Ready to get your first home loan? Looking for affordable rates on your home home? Are you ready to take the exciting leap into homeownership? MMCCU is excited to introduce our brand-new First-Time Homebuyer Loan, designed to make your home-buying journey smoother and more affordable.
Low Down Payment: With our First-Time Homebuyer Loan, you’ll only need a 3.5% down payment based on the lesser of the purchase price or appraised value. This means you can get closer to owning your dream home with a minimal upfront cost.
No PMI Required: Say goodbye to Private Mortgage Insurance (PMI). MMCCU’s First-Time Homebuyer Loan eliminates the need for PMI, saving you money and making homeownership even more accessible.
Flexible Mortgage Options: Whether you prefer a balloon payment or a fixed-rate mortgage, we’ve got you covered. Choose the option that suits your financial goals and lifestyle.
Membership Eligibility: To take advantage of this fantastic opportunity, you’ll need to become an MMCCU member. Our membership is open to those who meet our eligibility criteria, ensuring that our First-Time Homebuyer Loan is available to those who need it most.
Not for Refinancing: Please note that this loan is exclusively for purchasing your first home. Refinancing, second homes, vacation homes, and investment properties are not eligible.
Standard Underwriting Guidelines: Rest assured that our loan follows standard mortgage underwriting guidelines, providing you with a transparent and straightforward application process.
Are you ready to make homeownership a reality? Contact us today to learn more about MMCCU’s First-Time Homebuyer Loan and take the first step toward securing your dream home. Your journey to homeownership starts here!
Disclaimer: Terms and conditions may apply. Membership eligibility required.
