Fixed-Rate Mortgage
Trendy loft to classic colonial. New construction to fixer-upper. You pick the perfect Michigan or Florida home and we'll make sure you end up with a loan that's just right for you.
Time to make your move. Let us help put the pieces in place.
- Competitive interest rates and low closing costs
- An easy application process with quick approval
- Local Mortgage Consultants offer step-by-step guidance and free consultations
- Monthly or bi-weekly payment options
- Refinancing options available
At Michigan Schools and Government Credit Union, we're happy to offer advice about how to finance your new home. And if questions arise months or years down the line? Rest assured that from your first payment until your last, you'll work with our qualified team for any of your mortgage needs.
READY TO GET STARTED?
| Fixed-Rate Mortgage | ||||
| Available for terms up to 30 years. Here are just a few examples of the great rates we currently offer. | ||||
| Term | Rates as low as | Points | APR* | Payment* |
| 30 Year | 6.750% | 0.530% | 6.866% | $1,297.20 |
| 20 Year | 6.500% | 0.109% | 6.610% | $1,491.15 |
| 15 Year | 6.125% | 0.346% | 6.278% | $1,701.25 |
| 10 Year | 5.875% | 0.489% | 6.121% | $2,207.88 |
*APR = Annual Percentage Rate. The payment is based on a loan amount of $200,000 and consists of principal and interest. The payment does not include taxes and insurance premiums. The actual payment amount will be greater. | ||||
Learn more about mortgages in this 5-minute lesson.
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