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First Mortgage Loans

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Please note due to the high volume of applications that we are experiencing, after applying please expect to be contacted by a loan officer between 7-10 business days.


MORTGAGE LOAN: BEFCU’s Options related to Covid-19

At the direction of the recently passed CARES Act (i.e., the legislation recently passed in an effort to combat Covid-19 related problems) and the Federal Housing Finance Agency, Fannie Mae’s regulator, Fannie Mae offers assistance to borrowers that are impacted by Covid-19.

If you have a mortgage loan that BEFCU is servicing (you can call us at 877-426-8767 Opt. 2 to find out) and are experiencing a COVID-19 related hardship, you may be eligible for assistance, including deferment of your monthly loan payment for a minimum of 90 days or longer.

To see if you qualify, please call BEFCU and ask for Tiffany; she will ask you a few questions and send you a package to complete and return.

Once you send back a completed package, you will be notified by BEFCU within 5 (five) business days whether or not you meet eligibility requirements for a Covid-19 payment deferral or what other options may be available to you.

COVID-19 related hardships include, but are not limited to:

  • Reduction in regular work hours

  • Furlough

  • Lay off

  • Reduction in income

  • Termination

  • Close of Business

  • Illness of a borrower/co-borrower or dependent family member related to Covid-19; more specifically, a borrower, co-borrower or dependent family member is ill or quarantined and unable to work and, as a result, experiences a reduction in income that impacts the borrower’s ability to make their monthly mortgage loan payment.


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Talk with one of our knowledgeable and friendly Member Service Representatives.

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Click below to Apply.
In order to apply, please provide proof of income:

               1 Month Pay Stubs

               2019 W-2

  • (Self-Employed)

    • All pages of most recent taxes

apply now

Or, call toll free: 1-877-426-8767, option 2

 

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