Find Your Dream Home!
Buying a home can be a confusing and expensive process. All the more reason to turn to a source you can trust for your financing! Michigan Educational Credit Union is pleased to offer competitive rates on a variety of mortgage options. Our on-site Member Mortgage Services representatives will help guide you through the mortgage process. They can even pre-approve you for your loan before you start house hunting to put you in a better position to make a serious offer on a home.
We have mortgage representatives available at our Plymouth, Livonia, and Ann Arbor offices. Appointments may also be arranged at our other office locations.
To speak with a mortgage representative or schedule an appointment, please call any of the following offices:
- Plymouth (734) 416-5076
- Livonia (734) 261-6550
- Ann Arbor (734) 761-7505
If you would like to apply online, please click here.
If you would like to make a mortgage payment, click here.
|Home Mortgage Rates|
|Effective Date: 12/03/2021|
|30 year fixed||as low as 3.000%||3.251%||2 pts|
|30 year fixed||as low as 3.500%||3.596%||0 pts|
|20 year fixed||as low as 2.875%||3.228%||2 pts|
|20 year fixed||as low as 3.250%||3.381%||0 pts|
|15 year fixed||as low as 2.375%||2.821%||2 pts|
|15 year fixed||as low as 2.875%||3.038%||0 pts|
|10 year fixed||as low as 2.375%||3.028%||2 pts|
|10 year fixed||as low as 2.875%||3.113%||0 pts|
|3/1 ARM||as low as n/a|
|5/1 ARM||as low as n/a|
|7/1 ARM||as low as n/a|
|Rates are based on credit score, Loan-to-Value, Loan term, and other factors that may affect rate. All rates are subject to change at any time and without notice.|
APR assumption based on: 80% Loan To Value/Escrow Account.
*APR = Annual Percentage Rate
For more detailed information or to speak with a licensed Mortgage Loan Officer, please call any of our branch locations.
Home Mortgage Disclosure Act (HMDA) data is available on the Bureau's Web site at www.consumerfinance.gov/hmda.