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Mortgage Loans                                                                               

Mortgages You Can Live With From Someone You Trust!
Your Credit Union’s Mortgage Center offers the best rates and products around.
 

Free Pre-Approval

What can be better than getting Pre-Approved with no up front costs while you shop for your dream home? Your Pre-Approval is an essential tool when shopping.

Your Pre-Approval will...

• Determine what homes are in your price range;                                                                     
• Assure real estate brokers and sellers that you are a qualified buyer;
• And can be used to your advantage in future negotiations.
   

New Purchase

Your new purchase can be fast and easy. Our mortgage experts have years of experience making the mortgage process flow smoothly.

• Second Saver - No PMI Option
• Flexible Down Payment Options
• Various Term Fixed Rate Options
• Balloons
• First Time Home Buyer
• Interest Only
• Adjustable Rates
• Jumbo Loans
   

Refinance

Our experts will help you determine if refinancing is right for you. If it's time to refinance, you could lower your monthly payment, consolidate debt, shorten the term of your mortgage, and even take out some extra cash.
 

CONSTRUCTION & VACANT LAND LOANS

Ready to build that dream house? Your Credit Union's Mortgage Center is the first call to make. We can provide the financing for both the land to build on as well as the entire construction project. Our construction loan lets you build your home on a draw basis by funding the stages of construction as they are completed. We even have the self build option for those who want to act as their own general contractor. So when you're ready, we'll be here every step of the way.
 

Consult one of our Loan Officers today!
Call 888.562.6865 or CLICK HERE TO visit our Mortgage Center online today! 

Home Equity Loans

Take advantage of the equity in your home by using it as collateral for a home equity loan. Community Alliance Credit Union offers two programs to meet your needs.

Line-of-Credit Program

• Credit limits up to 80% of the appraised value (less first mortgage).
• Please contact the Credit Union for details on rates and repayment terms.
   

Fixed Rate Closed-End Loans

• Credit Limits up to 100% of the appraised value (less first mortgage).
• Please contact the Credit Union for details on rates and repayment terms.
   

Both Programs

• Minimum limit of $10,000 and maximum of $150,000.
• No application Fees
• No Annual Fees
• Tax Break (For more information, consult your tax advisor)

Not sure which way to go?  Talk with one of our Member Service Representatives today to get you in the right direction.

Application rate varies depending on member's credit qualifications.  Credi limit based upon credit qualificaitons and loan-to-value ratio (up to 100% of fair market value of Michigan primary residence less other leins). Terms are subject to change without notice.  Property, title and/or flood insurance, if applicable are required.