Home Loans

Home Loans

A smarter way home

Experience the full advantages of becoming a member.

Credit Union ONE and Icon Mortgage have come together to create a one-of-a-kind home-buying experience for members like you.

You’ll still work with the same real people who put you first, but now you have access to Icon’s expertise and countless unique mortgage options to provide you with real-life solutions that fit your real-life goals.

First-Time Home Buyers

Make your move with this unique loan program.

  • A low 5% down payment
  • Choose repayment periods of 10, 15, 20, or 30 years

Adjustable Rate Mortgages

Enjoy lower monthly payments during the first several years.

  • Save money with a reduced initial interest rate
  • Lock in your interest rate for 5, 7, or 10 years

Conventional Mortgage Loans

Take advantage of competitive rates and budget confidently.

  • A fixed rate means predictable mortgage payments
  • Choose repayment periods of 10, 15, 20, or 30 years

FHA Mortgage Loans

Lower down payments make homeownership possible.

  • Down payments can be as low as 3.50%
  • Flexible credit guidelines
  • Fixed rates available for 15 or 30 years

Jumbo Mortgage Loans

The home loan you need when financing $806,501 or more.

  • Choose from fixed and adjustable rates
  • Qualify with as little as 5% down.
  • Terms available up to 30 years

MAX Refi

Maximize your borrowing power with this special option.

  • Get a lower rate or cash out
  • Streamlined process with low or no closing costs*
  • No Private Mortgage Insurance required

NextEdge® Mortgage

Special loans for first responders, doctors, teachers, and other professionals.

  • Choose terms of 10, 15, 20, or 30 years
  • No Private Mortgage Insurance premiums required
  • We'll help you prequalify for a smoother process

VA Loans

A special mortgage for active duty personnel, veterans, reservists, and some spouses.

  • 100% financing available for most VA loans
  • Rates are fixed for 15 or 30 years
  • No Private Mortgage Insurance premiums required

Vacant Land Loans

Get your land and loan locally.

  • Minimum loan amount of $10,000
  • Land may be stand-alone parcels or located in subdivisions
  • No Loan-Level Pricing Adjustment (LLPA) means lower closing costs

Credit Union ONE is a full-service financial institution with locations in Southeast Michigan, Davison, MI, Traverse City, MI, and Grand Rapids, MI.

Find your next home loan at Credit Union ONE.

*
Credit Union ONE waives fees for credit report, flood certification, junior title policy, and mortgage recording. Collateral valuation fee waived unless a full appraisal is required.