Mortgages

It's not just a mortgage loan. It's a, "Getting the keys to our next adventure", loan.

First Home Loan Rates as low as 6.33% APR*

First, second or third place... we'll help you get it.

Whether you are upgrading, downsizing, or looking for something new, we’ve got the affordable home financing to turn your plans into reality.

$900 Off Closing Costs.

We are celebrating 90 years of joy with $900 off* closing costs when you apply now through August 31, 2026!

Put the extra $900* toward moving day, new furniture, those first few touches that turns the house into your home or anything that brings you joy.

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3 easy steps to get started with your Mortgage Loan:

Submit a request to be contacted to schedule an appointment with one of our Mortgage Loan Officers

Using our Home Loan Checklist, compile the information needed to start your loan request

Prepare for your home purchase and understand the mortgage process with our free Homebuyer Course

Up to $20,000* for Your Down Payment

The Launch Down Payment Assistance program provides up to $20,000 in assistance* to help eligible first-time homebuyers cover down payments, closing costs, and housing counseling.

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Fixed Rate Conventional Mortgage

These mortgages have a rate and monthly payment that stay the same throughout the lifetime of the loan.

First Time Buyer Programs
Low down payment program options
We offer fixed rate mortgages with a variety of term options
See today’s fixed mortgage rates

A Good Option If:

You want consistent monthly payments that will not change
You plan to stay in your home for several years

Home Loan Checklist Mortgage Payment Calculator

First-Time Conventional Financing Homebuyer Program

We offer educational resources to help you better understand the home buying process. Sit down one-on-one with a member of our mortgage team and get personalized solutions to help put you in the best place to make an offer.

Available to first-time homebuyers
$300 off of closing costs

Get Started & Apply

HomeView™: A Clearer Path to Homeownership

When it comes to buying a home, it can be hard to know where to start. We’re here to help with HomeView™. HomeView™ is a comprehensive first time-time homebuyer course from Fannie Mae, available in both English and Spanish, that provides you with information on the next steps towards homeownership. Learn how to:

Save and prepare for your home purchase
Work with lenders and real estate professionals
Understand the mortgage process

Home Ownership Course

Exclusive Zero Down Purchase Mortgage

Ready to put down roots – but that down payment is just out of reach and keeping you from realizing your dream home? We want to help you find joy in homeownership with a budget-minded solution. With no down payment required you’ll just cover closing costs and prepaid expenses, making owning your own home possible and within reach.*

Finance up to 100% of the purchase price to get you in your home faster and keep more money in your pocket.

No down payment required
No private mortgage insurance (PMI) needed
Fixed rate mortgage with a variety of term options available
Conventional financing program
Gift funds and Seller Concessions permitted**

*All loans subject to credit approval. Our Exclusive Zero Down Purchase Mortgage only available for applicant’s primary residence in Michigan with a maximum loan amount of $300,000. Eligible property types include single family detached homes or manufactured homes that are 10 years old or newer (excludes single-wide homes).Cannot be combined with other offers, including but not limited to the $300 First Time Homebuyer closing cost credit. Terms and Conditions are subject to change. Other restrictions may apply.

**Minimum $1,000 borrower contribution.

Refinance Your Mortgage

Free up some cash or shorten the life of your mortgage.

Take cash out from the equity in your home for college education, weddings, new home additions, other higher rate debt consolidations
Refinance to a better rate to lower your monthly mortgage payment
Refinance to a new shorter-term loan to build equity faster

Construction Mortgage Program

Are you planning to build your dream home? Members First has a Construction Mortgage Program designed to help you bring your vision to life with ease and flexibility. This two-close financing solution has two stages.

Construction Loan

Finance up to 90% of the project cost or appraised value, whichever is less with this first loan.
Up to 12 months while construction is being completed.
Interest-only payments each month during the construction period.

Fixed-rate Mortgage Loan

After construction has been completed, our second closing process allows you to transition to long-term financing.
Choose from a 15, 20, or 30-year fixed-rate mortgage loan.
Rates are determined by market conditions upon project completion.

To learn more about our construction financing, please contact us or apply to get started.

First Mortgages

Effective Date: Friday, June 5th, 2026

Please contact us or stop into a branch to verify the current rate.

Terms	Interest Rate	APR as low as**	Payment per $1,000
30 Year	6.375%	6.46%	$6.25
20 Year	6.375%	6.49%	$7.39
15 Year	5.875%	6.02%	$8.37
10 Year	6.125%	6.33%	$11.17
Rural Development	Available upon request	Available upon request	Available upon request
Payments do not include taxes and insurance. Actual payments may be higher. **APR = Annual Percentage Rate. Rates featured are listed “as low as” and could be different based on creditworthiness, qualifications and collateral conditions. All rates are subject to change.
Mortgage Calculator

Home Equity Line of Credit (HELOC)

Use the equity in your home to pay-off high interest debt, make needed renovations, or cover anything else on your list — from life’s big moments to everyday goals. Contact us, stop by your nearest branch, or schedule an appointment to get started.

Learn More

Our Mortgage Team

Members First Credit Union NMLS #440786

Dallas Gerow

NMLS #573109

855.835.6328 ext. 1246

dgerow@mfcu.net

Erin Morin

NMLS #2174218

855.835.6328 ext. 3556

emorin@mfcu.net

Melissa Syring

NMLS #991485

989.423.9792

msyring@mfcu.net

Samantha Aguilar-Stevens

NMLS #187159

855.835.6328 ext. 3432

SAguilarStevens@mfcu.net

NMLS Listing

NMLS #433133 Lisa Shoemaker, Vice President of Lending
NMLS #1496457 Amanda Ludlum, Real Estate Lending Leader
NMLS #2068151 Courtney Curnutt, Real Estate Lending Manager I
NMLS #824420 Ann Kwast, Post Closing Mortgage Specialist
NMLS #1723227 Laura Bailey, Mortgage Loan Processor II
NMLS #2370429 Tracy Saperstein, Mortgage Admin
NMLS #2544761 Jean Tinsley, Mortgage Loan Underwriter
NMLS #2590198 Angela Hathaway, Mortgage Closer

In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. Submit a complaint of discrimination by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity, 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, or email crcomplaints@treasury.gov.

Mortgage Calculator

This mortgage calculator serves as a powerful tool to estimate the total expense associated with your home purchase. Input the home price, down payment amount, loan term, and interest rate to see the total financial commitment required for different home values. With just a few clicks, you'll have a clear understanding of the long-term financial implications of your mortgage.

Disclaimer

While we hope you find this content useful, it is only intended to serve as a starting point. Your next step is to speak with a qualified, licensed professional who can provide advice tailored to your individual circumstances. Nothing in this article, nor in any associated resources, should be construed as financial or legal advice. Furthermore, while we have made good faith efforts to ensure that the information presented was correct as of the date the content was prepared, we are unable to guarantee that it remains accurate today. Neither Banzai nor its sponsoring partners make any warranties or representations as to the accuracy, applicability, completeness, or suitability for any particular purpose of the information contained herein. Banzai and its sponsoring partners expressly disclaim any liability arising from the use or misuse of these materials and, by visiting this site, you agree to release Banzai and its sponsoring partners from any such liability. Do not rely upon the information provided in this content when making decisions regarding financial or legal matters without first consulting with a qualified, licensed professional.

The above disclaimer pertains to Members First Credit Union and all Members First’s partners.

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