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Celebrating 70 Years of Service

Mortgage Options

Buy, refinance or build your home with Gulf Winds

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Moving “Home Sweet Home” Forward

Buying a home is one of the most important purchases you will make. Our mortgage loan originators simplify the process, guiding you from application to closing. Whether you’re gathering information or ready to lock in a rate, we have a mortgage option for you.

Max Value Mortgages™

Options that provide more value with less stress.


  • Low to no down payment required
  • No private mortgage insurance (PMI) required
  • Fixed rate for 30 years

Adjustable Rate Mortgages

Save money now with initial lower payments.


  • Terms: 3/1, 5/1, 7/1, 10/1 
  • Fixed rate up to 10 years
  • Primary & secondary homes

Home Equity Loans

Get extra funds for whatever you may need.


  • HELOAN and HELOC options
  • Closing costs paid3
  • 85% Maximum Loan-to-Value

Conventional Mortgages

The most common loan type with fixed rates and fewer fees.


  • 15, 20, & 30-Year fixed rates*
  • Finance options up to 97%
  • Primary & secondary residence

Are You Pre-Approved?

Mortgage pre-approval lets you shop smarter and make stronger offers in a competitive market, especially if you're a first-time homebuyer. 
Reach out to our helpful mortgage team to get started. 

Contact Us

Max Value Mortgages™

Don't let years of saving for a down payment stop you from purchasing your own home. Our 100% and 97% loan-to-value purchase options provide homebuyers with low or no down payment mortgage options based on credit and do not require traditional private mortgage insurance (PMI). This type of mortgage is great for those who want to own a home but struggle to save a substantial amount of money. 

  • Fixed rate for 30 years
  • Low to no down payment required
  • No private mortgage insurance (PMI) required
  • Gulf Winds retains and services your loan
  • Available for primary residences

Apply Now  View Rates

Adjustable Rate Mortgages (ARM)

Don't let rising mortgage rates delay your next move. Our Adjustable Rate Mortgage (ARM) options help homeowners save money now with initial lower payments. This is a great option for buyers who plan to live in their home for only a few years or think interest rates may go down in the future. Properties that qualify for an Adjustable Rate Mortgage are primary residences and second/vacation homes.2

  • Various term options: 3/1, 5/1, 7/1, 10/1
  • Lower initial monthly payments
  • Lower fixed rate up to 10 years
  • Gulf Winds retains and services your loan

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Land and Lot Loans

Looking to own a piece of land to build your dream home? Gulf Winds offers customized Land and Lot Loans to meet your needs.

  • 5, 10 and 15-Year Terms Available*
  • Up to 20 Acres
  • Up to 75% LTV

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Additional Mortgage Options

It's one of the biggest purchases of your life, so don't settle for "good enough."
Let us help you find the perfect loan for your perfect home.

Home Equity

Home equity is the difference between how much you owe on your mortgage and how much your home is worth.

  • Fixed rate HELOAN
  • 3.99% APR HELOC3
  • Closing Costs Paid
  • 85% Maximum Loan-to-Value

Apply Now  Learn More

Already have a mortgage and looking for more favorable terms? Considering the terms of your existing loan, market conditions, and your future home plans, refinancing might still be a beneficial option.

  • Cash Outs
  • Lower Payments
  • Shorter Terms

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VA and USDA loans are government-sponsored mortgages intended to help families become homeowners with little to no down payment required. VA mortgages are available for eligible veterans, reservists, and active-duty personnel4, while USDA loans are available for those in rural areas and within the program's income limits5.

  • Fixed rates
  • Refinance options available
  • Finance options up to 100%4
  • Low to no down payment required

Apply Now  View Rates


Mortgage Calculators and Resources

From deciding how much home you can afford to estimating closing costs, we have the tools you need to make informed decisions about what loan is right for you.

Learn More  View Rates


Helpful Homebuying Tips

Still have questions? Check out these tools to help better understand the homebuying process.

Apply For A Mortgage

My Gulf Winds loan officer made a point to help find financial help for my situation. She wouldn’t stop until she found a loan to fit my life.
Kevin R.
Sherry Brock

Sherry Brock

NMLS# 1367681

Apply with Sherry

Email Sherry Brock

Ext. 463

Katrinka Phillips

Katrinka Phillips

NMLS# 2128562

Apply with Katrinka

Email Katrinka Phillips

Ext. 752

Gary Brewer Jr.

Gary Brewer Jr.

NMLS# 1911372

Apply with Gary

Email Gary Brewer Jr.

Ext. 280

April Glover

April Glover

NMLS# 854548

Apply with April

Email April Glover

Ext. 446


Gulf Winds Credit Union NMLS #414456

*Interest rates, annual percentage rates (APRs), points and estimated breakdowns are subject to change without notice.

1 - Home Owners Insurance is required. Flood and Wind Insurance may be required, when applicable. Exclusions and limitations apply. Gulf Winds agrees to pay closing costs on new HELOANs and HELOCS with the exception of appraisal fees, title insurance, and any fees associated with Home Owner's Association. Closing costs can range from $150 to $1500. If the loan is paid off and closed in less than three years of the loan origination date, all closing costs paid by Gulf Winds Credit Union will require reimbursement. Closing costs depend on the location of the property, property type, and the amount of the Equity Loan. Consult your tax advisor about possible tax benefits. Owner-occupied property only and Gulf Winds Credit Union must be in a valid first or second lien position. Refer to HELOAN or HELOC application or ask your Mortgage Loan Officer for complete details. This offer may be withdrawn at any time.

