ALLIANT MORTGAGES

OVERVIEW

Alliant Mortgages, offered by Alliant Credit Union, provides a wide range of mortgage solutions tailored for individuals looking to purchase or refinance their homes. Founded as a credit union for employees of United Airlines in 1935, Alliant has expanded its services over the decades, including its mortgage products, to cater to a broad membership base across the United States. Ideal for first-time home buyers, current homeowners, and those looking to refinance, Alliant Mortgages help customers by offering competitive rates and diverse loan options to achieve their home buying goals, whether it's buying a dream home or optimizing the financial aspects of home ownership. The costs associated with Alliant Mortgages vary depending on the type of mortgage and the terms of the loan. Alliant offers a variety of mortgage plans including conventional loans, VA loans, and adjustable-rate mortgages, each with distinct pricing structures. Generally, potential costs include initial down payments, which can be as low as 3% for qualifying buyers, closing costs, and ongoing interest charges. Specific rates and fees are dependent on the applicant's creditworthiness and the details of the mortgage product chosen. Alliant aims to minimize costs by offering low rates and no private mortgage insurance (PMI) on some of its loan products, which can significantly reduce the total borrowing cost for homeowners.