5 Reasons to Use a Credit Union for Your Mortgage

Midwest Community Mortgage Contact Form

  • For the best ways to contact us about specific issues, please select a topic from the drop down menu.

If you know anyone who has recently tried to buy a house – good luck! Due to the economy, interest rates are climbing, and it is difficult to find a good interest rate in this market. While there are many options for acquiring a mortgage, people often forget that their best option is through a credit union. According to Life Tracker, credit unions have a variety of options that can better suit potential homeowners.

Credit unions have gained popularity for being a trusted source for mortgages. Credit unions accounted for 9 percent of all mortgage originations. What makes credit unions different than banks is that credit unions are not-for-profit organizations that have specific membership requirements. Credit union members are the collective owners of the institution, so they are owned by the people that utilize them. Credit unions typically offer lower rates, easier approvals, greater personalization, and so much more.

Mortgages are a big undertaking, so making sure you secure the best deal is important. Do your research to see which credit union around you has the lowest interest rate.

Another way to improve your chance to receive a low-interest rate for your mortgage is to improve your credit score. Check your credit report using a free website to understand your current score and how many accounts you have open. A great way to make on-time payments is to utilize the automatic payments option. Some companies even offer a discount if you sign up for automatic payments.


Five Reasons to Use a Credit Union for your Mortgage

  1. Easier Approvals. Credit unions are focused on member needs, and they will work with you to find the best option that fits what you are looking for. For people with limited credit history or poor credit, credit unions go above and beyond to get you the rate you need to secure your dream home.
  2. Better Rates. Credit unions are known for offering competitive rates on their mortgages. Always shop around before making a final decision. Different credit unions can offer different programs that can save you several percentage points on your rate.
  3. Fewer Fees. Credit unions are designed to serve the interests of their members, so they typically have fewer and lower fees than other mortgage lenders.
  4. Faster Closing. Credit unions can move more quickly when it comes to acquiring a mortgage. This is because credit unions are locally-based organizations that put members’ needs first.
  5. Friendlier Service. Because credit unions are local, they offer customized service that is focused to fit your needs. You are not just a customer or a number at a credit union, and it shows with the fast and friendly service available.
Contact Midwest

Member Benefits

Midwest Community MC Online

MC Online

  • Your money, on your schedule
  • Easily set up account and service alerts to help manage money and avoid fees
  • Latest in technology to keep your information secure
Learn More
Midwest Community Mobile App

MC Mobile

  • Securely access your accounts from your mobile device any time, anywhere
  • Pay bills, make deposits, pay friends, move money & more
  • Smart financial management and account protection with account alerts
Learn More
Midwest Community Debit Credit Cards

Debit & Credit Cards

  • Fast, convenient, easy access to your funds or line of credit
  • Security at your fingertips with Debit Card Freeze
  • No annual fees
  • Stay informed with VISA Debit & Credit Alerts
Learn More
Midwest Community Membership

You’re More Than an Account Number

  • Our goal is to help you achieve yours
  • More than a bank, we guide members to financial health
  • Access to Investment services/Retirement planning
Learn More
Midwest Community Personal Attention

Personal Attention, National Scale

  • Easy access to your money, at the branch and beyond
  • One stop, full-service
  • Access to 5,000+ Shared Branches through Shared Branching Co-Op
  • 12,000 free ATMs across the country through Alliance One
Learn More
Midwest Community Competitive Lending

Competitive Lending

  • Better rates, better future, better life
  • Personal & Business Loans
  • Private Student Loans & Consolidation Loans
  • Mortgage & Home Equity Loans
Learn More

Start Today.

Manage your money, the way you want!

Get Started

Learn More

We are growing!

Imagine the possibilities. At Midwest Community, we are well-known for advancing our employees and promoting from within at all levels of the organization. Take the first step in starting your career and grow with us!

Float Member Service Representatives may have days scheduled at any location (Defiance, Bryan, Napoleon). Computer literacy is required and cash handling or banking experience is preferred.

Starting pay is $17.44 an hour
$19.62 an hour after 180 days of service
$21.79 an hour after 1 year of service

Please see the job overview for a list of duties. Resumes may be submitted to Sondra Manon at smanon@midcomm.org.

All are welcome. Midwest Community Federal Credit Union is an Equal Opportunity Employer.

Investment Representative

The primary purpose of this position is to assist Midwest Community Federal Credit Union by delivering outstanding service to both internal and external members. A key element of excellent service is to identify the financial needs of each member and recommend an appropriate credit union solution. In addition, receives members in person and by telephone. Helps Member Investors reach financial goals utilizing our consultative sales process. In addition, responsible for ensuring that outstanding service is delivered to both internal and external members. A key component of this service is to provide proactive guidance on investment solutions via a needs-based consultative selling approach to both current and prospective Members who have placed an inbound call or referral to the Investment Representative.

For more details, please contact lfrysinger@midcomm.org.

Midwest Community Federal Credit Union is an Equal Opportunity Employer.

Member Service Representative

Midwest Community Federal Credit Union is looking for a Member Service Representative to process transactions, accurately perform end of day balancing procedures, follow company policies and utilize the core data processing system and various software applications, including electronic banking services. We are seeking candidates who are punctual, honest, friendly, and have outstanding communication skills. Please see the job description for a full list of duties. Resumes may be submitted to Sondra Manon at smanon@midcomm.org.

Midwest Community Federal Credit Union is an Equal Opportunity Employer.

Thanks for looking!

Unfortunately, there are no openings at this time.

Be sure to check back later or follow us on
social media for hiring announcements.