Interra Credit Union is a member-owned, not-for-profit financial cooperative (also called a co-op). This means that their members pool their savings, borrow, and obtain related financial services together. Members are therefore united by a common bond and democratically operate the credit union.
What down payment assistance programs are available?
Interra has access to multiple programs that are available to eligible buyers. Ask your loan originator what you may qualify for.
What types of mortgages are available?
Conventional mortgages with fixed and adjustable rates are available.
Are there loan options for low-to-moderate income buyers?
Yes, loan programs for eligible low-to-moderate income borrowers feature low down payments (as low as 3%) and reduced interest rates.
Can ITIN borrowers get a loan without a co-applicant?
Yes, ITIN borrowers may apply without a co-applicant.
What cultural competencies are available?
Interra has several Spanish-speaking representatives, and applicants can select Spanish as their preferred language when applying online.
What sets this institution apart from others?
Interra works with borrowers with a credit score of 580+ and non-traditional buyers who have not yet established credit.
