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Our Midwood branch located at 1560 Flatbush Avenue in Brooklyn will reopen this Friday, May 31st!

In the meantime, you can securely access your accounts by logging into Digital Banking or visiting any of our other local branches.

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High-Balance Mortgages

Love Where You Live with a High-Balance Mortgage.

Never sacrifice when it comes to the home you want. MCU offers high-balance loan options that allow for an increased loan limit—opening doors to home purchases in higher-income areas.

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Never Settle For Less.

A high-balance mortgage lets you go above and beyond typical loan limitations, and increased lending limits means you can secure a home with a high market value. Get the most out of your mortgage with a super-conforming loan from MCU.

We’re Ready to Help You Get Past Any Homebuying Hurdles.

Whether you’re just starting browsing for real estate in your area or have already picked out your dream home, MCU is ready to help you bring your goals to life.

Our team of Lending Sales Specialists is excited to help you find the right lending option for your unique needs, and ready to answer any questions that pop up along the way.

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Take Advantage of a Fixed-Rate High-Balance Mortgage.

Experience peace of mind knowing your rate is locked in for the full duration of your loan.

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15-Year Term

Take out a loan over a 15-year term, and experience rates as low as 6.375% APR*.

Apply Today
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30-Year Term

Take out a loan over a 30-year term, and experience rates as low as 6.875% APR*.

Apply Today

Looking for a Different Type of Mortgage?

Finding the right mortgage can be challenging. That’s why we offer our members a variety of mortgage options—all with member-friendly terms, competitive rates, and top-notch support.

Get Expert Support, When You Need It.

Connect with one of our Lending Sales Specialists to receive personalized support with all of your lending needs—just another perk of being a member of the MCU community.

Carl Gayle
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Carl Gayle

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Stephanie Rodriguez
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Stephanie Rodriguez

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Taurean Durham
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Taurean Durham

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Cesarina Pena
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Cesarina Pena

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 Arnold Allston
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Arnold Allston

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Xiang He Lin
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Xiang He Lin

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Michele Palmucci
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Michele Palmucci

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Sherry Munro
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Sherry Munro

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Jerrel Sturrup
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Jerrel Sturrup

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Stephanie Fernandez
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Stephanie Fernandez

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Emilio Sosa
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Emilio Sosa

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Warren Irons
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Warren Irons

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Shantell Wynn
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Shantell Wynn

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Gary Cotes
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Gary Cotes

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Pedro Lopez
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Pedro Lopez

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Sabrina Kilgore
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Sabrina Kilgore

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Omar Osoria
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Omar Osoria

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Adam Gonda
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Adam Gonda

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 Walter Skowronski
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Walter Skowronski

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Sean Remy
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Sean Remy

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Carlos Raposo
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Carlos Raposo

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Gabrielle Naughton
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Gabrielle Naughton

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Justyn Chery
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Justyn Chery

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Raquel Bhola
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Raquel Bhola

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Explore Additional MCU Lending Options.

We work hard to ensure that our community heroes get the financial support they deserve. Whether you're buying a home, a vehicle, or something else, MCU is here to help you along the way.

No Matter Where You Are in Life, We’re Right There with You.

At MCU, we believe that a credit union should be a lifelong source of financial education and support—from planning for college to saving for retirement and everything in between.

That’s why we have specialized recommendations for products and services designed to help you meet your goals (both short-term and down the road), based on your changing needs and priorities.

Show Me Products For My Life Right Now
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Make the Most of Your MCU Membership.

Membership in our community is about more than just banking. As an MCU member, you can access valuable information and resources to help you plan and reach your financial goals.

All about Private Mortgage Insurance (PMI)

Have you heard of PMI? PMI, short for Private Mortgage Insurance, is an insurance policy that helps protect the lender if the borrower can't pay their mortgage. ...

What to Consider Financially As A First-Time Homebuyer

So, you’re ready to buy your first home. Congratulations! For many people, taking this step is one of the biggest financial moves they will make in their entire lives. Because of ...

Mortgages 101: Getting Started on The Path to Homeownership

When you embark on the search for a new home, you may think you know the steps to take: Read the listings, visit some open houses, sign on with a Realtor, make an offer. In fact, ...
FAQs

Get Answers to Our Frequently Asked Questions.

Is there someone that can help me with questions I have?

Yes! Our team is here to help you in any way we can. Feel free to connect with one of our knowledgeable MCU Lending Sales Specialists to get your questions answered today. Call: 212-238-3521.

How do I know if I qualify for a High-Balance Mortgage?

Depending on the size of your down payment, you must have a credit score of at least 620. Your down payment must be at least 5% of the home’s appraised market value and your debt-to-income ratio cannot exceed 45%. Apply for pre-approval today to get started.

What is the limit of a High-Balance Mortgage?

You may borrow up to $970,800 for a Jumbo Mortgage for a single-family home in high-cost living areas.

Do I need a 30-month term to have a High-Balance Mortgage?

No, High-Balance Mortgages do not have to be 30 years. You can also do a 15-year term depending on your goals.

Ready to Purchase Your Dream Home?

Join now to get access to the competitive rates, savings products, and educational resources you need to secure an exceptional financial future—and the residential property of your dreams.

Join Now
Why Join?
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Disclosure:

*APR = Annual Percentage Rate. Above APRs are based on loan amounts of $580,000. Above rates are applicable to loans secured by a 1-2 Family home which is the principal residence of the borrower(s). Different rates may apply for loans secured by Co-ops, Second/Vacation homes and 3-4 Family homes. Rates may be higher based on applicant’s creditworthiness. Rates and terms are subject to change without notice. Certain restrictions may apply. For more details, see our Rates page.

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