Last Updated: 04/18/2025
Consumers Credit Union Home Mortgage
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Last Updated: 04/18/2025
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Highlights
Credit Score Range
680 - 840
Amount Range
N/A
Loan Term (Years)
10 - 30
Consumers Credit Union Home Mortgage Review
Consumers Credit Union Home Mortgage is offered by Consumers Credit Union , a credit union founded in 1930 and based in Lake Forest, IL. Consumers Credit Union mortgage are available in 50 states and Washington, DC.
Key Takeaways
- Wide selection of mortgage programs offered. Consumers Credit Union Home Mortgage offers FHA, USDA, VA, conforming, and conventional mortgages.
- Financing for a variety of property types. Offers home loans for manufactured, single, and multi-family homes.
- Standard interest rates types.
- Only primary residences considered. Consumers Credit Union Home Mortgage does not offer financing for vacation homes or investment properties.
- Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
- Good credit required. You will need a credit score of at least 680 to qualify.
Consumers Credit Union Home Mortgage Pros & Cons
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Consumers Credit Union mortgage FAQ
What is the maximum loan term you can get with Consumers Credit Union mortgage?
Consumers Credit Union mortgage offers mortgages with terms ranging from 10 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What mortgage rates does Consumers Credit Union offer?
Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.
Do they charge mortgage origination fees?
Yes, Consumers Credit Union mortgage may charge a loan origination fee .
What mortgage programs are available?
Besides conventional mortgages, Consumers Credit Union mortgage offers the following mortgage types:
- FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
What property usage types does Consumers Credit Union mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Consumers Credit Union mortgage allows the following property usage types:
- Primary home
What is the customer service phone number?
The customer service number for Consumers Credit Union Home Mortgage is .
What is the support contact email?
The support contact email for is ccuinfo@myconsumers.org.
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Hours of Operation
Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 6:00PM
Saturday
9:00AM - 1:00PM