Home Loans

Mutual Savings Credit Union offers a variety of home loans.

From fixed-rate mortgages to home equity
lines of credit (HELOC), we’ve got you covered.

Home Loans

Mutual Savings Credit Union offers a variety of home loans.

From fixed-rate mortgages to home equitylines of credit (HELOC), we’ve got you covered.

Home Equity Line of Credit (HELOC)

Want to make some home improvements? Like the idea of a flexible payment? Use the equity in your home to make large purchases or make the home improvements you’ve always wanted.

  • Interest-only home equity line of credit.

  • No closing costs for a loan advance of $15,000 or higher. If loan is paid in full or principal balance within one year of the loan, closing costs will be assessed.

  • You’ll enjoy the wonderful flexibility of an interest-only loan.
  • Draw for 10 years on your equity and repay over a 15-year period.

  • Each month your minimum monthly payment is the interest on the outstanding balance but you can pay more.

  • Up to 90% home value is available.

Home Equity Line of Credit (HELOC)

Want to make some home improvements? Like the idea of a flexible payment? Use the equity in your home to make large purchases or make the home improvements you’ve always wanted.

  • Interest-only home equity line of credit as low as 4.00% APR.

  • No closing costs for a loan advance of $15,000 or higher. If loan is paid in full or principal balance within one year of the loan, closing costs will be assessed.

  • You’ll enjoy the wonderful flexibility of an interest-only loan.
  • Draw for 10 years on your equity and repay over a 15-year period.

  • Each month your minimum monthly payment is the interest on the outstanding balance but you can pay more.

  • Up to 90% home value is available.

Adjustable Rate Mortgages

Purchase your dream home with an adjustable rate mortgage at Mutual Savings. Our adjustable rate mortgages offer rates and terms designed for you to buy the house you want. Benefits include:

  • Because of the lower up-front rate, you can buy more house.

  • No negative amortization.

  • No prepayment penalties.

  • No private mortgage insurance and only a 10% down payment.

  • Start with a lower starting rate and monthly payment.

  • MSCU offers a 30 year amortization.

  • Up to 90% home value is available.

Finance your new home with an adjustable rate mortgage today.
Call 1-800-950-6728 to speak with a member service representative.

Fixed-Rate Mortgages

Mutual Savings currently offers a 10-year or 15-year fixed-rate mortgage. A fixed-rate mortgage benefits you by:

  • Allowing you to pay your mortgage off quickly.

  • Offers peace of mind knowing that your payment will be the same month-to-month.

  • Building equity in your home faster.
  • No origination fees on our 10-year fixed mortgages.

  • Up to 90% home value is available.

Click here to see our current Fixed Rate Mortgages rates. We look forward to helping you get into the home of your dreams.

Fixed-Rate Mortgages

Mutual Savings currently offers a 10-year or 15-year fixed-rate mortgage. A fixed-rate mortgage benefits you by:

  • Allowing you to pay your mortgage off quickly.

  • Offers peace of mind knowing that your payment will be the same month-to-month.

  • Building equity in your home faster.
  • No origination fees on our 10-year fixed mortgages.

  • Up to 90% home value is available.

Click here to see our current Fixed Rate Mortgages rates. We look forward to helping you get into the home of your dreams.

You’re Welcome Here

Ready to get started?
At Mutual Savings Credit Union, we can fit your needs with our various loan types. With affordable monthly payments, let us work harder for you.