You focus on the home, we’ll focus on the loan

With great mortgage rates, an online application and an expert team, we’ll take care of the heavy lifting.

The Run Down
  • No application fee
  • Streamlined experience with expert, personalized service
  • Free customized quotesbased on your loan
  • Rate lock-ins: 120 days (new construction/end loans), 90 days (refinance), 45 days (purchase)
  • Mortgage financing available nationwide
  • Low and no down payment programs
Mortgage Calculator

Estimate your monthly mortgage payment on your future home.

Alliant mortgage calculator

What to expect when applying for a mortgage

Alliant offers competitive low rates with a team of home loan experts ready to lend a hand. Whether you’ve already found your next home or you’re just starting your search, we’re ready when you’re ready.

step 1

Get preapproved

Fill out the online preapproval application (it takes about 10-15 minutes). Preapproval gives you buying power while you’re house-hunting and when it’s time to put in an offer.

step 2

Submit your application

Once you’re ready to buy and are under contract with a seller, complete the online mortgage application.

step 3

Connect with your loan officer

You’ll receive a call from your knowledgeable Alliant mortgage loan officer to discuss your application (about 2-4 hours).

step 4

Become a home owner

Your loan officer will guide you through the entire process and answer your questions until you’re handed the keys to your new home.

Types of mortgages Alliant offers

Choose from fixed-rate and adjustable-rate mortgages (ARM) with a variety of terms and down payment options.

Traditional

Standard mortgage used to purchase a new home.

Refinance

You could save on interest by refinancing your current mortgage to a lower rate.

Jumbo

Traditional or refinance mortgages more than $510,400.

Simplify your search with programs to help you save

Alliant Advantage Mortgage

Low down payment options – as low as 0% down for first-time homebuyers – with no pricey private mortgage insurance (PMI).93

Learn More

Alliant Home Rewards

Search for homes and get help buying or selling. Plus, get a cash back rebate up to $6,500 when you buy or sell, or up to $13,000 if you buy and sell through the program.88

Learn More

Compare low mortgage rates

Fixed Rate Home Mortgage

Quick Summary

Lock in a mortgage rate and payment for a period of either 15, 20 or 30 years.

Max Term

15-year, 20-year or 30-year50

Consider If
  • You plan to stay in your home for 10 years or more
  • You prefer to have fixed, consistent payments
Rate Options
Term Rate APR
15-Yr. Fixed 2.625% 2.722%
20-Yr. Fixed 3.000% 3.078%
30-Yr. Fixed 3.250% 3.304%

Purchase rates shown above are stated as low as. Rates can vary based on individual loan characteristics. Displayed rates reflect a 45-day lock period. Refinances are currently locked for 90 days.

Quick Summary

Lower initial rate subject to adjustments after fixed term.

Max Term

Initial fixed term 3, 5, 7, or 10-year48,49

Consider If
  • You plan to move before 10 years
  • You prefer a lower monthly payment at the beginning of your loan​
Rate Options
Term Rate APR
3/1 ARM 2.750% 3.071%
5/1 ARM 2.875% 3.067%
7/1 ARM 3.000% 3.096%
10/1 ARM 3.125% 3.154%

Purchase rates shown above are stated as low as. Rates can vary based on individual loan characteristics. Displayed rates reflect a 45-day lock period. Refinances are currently locked for 90 days.

Check out our awards

"MONEY’s Best Credit Union of 2019"

"Best Mortgage Lender of 2019"

"Best Mortgage Lender for First-Time Buyers 2019"

"Best Bank for Online Experience of 2020"

We’re here to help

Get a custom rate quote

Find out how much home fits into your budget – or how much you could save by refinancing – with our simple custom rate tool, no strings attached.

Rate Watch

Subscribe to Rate Watch to get notified when a mortgage rate hits your target. Sit back and let the savings come to you!


More resources

Still deciding which mortgage is right for you? Check out our Money Mentor blog to learn more about mortgages and all stages of homeownership, or visit our Mortgage Resource Center.

Email us

[email protected]. Please include your contact info, best time of day to reach you, what type of mortgage you’re interested in (e.g. traditional, refinance, jumbo) and your specific questions. A loan officer will get back to you in 1-2 business days.

Call us

800-365-7003
M-F: 8 a.m. – 6 p.m.CT
Sat: 8 a.m. – 2 p.m. CT

Mortgage FAQs

What do I need to submit my online mortgage application?

Before you fill out your online Alliant mortgage application, be sure to temporarily lift any credit freezes you have in place. You’ll also need to provide basic information about your income, assets, monthly expenses and any other properties you own.

Can I pay off my loan quicker than the payment schedule?

Yes. At Alliant, there are no prepayment penalties for paying off your loan faster than your payment schedule. In fact, it’s a great way to save on interest over the long run.

Will my payment on an adjustable-rate mortgage (ARM) go up dramatically after a certain time?

With an adjustable-rate mortgage (ARM), monthly payments can change after a specific amount of time, according to your loan structure. However, Alliant ARMs have a cap to prevent a drastic payment increase. Talk with an Alliant home loan specialist to make sure you understand how your payment can change over time.

What happens if ARM rates change during my home buying process?

Alliant offers float-down protection, should your ARM rate drop during the mortgage underwriting process. This ensures you get the best rate until right before closing on your new home.

Can I make a low down payment without having to pay private mortgage insurance (PMI)?

The Alliant Advantage Mortgage (AAM) program allows qualified homebuyers to make a low down payment without pricey PMI payments.

  • First-time homebuyers: as low as 0% down payment on loan amounts up to $500,000 and a variety of ARM term options available. 
  • Non-first-time homebuyers: as low as 5% down payment (or refinance with 5% equity)
How can I find out about Alliant’s mortgage fees?

Alliant does not charge an application fee or escrow waiver fee. Alliant discloses mortgages fees up front so you won’t be surprised on closing day. Check out our custom rate tool to learn more.

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