The MCU Mortgage Center | Municipal Credit Union

We're More Than Just Great Rates

We understand that buying a home is more than just great rates. That's why we created the MCU Mortgage Center—your one-stop destination for all things homebuying to guide you through every step of the homeownership journey.

From expert coaching to valuable rewards and resources, we're here to simplify the process and make your dream home a reality.

Take the first step today and make a smart move with MCU.

MY MCU HOMEBUYER BENEFITS:

BUY A HOME WITH AS LITTLE AS 3% DOWN
Start your journey today with a minimal upfront investment.

QUALIFY FOR A 0.25%* DISCOUNT
Members who have not owned a property in the last 3 years are eligible for a discount of 0.25%* off mortgage rates.

RECEIVE UP TO $20,000 IN FINANCIAL ASSISTANCE
Experts help you apply for grants from the Homebuyer Dream Program® that you can use for a down payment, closing costs, and more.

PAY NO APPLICATION FEES
Save up to $900 in application fees for a limited time!

LOCK IN GREAT RATES
Secure affordable rates that maximize your buying power and peace of mind.

EARN REAL REWARDS WITH REAL RESULTS
Connect with a network agent to find your home, gain access to current MLS listings, and earn HomeAdvantage® Cash Rewards!

CHOOSE FLEXIBLE LOAN TERMS
With 10, 15, 20, and 30 year term options, you can pick a plan that aligns with your goals and lifestyle.

COUNT ON TOP-TIER MEMBER SUPPORT
Make an appointment today and partner with an expert who will guide you through every step of your homebuying process.

MANAGE YOUR ACCOUNT WITH A TOP-RATED APP
Easily access and manage your mortgage anytime, anywhere.

ACCESS A VARIETY OF FLEXIBLE MORTGAGE OPTIONS
Explore Conventional, Jumbo, High-Balance, Adjustable Rate, Investment and Multi-Family Unit Mortgages

GET STARTED

Today's Rates

APPLY FOR MORTGAGE

10-Year Term

as low as

5.625 %

_APR*

15-Year Term

as low as

5.750 %

_APR*

20-Year Term

as low as

5.875 %

_APR*

30-Year Term

as low as

6.500 %

_APR*

*APR = ANNUAL PERCENTAGE RATE. (EXPAND TO READ MORE)

THE ABOVE PAYMENT EXAMPLES DO NOT REFLECT AMOUNTS DUE FOR TAXES, HOMEOWNER'S INSURANCE AND PMI INSURANCE (PMI INSURANCE WILL BE REQUIRED IF YOU ARE BORROWING MORE THAN 80% OF THE APPRAISED VALUE OF THE PROPERTY). THEREFORE, YOUR ACTUAL PAYMENT OBLIGATIONS WILL BE HIGHER.

Above APRs are based on loan amounts of $280,000. 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.

Explore Flexible Mortgage Options

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

Jumbo Mortgages

Purchasing a luxury home or higher-priced property? A Jumbo Mortgage may give qualified borrowers a higher lending limit—up to $1 million.

LEARN MORE

Conventional Mortgages

Looking for competitive interest rates and money-saving benefits? Choose flexible terms with fixed-rate options for predictable payments and affordable budgeting. Plus, no extra appraisals are required like federal-backed loans.

LEARN MORE

Adjustable Mortgages

Want the best of both worlds? Our Adjustable Rate Mortgages combines the benefits of fixed and adjustable rates into one great loan option.

Mortgage Loan Officer

NMLS ID: 1591375

Schedule Appointment

FAQs

Get Answers to Our Most Frequently Asked Questions.

Is there a cap on how much I can borrow with a conventional loan?

Yes. A conventional loan will allow you to purchase a home for up to $647,200 in most counties and up to $970,800 in high-cost counties.

What type of documentation do I need for a conventional loan?

When you’re ready to apply for a conventional loan, it’s a good idea to have these documents ready to go:

Tax returns
Pay stubs, W-2s or other proof of income
Bank statements and other assets
Credit history report
Gift letters
Photo ID
Renting history
Debt history

Can I only buy certain types of homes with a conventional loan?

You are not limited in the types of homes you can buy with a conventional loan. You can buy a single-family house, condo, apartment, etc.—it’s up to you!

What is the primary benefit of conventional loans?

The primary benefit of a conventional loan is its ability to reward borrowers with good-standing credit with a much lower interest rate throughout the loan term.

How much of the down payment do I need for a conventional loan?

You will find that the minimum down payment for a conventional loan is 3%. However, those with lower credit or higher debt-to-income ratios may be required to put down a more significant initial down payment.

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