Buy or refinance a leasehold property
Purchase or refinance your perfect home on a Minnesota Power leasehold property.
Competitive rates
Get a monthly payment that won't break the bank.
Unique lending
Many lenders won't finance leased land. We make it happen!
Like a traditional mortgage
Long-term financing that works like a traditional mortgage.
Calculate your monthly payment
Monthly Payment
A property that works for you
With our competitive rates and terms, purchase a unique property that's right for you. We also offer refinancing options for your primary or secondary home.
Leased land financing, made simple
Buying or refinancing a home on leased land doesn't have to be complicated. Our financing is a lot like a traditional mortgage.
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 leased land property.
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3
Buy or refinance leasehold property
Use the funds to purchase or refinance your leasehold property.
Have questions? We're here to help!
Straightforward financing
Buying or refinancing leasehold property doesn’t have to be difficult.
We offer competitive rates and terms to bring your dreams to life.
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*MCCU lends to Minnesota and Wisconsin residents only and property used for mortgage security must be within the states of Minnesota and Wisconsin. Membership and loan approval is required.
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.
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