COVID-19 Response - Update as of November 25, 2020

INTERNATIONAL MAIL DISRUPTION: BFSFCU mails statements, year-end tax forms and other account related information from the United States.
Due to the pandemic, the US Postal Service is unable deliver mail to certain international destinations. Please visit USPS.com for more information.

To ensure you receive timely information about your account, BFSFCU encourages you to enroll in Digital Banking and sign up for eStatements (paperless delivery).

Our IMF HQ2 Branch is open from 9:00 AM to 4:00 PM and our Express Branch,
ATM and Lending Center at 1725 I Street are also open to serve you in person from 8:30 AM to 4:00 PM, Mon - Fri
.
***The IFC and MC Branches remain closed due to COVID-19 restrictions to our sponsor group facilities until further notice.***

Holiday Closing: BFSFCU will be closed on November 26 and November 27, 2020 in observance of the Thanksgiving holiday.

For the latest information about our operations and measures we are takingplease visit our COVID-19 Response page.

The Mortgage Process

Stage 1: Origination

Your Loan Officer is your primary point of contact throughout your mortgage loan transaction from origination to closing. They will review your home buying requirements and your financials with you and explain the different loan programs offered by BFSFCU. When you are ready to apply, your Loan Officer will assist you through the pre-qualification or loan application process and answer any questions along the way. In addition, they will request any additional documents that may be needed to facilitate the processing of your loan.

Schedule an Appointment


Stage 2: Processing

Your loan will be forwarded to a Loan Processor, who will be responsible for monitoring the receipt of additional documentation as well as verifying assets, employment and ordering the property appraisal. During this step in the process you will also confirm your loan program and lock in your interest rate. Once all documentation has been received, the Loan Processor will review and prepare your application for underwriting to determine loan approval.

Check Rates


Stage 3: Underwriting & Approval

Your loan application will be reviewed by a Loan Underwriter who will ensure that your application meets our lending guidelines and that the documentation provided is current and valid. You may be asked to provide additional information or documents after the initial review. Upon loan approval, your loan file will be sent to our closing department.

Stage 4: Closing

Your Loan Closer will work with your Settlement Agent/ Attorney to finalize the transaction and will prepare all your loan documents for closing. The Closer will prepare the final documentation and coordinate the funding of the loan.

Current Promotions Meet Our Loan Officers