Founders Military Mortgage
Relax ... we appreciate you!
Founders wants to honor our service men and women with our Founders Military Mortgage.
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Questions to keep in mind during the homebuying process.
Click here to use our loan calculators and find out how much home you can afford. As a general rule of thumb, the purchase price of your home should not be higher than three times your annual household income.
Determining how many bedrooms, how big of a backyard and how much space you need are a few things to consider before beginning your home search.
What kind of home do you want to buy?
There are many types of homes – a home in a neighborhood, a townhome in a development, a condo in a building, and many more. Knowing the type of home you want to buy is important so you can understand the additional fees you may incur. Homes in neighborhoods could have Homeowners Association dues, which could be a costly expense.
What can’t I buy with Founders First Time Homebuyer Program?
Our First Time Homebuyer Program does not include mobile homes or building a custom home. We do have products available for these types of homes and a Mortgage Loan Officer will be glad to help you find the right product for you. To speak with a Mortgage Loan Officer call 1-800-845-1614.
What other responsibilities come with home ownership?
As a homeowner, you are responsible for all aspects of that home – the home itself, the yard or land the home is on, and all the things that make the home function. This includes appliances, heating and cooling units and more. It’s always a good idea to have extra money in savings and available in case one of these expensive items needs to be repaired or replaced.
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Financial Benefits of Owning a Home.
You can build equity in your home and increase your overall financial assets if your property value increases.
You may be able to deduct mortgage interest and property taxes for tax benefits. Consult with your tax advisor regarding tax deductibility.
You can build your credit by making your mortgage payments on time.
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Think you're ready to buy?
Make sure you are financially prepared.
Saving for a down payment for buying a house can take years, but remember the higher your down payment is, the less you will need to finance. Founders First Time Homebuyer Program only requires the applicant has a minimum of $1,000.00 in the transaction. This minimum includes closing costs, prepaids or a down payment.
Review your current financial bills and debts.
While securing your mortgage loan, it’s a good idea to pay outstanding bills and not take out any new debt.
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What's next?
Even if you apply for your Mortgage Loan online, a Mortgage Loan Officer will reach out to you regarding the details of your request and to review your credit report. Our trained Mortgage Loan Officers are also able to review your situation and make sure you are getting the right Mortgage for your financial situation.
To keep the application process as smooth as possible, be sure you sign and return any required documents to your Mortgage Loan Officer quickly.
Our Mortgage Loan Officers will continue to communicate with you every step of the way including when appraisals need to be scheduled, when your closing appointment will be and any actions you need to take to get in the home of your dreams.
To speak with a Mortgage Loan Officer, please call 1-800-845-1614 Apply Now
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After closing.
Managing your Founders Mortgage is easy! You can conveniently access and pay your Mortgage in Founders Online or by visiting an office near you. If you have questions regarding your Mortgage Loan, our Mortgage Loan Officers are always available to assist you.

Additional Information
- Military issued DD214 or Leave and Earnings Statement for Active Duty Military required
- Additional requirements based on length of service and type of discharge apply
- 15/15 Adjustable Rate Mortgage
Rates and terms vary depending on loan to value ratio, credit evaluation and underwriting requirements. APR is subject to increase or decrease. PMI=Private Mortgage Insurance. Offer for no origination fee and 100% LTV is only available for Founders Military Mortgage Loan Program. Military issued DD214 or Leave and Earnings Statement for Active Duty Military required. Additional requirements based on length of service and type of discharge apply.
1 Founders Insurance Services offered through Founders Financial Group, LLC, doing business as Founders Insurance Services. Insurance products not underwritten by Founders Financial Group, LLC, or any affiliated company.
Not NCUA Insured - No Credit Union Guarantee - May Lose Value - Not Deposits - Not Insured by any Federal Government Agency.
Calculators
Estimate your affordability so you know your price range.
Which Mortgage is better for me?Compare the cost of up to three mortgages.
Calculate your payment with an Adjustable Rate Mortgage.