Products & Services


Open the door to home ownership with an MCU Mortgage.

We have the mortgage loan options to suit your goals and budget.

Features & Benefits:

  • Adjustable Rate Mortgages (ARM) – 5/6, 7/6, 10/6
  • Conventional
  • Jumbos - borrow up to one million dollars
  • High-Balance – higher loan amounts based on high-cost area limits
  • Fixed home equity loans
  • Financing for 1 to 4 Family homes, Co-op and Condo loans available
  • Investment Property Loans
  • No Pre-Payment Penalties on our Conventional Loan product
  • Dedicated Mortgage Team to work with you throughout the process
  • Closings scheduled at most branch locations

Notices of Errors and Information Requests pertaining to your MCU Mortgage or Home Equity accounts must be put in writing and sent to the following address:

  • Municipal Credit Union
  • P.O. Box 1002
  • Church Street Station
  • New York, NY 10008 – 1002

Call 212-238-3521 to speak to an MCU Mortgage Specialist

Buying a home is an exciting milestone in a person’s life. However, for first-time homebuyers, the process can be confusing and understanding the expenses involved and how to obtain a mortgage can be overwhelming. Luckily, MCU and our team of Mortgage Loan Specialists are here to help walk you through the first-time home buying process.

Call 212-238-3521 to speak to an MCU Mortgage Specialist

Refinance your home and lower your mortgage payments with MCU.

Features & Benefits:

  • Lower your monthly payment
  • Reduce your interest rate
  • Pay off your mortgage sooner
  • Convert to a fixed-rate mortgage
  • Pay for a major purchase or expense

Call 212-238-3521 to speak to an MCU Mortgage Specialist

Our Mortgage team is here for your mortgage needs.

  • Mortgage Loan Specialists are available for appointments Monday-Friday, 9:00 AM-7:00 PM
  • Spanish speaking Mortgage Loan Specialists available.
  • Visit our online Mortgage Calendar to schedule an appointment to speak to a Mortgage Loan Specialist about a purchase or refinance.

If you are having trouble making your MCU mortgage loan payments, we may be able to find a solution to help you prevent foreclosure.


When you are having trouble making your mortgage payments, the sooner you get in touch with us the better. If you qualify for hardship assistance, there are several options available:
  • Repayment Plan — A fixed amount of time is given for you to repay the amount you are behind by adding a portion of what is past due to your regular payment.
  • Forbearance — Mortgage payments are reduced or suspended for a short period of time. You resume making your regular payments as well as a lump sum payment or additional partial payments for a number of months to bring the loan current.
  • Loan Modification — One or more of the terms of your mortgage contract are permanently changed to make your payments more manageable for you.
  • Short Sale — The lender agrees to the sale of your property even though the balance does not cover the debt owed.
  • Deed-in-Lieu-of Foreclosure — With your servicer’s agreement, you voluntarily transfer property title to the servicer, in exchange for cancellation of the remainder of your debt.

Getting Started

To request Hardship Assistance:
  1. 1. Contact us by calling 212-238-2370
  2. 2. You will be required to fill out and return a Borrower Response Packet
  3. 3. We will evaluate your situation and determine if you qualify. If you meet the eligibility criteria, you will be offered a Trial Period Plan.
  4. 4. If you do not qualify for a loan modification, we will work with you to explore other options available to help you keep your home or ease your transition to a new home.
Beware of Foreclosure Rescue Scams

Scam artists are stealing millions of dollars from distressed homeowners by promising immediate relief from foreclosure, or demanding cash for counseling services when HUD approved counseling agencies provide the same services for FREE. Read more

30 Year Term - 360 Payments6.540%
Home Equity Line Of Credit2.99%

Visit our Rates page for more information

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Routing Number: 226078036

NMLS #:184286

  • ncua Federally insured by NCUA. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.