2 - Depending on selected term option, our Adjustable Rate Mortgages have a fixed rate for the first 3, 5, 7 ,or 10-years and a variable rate that adjusts once a year for the final length of loan, starting at either years 4, 6, 8, or 11. Your Annual Percentage Rate (APR) may increase after the original fixed-rate period. The First Adjusted Payments displayed are based on the current Constant Maturity Treasury (CMT) index, plus the margin (fully indexed rate) as of the stated effective date rounded to nearest 1/8th of one percent.

3 - Subject to credit approval. The introductory rate will be in effect for the first six (6) months after your line of credit is opened. After the promotional period, the variable standard APR will be based on your line amount, combined loan to value ratio, and credit rating. Upon expiration of the introductory rate, all balances will accrue interest at the variable standard APR. This offer is available to new equity line members, and is subject to change without notice. Required minimum draw at closing is $10,000.

4 - Eligible veterans, reservists, and Active Duty personnel and their eligible spouses with suitable credit, sufficient income and a valid Certificate of Eligibility (COE) can take advantage of 100% financing/zero-down payment options with a VA Mortgage, guaranteed by the Department of Veterans Affairs. Underwriting and loan approval required. Zero-day payment subject to terms and conditions. A funding fee is required at closing. The fee is higher with a zero-down payment, and maximum loan limits vary by county. If a down payment of 5% or more is made, the fee is reduced. The VA funding fee is non-refundable. Ask for details about eligibility, documentation and other requirements. The property must be occupied by the veteran as their primary residence.

5 - Available on primary residences only. Certain property types are ineligible. Borrower(s) must not have an individual or joint ownership interest in any other residential property at time of closing. Homebuyer education may be required. Restrictions apply regarding co-borrowers. Maximum income and loan amount limits apply.

Estimated Mortgage Loan Payment Breakdowns

Conventional, USDA and Condo Loans
A fixed-rate loan of $200,000 for 15 years at a rate of 6.625% and 6.736% APR will have a monthly payment of $1,755.99. A fixed-rate loan of $200,000 for 20 years at a rate of 7.375% and 7.467% APR will have a monthly payment of $1,595.93. A fixed-rate loan of $200,000 for 30 years at a rate of 7.500% and 7.572% APR will have a monthly payment of $1,398.43.

Max Value Mortgages

A fixed-rate loan of $200,000 for 30 years at a rate of 6.625% and 6.792% APR will have a monthly payment of $1,280.61.

Land and Lot Loans
A fixed-rate loan of $75,000 for 5 years at a rate of 5.500% and 6.253% APR will have a monthly payment of $1,432.59. A fixed-rate loan of $75,000 for 10 years at a rate of 6.110% and 6.517% APR will have a monthly payment of $836.80. A fixed-rate loan of $75,000 for 15 years at a rate of 6.610% and 6.903% APR will have a monthly payment of $657.87.

Adjustable Rate Mortgages (ARM)
10/1 Adjustable Rate Mortgage (ARM): For loan Amount $200,000, 30-year term: Years 1-10 with at a rate of 5.860% and 6.081% APR will have a monthly payment of $1,181.16. Years 11-30 with a maximum rate of 10.860% and 11.159% APR will have a monthly payment of $1,883.52. This Adjustable Rate Mortgage has a fixed interest rate for the first 10 years and a variable rate that adjusts once a year starting at year 11. Your Annual Percentage Rate (APR) may increase after the original fixed-rate period.

7/1 Adjustable Rate Mortgage (ARM): For loan Amount $200,000, 30-year term: Years 1-7 with at a rate of 5.760% and 5.979% APR will have a monthly payment of $1,168.42. Years 8-30 with a maximum rate of 10.760% and 11.057% APR will have a monthly payment of $1,868.47. This Adjustable Rate Mortgage has a fixed interest rate for the first 7 years and a variable rate that adjusts once a year starting at year 8. Your Annual Percentage Rate (APR) may increase after the original fixed-rate period.

5/1 Adjustable Rate Mortgage (ARM): For loan Amount $200,000, 30-year term: Years 1-5 with at a rate of 5.530% and 5.746% APR will have a monthly payment of $1,139.35. Years 6-30 with a maximum rate of 10.530% and 10.823% APR will have a monthly payment of $1,829.48. This Adjustable Rate Mortgage has a fixed interest rate for the first 5 years and a variable rate that adjusts once a year starting at year 6. Your Annual Percentage Rate (APR) may increase after the original fixed-rate period.


3/1 Adjustable Rate Mortgage (ARM): For loan Amount $200,000, 30-year term: Years 1-3 with at a rate of 5.500% and 5.716% APR will have a monthly payment of $1,135.58. Years 4-30 with a maximum rate of 10.760% and 11.057% APR will have a monthly payment of $1,829.48. This Adjustable Rate Mortgage has a fixed interest rate for the first 3 years and a variable rate that adjusts once a year starting at year 4. Your Annual Percentage Rate (APR) may increase after the original fixed-rate period.

Home Equity Loans
A fixed-rate loan of $50,0000 for 5 years at a rate of 6.000% APR will have a month payment of $966.64. A fixed-rate loan of $50,000 for 10 years at a rate of 7.000% APR will have a monthly payment of $580.54. A fixed-rate loan of $50,000 for 15 years at a rate of 7.610% APR will have a monthly payment of $466.64.