MCU - Members Credit Union

Whether you're buying a brand new home, or getting a pre-owned model, one of the most nerve-wracking parts of the whole process is getting a mortgage loan. Well, at Members Credit Union, we're here to help.

At MCU, we have an on-site mortgage representative, who can make the whole process very easy!.

But if you're in a really big hurry, we have some really great news for you. Mortgages in Minutes, the realtime way to get a 3-minute mortgage pre-approval, anytime day or night, 365 days a year.

Just click on the "Apply" button above, and you'll get instant access to information about the mortgages we offer, all sorts of handy calculators, a glossary of terms, and more. Have questions? You’ll find a sophisticated online “loan consultant” that takes you through an interview process and leads you to a matrix of several loans—one of which will likely fit your life, needs and circumstances.

But the really great part is, once you’ve decided which mortgage you want, you’ll be able to apply online and get a firm loan commitment within 3 minutes. Yes, you heard right, 3 minutes, not 3 weeks. Once you’ve been approved, your MCU Mortgage Representative will contact you within one business day to start processing the loan.

Take a cruise. Fix up the house. Buy a car. Whatever! Use the money for any reason you want – and your interest payments may be tax deductible. Using the equity you’ve built up in your home is a smart way to fund those needed repairs, and needed desires.

To calculate the amount of your equity available in your home, use the following formula:

Market Value of Home:		$

* 80% -		$

Total liens against home:		$


Amount of Equity Available in Your Home:		$

Just use your recent tax statement value to calculate the above equity. If you don’t have enough equity to meet your needs, we can obtain an appraisal from a certified appraiser for around $350. Homes normally appraise for more than their tax value, so this could be money well spent.

Getting a home equity loan is easier than you may think, and we can give you an immediate decision over the phone or in person. Plus, you know the interest rate will be one of the lowest around, and you won’t get surprised by a bunch of closing costs or fees.

How to get started? Just click the Apply button above.