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Now, get a $500
closing cost credit when you purchase a new home.
No questions asked.

Home Mortgages

First Time Home Buyer Program
Let Credit Union ONE help provide ease and convenience when purchasing your first home.
Browse our Home Mortgages:

Conventional Mortgage Loans

Whether you're a first-time homebuyer in Michigan or you already own a home, Credit Union ONE meets your mortgage needs.
  • Ideal for home purchases and mortgage refinances
  • Lock in your rate for four months while you shop
  • Fixed-rate mortgages available in terms of 10, 15, 20 and 30 years*
  • As little as 3% down
  • Budgeting certainty comes from a home loan whose rate is fixed for the term
  • Adjustable-rate mortgages (ARMs) amortized for 30 years offer an initial fixed rate in periods of 3, 5, 7 and 10 years

Jumbo Mortgage Loans

When you're buying a Michigan home in the mid-six figures or refinancing your existing mortgage in that realm, our Jumbo Mortgage rates can make your money go further.
  • Ideal for purchases or refinances up to $750,000
  • Borrow up to 80% of your home’s value
  • Lock in your rate for four months while you shop
  • Choose from a fixed rate 10-, 15- or 20-year term or a 5/1 adjustable rate mortgage*
  • Receive personalized service from a dedicated Mortgage Consultant

FHA Loans

If you meet certain requirements, you can take advantage of Federal Housing Administration (FHA) Loans from Credit Union ONE that help you purchase your first home or possibly allow you to save money on a refinance.
  • Offers lower down payments
  • Down payment can include the use of gift funds
  • Competitive interest rates
  • Competitive closing costs
  • More flexible credit and income guidelines
  • Choose from a fixed rate 15- or 30-year term mortgage*

VA Loans

Credit Union ONE believes everyone deserves a fair chance at homeownership, especially those who serve our country in the military.
  • Less strict credit requirements than a conventional mortgage
  • Low or no down payment options available
  • No requirement for mortgage insurance
  • Fixed and adjustable rates available

Save $1K Mortgage Loans

Let Credit Union ONE help you save on your mortgage closings costs with our Save $1K Mortgage. Plus, right now, get an additional $500 closing cost credit for a total savings of up to $1,500!

  • Receive a $1,000 credit on closing costs*
  • Purchase a home with as low as a 3% down payment
  • A variety of terms so you can choose the options that fit your specific needs
  • Fixed and adjustable rates available

First Time Home Buyer Loans

If you looking at purchasing your first home, our First Time Home Buyer Program may be the perfect option to carry you through the process with special features and benefits.

  • No Private Mortgage Insurance (PMI) required
  • Purchase with as little as a 5% down payment
  • Lock in your home loan rate for four months while you shop
Get the process started today.
Apply Now