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Max Value Mortgages

No to Low Down Payment and No PMI Required

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More Value with Less Stress

Buying a home is a major milestone, and Max Value Mortgage makes it more accessible with no-to-low down payment options and no PMI. On top of that, our experienced mortgage specialists guide you through every step of the process, creating savings for your wallet and time.

Max Value Mortgages™ Features

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

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How this option helps you save

Imagine you're a first-time homebuyer, excited to find your dream home, but worried about the upfront costs. You’ve saved up a little for a down payment, but not enough for the traditional 20% usually required. With Max Value Mortgage, you don’t have to worry about private mortgage insurance (PMI) or draining your savings.

Let’s say you're purchasing a home for $300,000. With a standard 20% down payment, you’d need to put down $60,000. But with our no-to-low down payment option, you could secure your mortgage with just $15,000 down — saving you $45,000 upfront!

But here’s the real savings: without the added PMI cost, you could save an additional $150 to $250 per month, depending on the loan. Over the life of a 30-year loan, that could mean thousands of dollars back in your pocket.

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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

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 HELOC Introductory Rate3
  • Closing Costs Paid
  • 85% Maximum Loan-to-Value

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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

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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.

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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.
April Glover

April Glover

NMLS# 854548

Apply with April

Email April Glover

850.479.9601 Ext.446

Ed Brown

Ed Brown

NMLS# 416348

Apply with Ed

Email Ed Brown

850-324-2976

Katrinka Phillips

Katrinka Phillips

NMLS# 2128562

Apply with Katrinka

Email Katrinka Phillips

850.479.9601 Ext. 752

Sherry Brock

Sherry Brock

NMLS# 1367681

Apply with Sherry

Email Sherry Brock

850.479.9601 Ext. 463


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 - 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.

3 - 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

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.