That moment when you realize renting forever isn't the dream.

Remember when homeownership felt impossibly out of reach? We get it. Between student loans, rising prices, and the mystery of down payments, buying your first home can feel like trying to solve a puzzle with half the pieces missing. That's exactly why we created our first-time buyer program – to fill in those gaps and turn your "someday" into "moving day."

What makes us different:

• Down payments as low as 3% – because you shouldn't have to choose between buying a home and having an emergency fund
• First-time buyer workshops that actually make sense – no confusing jargon, just real talk about real costs
• Your personal mortgage guide who remembers your name and your goals (not just your credit score)

Recent success story: Sarah, a teacher from Gloucester, thought she'd need $30,000 saved to buy. We helped her secure her first home with just $8,000 down and a grant that covered her closing costs.

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Do you qualify? Our home buyer grant programs can help cover a portion of your down payment or closing costs — making your purchase more affordable. Grants don’t have to be repaid, which means more money stays in your pocket.

Community Partners

Provides up to $20,000 in down-payment and closing-cost funding to current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders; and veterans or active-duty members of the U.S. military or their surviving spouse that are first-time homebuyers or non-first-time homebuyers.

First-Time Homebuyer

The First-time Homebuyer product provides up to $17,500 in funds for the down payments and closing costs of first-time homebuyers.

Workforce Housing+

Provides up to $15,000.00 for families and individuals who qualify as first-time and non-first-time homebuyers with incomes between 80.01% up to 120% of area median income (AMI).  These funds may be used for closing costs and for down payment assistance. 

A conversation with a member of the Baylands Home team can help determine which grant option may fit your unique homebuyer journey. Give us a call 804-843-2520 ext 135 or email mortgage@baylandsfcu.org for more information.

For those who know what they want – and are ready to get it.

Maybe you've outgrown your starter home, or you're relocating for that perfect job opportunity. Perhaps you've been driving through that neighborhood you love, imagining yourself living there. Whatever brought you here, you're ready to make it happen – and we're ready to make it smooth.

Why choose Baylands for your purchase:

• Get pre-qualified in 24 to 48 hours – shop with confidence knowing exactly what you can afford
• Local decision-making means faster approvals and closing dates that actually stick
• Transparent pricing – the rate we quote is the rate you get, with no last-minute surprises at closing

Pro tip: Pre-qualification helps you establish a realistic budget, identify potential roadblocks, and put you in a better position on your path to home ownership.

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If you’ve found the perfect lot for your future home our land loans make it possible. We’ll help you finance raw or developed land, so you can secure your spot now and build when the time is right.

• Financing for residential lots and acreage
• Competitive fixed rates
• Flexible terms to fit your timeline

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Because why pay more than you have to?

Your mortgage was right for you when you got it, but life changes. Maybe rates have dropped, your credit has improved, or you're tired of that monthly payment that feels too high. Refinancing isn't just about getting a better rate – it's about aligning your mortgage with your current life and future goals.

Smart refinancing options:

• Rate and term refinancing – lower your payment or pay off your home years earlier
• Cash-out refinancing – turn your home's equity into funds for renovations, debt consolidation, or investment opportunities
• Streamline options for existing Baylands customers – less paperwork, faster processing

Real impact: The average Baylands member who refinanced last year saved $2,400 annually on their mortgage payments.

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Because one size doesn't fit all – and it shouldn't have to.

Some of the most deserving future homeowners face unique challenges. Teachers stretching their salaries. Veterans transitioning to civilian life. Healthcare workers who've given so much to their communities. Rural families where traditional lending falls short. We see you, and we have programs specifically designed to help.

Specialized loan programs:

• VA loans – zero down payment options for those who've served our country
• FHA loans – flexible credit requirements and low down payments
• USDA rural development loans – 100% financing for eligible rural properties
• Down payment assistance grants (teachers, healthcare workers and first responders) – an extra boost for those serving the local community

When your biggest asset can become your biggest opportunity.

Your home isn't just where you live – it's likely your largest investment. A HELOC lets you access that investment while you're still living in it. Whether you're planning the kitchen renovation you've always wanted, consolidating high-interest debt, or creating an emergency fund that actually has purchasing power, a HELOC gives you financial flexibility on your terms.

HELOC advantages:

• Revolving credit line – access funds as needed, pay interest only on what you use
• Rates typically lower than credit cards or personal loans
• Interest may be tax-deductible when used for home improvements
• No prepayment penalties – pay it off early without extra fees

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We're not just a mortgage team – we're your neighbors, your advocates, and your biggest supporters.

Our mortgage team has experience and a great understanding local markets, local challenges, and local opportunities. More importantly, the Baylands Home Team understand that behind every loan application is a real person with real dreams – and we're honored to help make those dreams reality.

Ready to start your journey? Your future self is already thanking you for taking this step. Let's turn that key together.

Your path to homeownership starts with a conversation. At Baylands Family Credit Union, we're not just with you every step of the way – we're walking beside you, celebrating your victories, and ensuring you never have to navigate this journey alone.