Mortgages

Open the door to your dream home here.

• Our friendly mortgage professionals can help you find the right mortgage for you. Plus, they’ll be with you through the entire process from application to closing.

• Low fixed rate loans — 10, 15, 20 and 30 year terms.

• A choice of great variable loan programs, too.
• Put as little as 5% down payment on purchases.
• Ask about our FHA & VA Loans.
• Available for purchase and for re-financing your current mortgage.
• Quick approvals and local closings make the entire process fast and hassle-free.

Island also offers Alternative Financing for Self-Employed Borrowers! Learn more here. 

To Apply

To apply for an Island mortgage to purchase a new property or to refinance a current one:

• Contact the Home Lending Department by calling 631-851-1100 ext. 1347 or email homelending@islandfcu.com 
• Or visit an Island branch.
• You may print out the Mortgage Application to get this process started.
  • Editable Residential Loan Application
  • For purchases, use THIS version.
  • Your Home Loan Toolkit
  • For refinance, use THIS version.

Current rates

*Mortgage applicants must qualify for Island membership. Membership is open to anyone who lives, works, worships or attends school in Nassau County or Suffolk County with the exception of the townships of East Hampton, Southampton or Shelter Island. ** Lock in fee is refunded at closing. Loan must close within 60 days.