Home Loan Payment Relief Mortgage


Making homeownership a reality for all.

Have you ever dreamed of owning your own home, but worried that it might be out of your reach?

A Home Loan Payment Relief (HLPR) mortgage may be your solution. It's designed for members having low-to-moderate income, who are ready to own their first home.

What is HLPR?

The HLPR mortgage loan is a 3/1 adjustable rate mortgage (ARM). That means the rate is fixed for the first three years.

After three years, the rate will adjust annually according to market rates. Adjustments to your rates are capped at 1% per year and 5% over the life of the loan.

HLPR Benefits:

Lower mortgage payments

Lower mortgage costs

No Private Mortgage insurance (PMI)