Home, without a high down payment
FHA loans are insured by the Federal Housing Administration, making it easier to qualify.1
Competitive rates
Our competitive fixed rates make payments more affordable.
Low down payment
Lower down payment options help you buy or refinance with less cash upfront.
Expanded qualification guidelines
Buyers with lower credit scores can still qualify for a loan.
Seller-paid closing costs
Don't worry, we allow seller-paid closing costs.
Expert support
Our experts know their stuff! When you need guidance, count on us.
Friendly service
Visit us at a branch, by phone, or online! You’ll enjoy our friendly member-focused service.
Calculate your monthly payment2
Monthly Payment
You don't need 20% down
With low down payment options, you don't have to save for years or drain your bank account to buy or refinance a home.
No perfection required
FHA loans are a great option for eligible borrowers with less-than-perfect credit.
Trust is a top reason members choose Members Mortgage.
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1
Complete an application
Apply online, over the phone, in person, or through video banking.
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2
Get approved or pre-qualified
We’ll let you know if you’re approved or pre-qualified to refinance or purchase.
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3
Buy or refinance your home
Use the loan funds to purchase or refinance a home.
Have questions? We're here to help!
Home ownership, within reach
It doesn’t take perfect credit and a high down payment to purchase a home. With an FHA loan, buy or refinance without breaking the bank.
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1 FHA loans are Federal Housing Administration-insured mortgages, and they are subject to FHA loan-specific eligibility requirements, limitations and restrictions.
2 The calculator is provided for informational purposes only and any calculation is solely an estimate based on the information you provide. Contact Members Cooperative Credit Union at 1-800-296-8871 for more information.Members Cooperative Credit Union lends to Minnesota and Wisconsin residents only and property used as mortgage security must be within the states of Minnesota and Wisconsin. Membership and loan approval required. Restrictions apply.
Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, and income of applicants and borrowers; and information about loan approvals and denials. Inquire at any branch office regarding the locations where HMDA data may be inspected.
Use of online or other electronic services may require specific hardware and software and your agreement to certain terms and conditions. Access is subject to the availability of the internet, cellphone and network coverage and plans, and typical service interruptions stemming from your providers or the credit union’s providers.
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