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Traditional Mortgages
You want the security of knowing your monthly payment will stay the same throughout the life of your loan. The conventional, fixed-rate mortgage gives you a fixed monthly payment for the term you select from the Credit Union’s various term options.
Questions?
Fill out the form below, and one of our Real Estate Financial Service Reps will contact you shortly, or call use today at (419) 783-6500.
Ready to Apply?
Visit our Online Mortgage Center for current rates or to apply.
Traditional Mortgages
Info APR Our conventional, fixed-rate mortgage gives you a fixed monthly payment for the term you select from the Credit Union’s various term options. Please contact a credit union representative for rates. Annual Percentage Rate on approved credit. -
Adjustable Rate Mortgages
You are looking for the flexibility of a low initial rate that can rise or fall depending on current market rates. Adjustable Rate Mortgages (ARMs) have “caps” which limit how much the interest rate may change at a single adjustment and over the life of the loan. You can choose from a 3-year or 5-year term, and your payment is based on a term of 30 years. At the end of your loan term you can choose to refinance your loan, buy a new home, or pay it off.
Questions?
Fill out the form below, and one of our Real Estate Financial Service Reps will contact you shortly, or call use today at (419) 783-6500.
Ready to Apply?
Visit our Online Mortgage Center for additional resources and to apply.
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Home Equity Line of Credit
You want to capitalize on the hard-earned equity you have built in your home and you want easy access to your money when you need it. A Home Equity Line of Credit (HELOC) is a great option to finance a variety of needs with a goal of low payments. With a fixed term (5, 10 or 15 years) and great, competitive rates, your payment varies from month to month as you access your line.
Home Equity Line of Credit
Term Info APR* Monthly payment amount per $1,000 borrowed Non Variable – 5 Years* Up to 80% LTV
5 Year Draw PeriodRATE: 6.75%
APR: 7.002%$19.69 Non Variable – 10 Years* Up to 80% LTV
5 Year Draw PeriodRATE: 7.75%
APR: 7.888%$12.01 Non Variable – 15 Years* Up to 80% LTV
5 Year Draw PeriodRATE: 8.75%
APR: 8.852%$10.00 Read Our Home Equity Disclosure
Annual Percentage Rate on approved credit
ALL MORTGAGE APR's ARE BASED ON A $50,000 MORTGAGE AND $300 CLOSING FEE
*Other rates available on requests up to 90% LTV.
First-Time Home Buyers
Let Midwest Community’s qualified, experienced Real Estate Financial Representatives help you learn the value of establishing and maintaining good credit.
Welcome Home Fund Grants
Midwest Community works with the Federal Home Loan Bank of Cincinnati to offer our qualifying members Welcome Home Fund grants.