Mortgages

Lake Michigan Credit Union believes in the power of home.

We get it. Owning a new home is one of life’s most exciting milestones, and one of the largest purchase decisions you’ll ever make. It’s about drawing on the power to dream, and to make that dream a reality. With great mortgage rates we help turn renters into homeowners, growing pains into growing gains, and silver anniversaries into golden years.

Whether your plans include purchasing, building or refinancing – our great rates and competitive closing costs combined with a comprehensive selection of lending products make LMCU the Best Place for Your Mortgage.

Our dedicated mortgage staff is here for you every step of the way and LMCU continues to provide great service for the life of the loan.


Guaranteed low mortgage rates

No matter what you find elsewhere, we’ll refund you $300 at closing if we can’t beat your best competitive offer. Compared to traditional banks, you’ll pay less on your loan rate, less on your closing costs, and less in expenses over the life of the loan.


Purchase ›

Choose from a wide range of attractive mortgage programs, all designed to get you into the home of your dreams, on your terms.

  • Low down payment programs
  • Programs to meet any need – up-to 100% financing
  • Variety of terms

Refinance ›

Whether you're looking to lower your monthly payments, make renovations, or take advantage of your home's equity to finance a major purchase, refinancing your home with us is a great option.

  • Low fixed and adjustable rates
  • Restructure your loan terms
  • Take cash out of your home

Construction, Land & Renovation ›

Purchase land and build a new home. Finance that fixer-upper. Our one-time closings combine land and construction financing with your end home loan. You'll pay less in closing costs while guarding against interest rate increases.

  • Low fixed and adjustable rates
  • Down payments as low as 5%
  • One-time closing – lower closing costs

Rates Comparison

Description Rate APR* Points
4.500%
4.569%
0.250
4.375%
4.455%
0.125
4.125%
4.208%
0.000
3.125%
4.646%
0.500
3.500%
4.497%
0.000
3.500%
4.369%
0.500
4.750%
5.509%
0.000
4.000%
4.828%
0.375

Rates as of 04/21/18. *APR = Annual Percentage Rate. Rates subject to change. Your rate may be different depending on your credit profile and home value. All above captioned APR’S reflect a minimum of 5% down payment. Other mortgage programs available, please contact a loan officer at 1-844-754-6280, option 1 for details.


Email Us

* Required Fields