Folsom, Calif. – (May 26, 2026) – As mortgage rates continue to stagnate and energy prices impact future plans, SAFE Credit Union is offering qualifying new and existing members a way to save thousands on out-of-pocket costs when buying a new home.
Through a promotion from the credit union available until Tuesday, June 30, 2026, qualifying SAFE members can receive a 0.25% rate discount[i] and a $2,000 lender credit[ii] that can be used toward closing costs.
“This offer is a great deal for our members looking for ways to reduce their rate and costs at closing, but it gets even better,” says SAFE Credit Union Senior Vice President Real Estate Lending Michael Popp. “Our members have the opportunity to save additional thousands of dollars through our ongoing ‘HomeRewards’[iii] program that matches members with vetted and experienced real estate agents while looking for a home.”
Specifically, combined with SAFE’s exclusive “HomeRewards” program, qualifying home buyers can pair the 0.25% rate discount and $2,000 lender credit to receive an additional 0.5% credit on the home sale price of the purchase of a new home.
SAFE, a not-for profit financial cooperative and Equal Housing Opportunity lender, offers several home loan options as well as options to refinance. The credit union also offers members products to open an equity line of credit or a home equity loan including its Interest-Only Home Equity Line of Credit (HELOC) Payment Plan[iv]. The payment plan allows qualified borrowers to temporarily make interest-only payments on HELOCs during the draw period, the time frame in which borrowers can draw from their approved credit limit.
“Whatever we can do to offer our members added control over their budgets, especially when making what is oftentimes the largest purchase they will make during their lifetime, is a cornerstone for us here at SAFE Credit Union,” Popp says.
SAFE is a $4.4 billion credit union serving members in 13 counties – Sacramento, Placer, Yolo, El Dorado, Sutter, Butte, Nevada, Solano, San Joaquin, Contra Costa, Yuba, Amador, and Alameda.
SAFE’s 0.25% rate discount and $2,000 lender credit promotions run through June 30, 2026 and are available on eligible first mortgage loan products and for the purchase of a primary residence only. It does not apply to FHA loans. To qualify, loans must be locked by July 15, 2026. See more details here or at www.safecu.org/personal/borrow-money/home-loans.
Homeowners can also access SAFE’s Green Energy loan[v] offering members a way to finance up to $30,000 for installing energy efficient products such as EV charging stations, solar panels, dual pane windows, home insulation, whole house fans and electric water heaters. SAFE’s Green Energy loans are for owner-occupied homes only and require submitting an invoice or contract detailing the cost of improvements.
For details about all of SAFE’s personal loans, including Green Energy loans, visit here or at www.safecu.org/personal/borrow-money/personal-loans.
SAFE "HomeRewards" home buyers who utilize Newzip's agent matching service will receive "HomeRewards" in the form of credit at closing equal to 0.5% of the home sale price. SAFE "HomeRewards" home sellers who utilize Newzip's agent matching service will save 1% in the form of a discounted agent listing fee. See details about SAFE's "HomeRewards" program here or at https://safe.newzip.com/homerewards.
For SAFE’s Interest-Only Home Equity Line of Credit (HELOC) Payment Plan the flexible payment plan does not reduce the borrower’s loan balance and is subject to credit approval. See more details here or at www.safecu.org/personal/borrow-money/home-loans/home-equity-loans/.
For more information email [email protected].
Special promotion through June doubles SAFE Credit Union's options for home buyers to save on closing costs.
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About SAFE
SAFE Credit Union has made members an integral part of its vision since 1940. Over the years the credit union has kept the focus on what really matters, putting members first, a formula that has seen SAFE grow into a leading financial
institution in Northern California with $4.3 billion in assets and about 244,000 members. SAFE crafts every cutting-edge product and sterling service with members’ needs foremost in mind. In addition to banking services conveniently
available through online, chat, mobile, or phone options, SAFE offers in-person services for members and small businesses at service centers across the Greater Sacramento region. SAFE is a not-for-profit, state-chartered credit union
with membership open to businesses and individuals living or working in Sacramento, Placer, Yolo, El Dorado, Sutter, Butte, Nevada, Solano, San Joaquin, Contra Costa, Yuba, Amador, and Alameda counties. Equal Housing Opportunity Lender.
Insured by NCUA. www.safecu.org
[i] A 0.250% interest rate discount is available on eligible first mortgage loan products for the purchase of a primary residence only. The rate discount may be combined with the $2,000 lender credit for applications submitted through June 30, 2026. The rate discount is not available for FHA loans, Platinum Builder Rate Promotion, Member Relationship Rate, loans utilizing an appraisal waiver, or loans with a debt-to-income (DTI) ratio greater than 45%. For the rate discount, applications must be received between February 17, 2026 and June 30, 2026, and the loan must be locked by July 15, 2026, to be eligible. All loans subject to credit approval and membership eligibility. Additional terms, conditions, and restrictions may apply. Rates and programs are subject to change without notice.
[ii] A lender credit of $2,000 is available on eligible first mortgage loan products for the purchase of a primary residence only. The lender credit may be combined with the 0.250% rate discount available for applications submitted through June 30, 2026. The lender credit is not available for FHA loans, Platinum Builder Program, or Member Relationship Program. For purchase transactions in which an appraisal waiver is offered or obtained, borrowers may choose either the $2,000 lender credit or the appraisal waiver benefit, but both may not be applied to the same transaction. For the lender credit, application must be received between April 1, 2026 and June 30, 2026, and the loan must be locked by July 15, 2026, to be eligible. All loans remain subject to credit approval and membership eligibility. Additional terms, conditions, and restrictions may apply. Rates and programs are subject to change without notice.
[iii] Home buyers who utilize Newzip's agent matching service will receive HomeRewards in the form of credit at closing equal to 0.5% of the home sale price. Home sellers who utilize Newzip's agent matching service will save 1% in the form of a discounted agent listing fee.
[iv] APR is variable, ranges from 6.75% to 10.84%, is accurate as of 05/26/2026, and may change based on Prime Rate as published in the Wall Street Journal, Western Edition, currently 6.75%, plus a margin of 0.00% - 4.09%. Maximum APR will not exceed 15.00% for primary and secondary residences. Borrower has the option to make interest-only minimum monthly payments during draw period. While this option creates lower payments up front, interest-only payments will not reduce the loan balance. Subject to credit approval, membership eligibility, acceptable lien position, and satisfactory property value. Property insurance is required and not included in the closing costs. Rates, terms and conditions subject to change.
[v] Owner-occupied improvements only. Invoice or contract for cost of improvements required. Rates and terms are based on credit history, term, loan-to value (LTV), and amount financed. Rates, terms, and conditions subject to change.