage payments, insurance, and taxes) sometimes have a hard time saving up for a 20% down payment. With this program, the down payment can be covered while also providing pledgers with an incredible interest rate on their pledged funds. It's a win-win for everyone!
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The pilot groups include:

  • A subscription package that will offer differentiated benefits & services
  • POD-based employee groups that will serve as ‘Champions on Call’ for any member of the subscription package pilot
  • A mortgage product that will connect charitable members to those who lack the cash required for a down payment

True Blue 2030 Master Plan

With our True Blue 2030 Master Plan in place, we are energetically looking toward our next decade of growth while embracing our core values: Boundless Optimism, Unwavering Confidence, Uniquely Us, Over the Top.

With this master plan, we are actively seeking to be the lifelong champion of our members and create community connections to transform the financial services experience. Ultimately, we desire to help our members and communities discover pathways to realize their possibilities.

In the next few months, a group of selected Blue members will receive an invitation from us to participate in a few pilot programs that we have been developing over this last year. We designed these pilot programs with member experience in mind. Should you receive an invite to participate in one of these groups, we strongly encourage you to join.

Pilot Program Timing

We are aiming to kick-off these groups at the beginning of 2022. Again, the success of these pilots will depend on the participation of those invited, which is why we encourage you to participate if you receive an email invitation.

My Community Mortgage Pamphlet


Interested in becoming a part of our pilot program?

Submit your information below and we'll reach out to discuss your options.


Number of Participants in Subscription Service is limited during BETA testing period. Participants responsible for paying monthly service fee in advance of receiving benefits. At close of BETA testing period, membership will return to previous membership rewards tier. Insured by NCUA.
Qualifying credit score is determined by pulling all 3 credit bureaus for borrower and using the middle score. If more than one applicant is on loan, the borrower with the lower middle score is used to determine qualification and rate. Borrowers will need funds for Earnest Money (deposit). Borrowers will still need to pay closing costs out of pocket on day of closing. This amount will be determined by purchase price, taxes, insurance, and appraisal costs. Earnest Money deposit will be credited towards these costs. Bonus and overtime can only be used if borrower can show 2-year history. Second job income can only be used if borrower can show 2-year history from the second job. Offer not valid for employees or volunteers of Blue Federal Credit Union. Loan amount may not exceed the conforming loan limit.