Purchase Loans

Adjustable-Rate Mortgages

Take advantage of lower initial interest rates with our exclusive Adjustable-Rate Mortgage option.

Purchase Loans

Asset Advantage

Use your assets to help qualify for a home loan.

Purchase Loans

Barndominiums

Financing a barndominium is easier than you think with Mortgage Center.

Purchase Loans

Best Score Family Helper Loan

Leverage a family member’s strong credit to help you qualify for better loan terms.

Purchase Loans

Conventional Mortgage Options

A flexible home loan with great rates and terms. Very popular for homebuyers.

Purchase Loans

Doctor Loan

Tailored mortgage program for doctors and medical professionals with flexible terms.

Purchase Loans

Fannie & Freddie Mac Fixed-Rate

Competitive fixed rates backed by Fannie Mae or Freddie Mac — predictable payments for the life of the loan.

Purchase Loans

FHA

Government-backed home loan with flexible credit guidelines and low down payment.

Purchase Loans

Hobby Farm Loan

Mortgage financing for homes with small-scale farming or hobby farm use.

Purchase Loans

Homeready® & Home Possible®

Lower down payments and PMI costs, with more flexibility to fund the purchase of your dream home.

Purchase Loans

Home Renovation Loan

Purchase and renovate your home with one convenient mortgage solution.

Purchase Loans

Jumbo Mortgage

Financing for high-value homes with flexible terms and competitive jumbo mortgage rates.

Purchase Loans

New Start Loan

Second-chance mortgage program for buyers rebuilding their financial future.

Purchase Loans

Non-Warrantable Condo

Mortgage solutions for condos that expand upon traditional lending guidelines.

Purchase Loans

One-Time Close Construction

Finance your build and permanent mortgage with one simple, streamlined construction loan.

Purchase Loans

PMI Saver Loan

Lower or eliminate private mortgage insurance (PMI) costs for greater monthly savings.

Purchase Loans

Right Choice Loan

Low down payment financing for experienced buyers.

Purchase Loans

Veteran Loan

An exclusive VA home loan option for veterans, active-duty service members and eligible military families.

Purchase Loans

Zero Down Payment

Purchase with no down payment and make homeownership more accessible. Perfect for First-time homebuyers.

Refinance Loans

FHA

Simplify your refinance with reduced paperwork.

Refinance Loans

Hobby Farm Loan

Refinance your hobby farm property with flexible loan options designed for unique homes with agricultural use.

Refinance Loans

Max Cash-Out Refinance

Get the most from your home’s equity with a maximum cash-out refinance. Use funds for home improvements, debt consolidation, or major life expenses.

Refinance Loans

Non-Warrantable Condo

Refinance your non-warrantable condo with flexible mortgage options that work for properties outside traditional lending guidelines.

Refinance Loans

One-Time Close Construction

This option can fund construction costs when you already own the land. This option can also pay off an existing land loan, if applicable.

Refinance Loans

PMI Saver Loan

Lower or eliminate PMI costs with our PMI Saver refinance option.

Refinance Loans

Right Choice Loan

Ideal for borrowers who would like expanded qualifying options.

Refinance Loans

Veteran Loan

Saves you money if you’re active military or a veteran by allowing you to put no money down and avoid the cost of mortgage insurance.

Home Equity Loans

Home equity loans are a great way to gain some extra cash for home improvements, debt consolidation, or other big purchases you’re looking to make. Like any loan, it’s important to understand how a home equity loan works before getting one.

Posts by:

Mortgage Center

Member Information
Posted on January 6, 2025

End of year tax documents are now available!

Your 2025 year-end tax forms are available to view online! Here’s the scoop: Electronic Copies: These are now available through eStatus. If you’re not already signed up to receive your end of year tax forms electronically, click here to see how to get started. Paper Copies: Prefer a physical copy? No problem! Those will be mailed out by January 31st. Thanks for being […]
By Mortgage Center
Home Buying
Posted on April 9, 2024

What’s the Deal with Fixed Rate Mortgages?

Fixed rate mortgages stand as a cornerstone in the world of home financing Offering stability and predictability to homeowners in an often volatile economic landscape, this financial product allows borrowers to lock in an interest rate for the entirety of their loan term, which can range from 10 to 30 years. The allure of a […]
By Mortgage Center
Home Maintenance
Posted on December 29, 2023

Tips For Keeping Up With Regular Home Maintenance

Most homeowners understand the importance of performing regular maintenance to their house, but sometimes the reasons for doing it can feel a bit abstract. I know it can start to feel like an endless series of chores and expensive repairs, so don’t feel too bad if you’ve put off a few tasks over the years! […]
By Mortgage Center
Member Information
Posted on January 20, 2023

Mortgage Center’s President & CEO, Ken Martin Announces Upcoming Retirement

Southfield, Michigan – December 15, 2022 – Mortgage Center’s President/CEO Ken Martin has announced plans to retire after 9 years leading the Credit Union Service Organization. Martin said he plans to step down in early 2023. Martin started working in the mortgage industry as a File Room Clerk in 1982. Since then, he has spent […]
By Mortgage Center
Member Information
Posted on January 20, 2023

Joshua Thompson steps in as new CEO of Mortgage Center, Ken Martin retires

Southfield, Michigan – January 20, 2023 – Mortgage Center announces current Chief Operating Officer, Joshua Thompson, as the new President and CEO of the Michigan-based Credit Union Service Organization. Thompson will succeed current President and CEO, Ken Martin as he retires on February 1, 2023. Thompson has been with Mortgage Center for nearly ten years joining […]
By Mortgage Center
Home Buying
Posted on November 11, 2022

First-Time Home Buyer’s Guide to Down Payments

Buying your first home is a once-in-a-lifetime experience that takes a lot of research and preparation. One crucial point to consider is your down payment — the sum of money you pay for your home. This amount impacts your mortgage and determines how much home you can afford. However, you may not need to save […]
By Mortgage Center
Home Buying
Posted on June 15, 2022

What is an ARM Loan?

You may have noticed a resurgence in the popularity of Adjustable-Rate Mortgage (ARM) loans recently. They’re a great option for members to save on their monthly payments, especially in a rising rate environment. Whether it’s a good option for you depends on what you’re looking to achieve with your next home loan. How do ARMs […]
By Mortgage Center
Home Buying
Posted on April 28, 2022

5 Things to Know About Financing a Fixer-Upper

If you’re looking to buy a home, you have several options. Popular choices are move-in-ready homes and fixer-upper homes. With a move-in-ready home, you can move in right away without making major renovations. On the other hand, a fixer-upper generally requires some major renovations before you can move in. Both options have pros and cons, […]
By Mortgage Center
Home Buying
Posted on April 26, 2022

Beginners Guide to Kitchen Renovation Projects

One of the most common home renovation projects is a kitchen remodel. The kitchen is the heart of the home — where you prepare delicious meals and gather with loved ones. If you’ve been living in your home for a while or you’ve recently purchased a home, you may want to remodel your kitchen. Remodeling […]
By Mortgage Center
Home Buying
Posted on April 19, 2022

How To Finance the Construction of Your Dream Home

Building your dream home is an exciting time. You have the opportunity to customize a home from the ground up, choosing everything from the floor plan to the bathroom tile to the location and truly making your dream home come true! Of course, many people who want to build a home will need a mortgage […]
By Mortgage Center