Home Loans
Partner with one of the best credit unions in Michigan for your home loan needs.
Not sure what to choose? Let us help.
UMCU makes it easy to achieve your dream home with flexible options tailored to your needs. Whether you're buying, refinancing, renovating, or building, we have a solution that fits.
Mortgage
- Competitive interest rates and down payments as low as 3.00%*
- Flexible terms to fit any budget - choose from 10, 15, 20, and 30-year fixed rates**
- Low closing costs, no application fee, and free pre-approval - shop confidently knowing what you can afford
- Convenient automatic payment options
- Discount points available to lower your interest rate
Home Equity Line of Credit
- Completely fee-free - no application, recording, credit report, closing, or annual fees!
- Borrow up to 95% of your home’s equity*
- Competitive interest rates
- Conveniently access your funds with a Visa check card, online banking tools, or checks
- 10-year draw period followed by 15-year repayment period
- Loan payment protection coverage available to protect your family, assets and credit
Mortgage
- Competitive interest rates and down payments as low as 3.00%*
- Flexible terms to fit any budget - choose from 10, 15, 20, and 30-year fixed rates**
- Low closing costs, no application fee, and free pre-approval - shop confidently knowing what you can afford
- Convenient automatic payment options
- Discount points available to lower your interest rate
Home Equity Line of Credit
- Completely fee-free - no application, recording, credit report, closing, or annual fees!
- Borrow up to 95% of your home’s equity*
- Competitive interest rates
- Conveniently access your funds with a Visa check card, online banking tools, or checks
- 10-year draw period followed by 15-year repayment period
- Loan payment protection coverage available to protect your family, assets and credit
Disclaimer
Insured by NCUA
*Offer of 3.00% down is available for conventional fixed-rate mortgages on single family homes. 97% maximum loan-to-value. Maximum loan amount $766,550. Loan subject to credit approval, normal credit standards apply. Additional limitations, terms and conditions apply and are subject to change without notice. Property insurance required. Flood insurance may be required. Contact UMCU for more information about credit costs and terms. NLMS #712343
**Offer subject to credit approval. Rates vary based on credit history and underwriting factors. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.