What is the maximum loan term you can get with Members First Credit Union First Mortgages?

Members First Credit Union First Mortgages 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 range of rates does Members First Credit Union First Mortgages offer?

Members First Credit Union First Mortgages offers home loans with APRs starting at 2.122% .

Does Members First Credit Union First Mortgages charge prepayment fees?

No, Members First Credit Union First Mortgages does not charge prepayment fees. This means you will not have to pay additional fees if you decide to repay the mortgage early.

What mortgage programs does Members First Credit Union First Mortgages offer?

Members First Credit Union First Mortgages offers the following mortgage types:

• Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
• FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.

What property usage types does Members First Credit Union First Mortgages allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Members First Credit Union First Mortgages allows the following property usage types: 

• Primary home