Mortgage Center

Get $500 Off Closing Costs*

See details and restrictions

Take advantage of this limited-time offer to save on your next mortgage.

When you buy a new home or refinance your current mortgage through Mortgage Center, you could get $500 off closing costs*.


Here’s why you should work with Mortgage Center:

  • A dedicated team of experts. Whether you’re looking to refinance your mortgage for a lower monthly payment, or you’re a first-time homebuyer with questions, the home loan experts at Mortgage Center can help you find the right home loan.
  • Lower fees and lower rates. Mortgage Center is owned by Credit Unions and serves Credit Union members by keeping fees and rates low. They always put people over profits and take care of your needs first.

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Today's Rates on a Conventional Refinance Loan

30-Year Fixed-Rate - Refinance
Effective Date: July 1 2022
RateAPRPointsPayment
5.250% 5.373% 0.125 $828.31

15-Year Fixed-Rate - Refinance
Effective Date: July 1 2022
RateAPRPointsPayment
4.750% 4.971% 0.250 $1,166.75

The information provided assumes the purpose of the loan is to refinance an existing single family detached home and will be used as a primary residence. The loan amount is $150,000 and the appraised value is $200,000. For Golden Jumbos, the loan amount is $647,200 and the appraised value is $625,000. For FHA Loans, the loan amount is $150,000 and the appraised value is $152,850. The property is located in Oakland County, Michigan. There is an escrow account for property taxes and homeowners insurance. The rate lock period is 45 days and the assumed credit score is 740 or higher.

The monthly payment amount shown includes only principal and interest. The escrow for property taxes, homeowners insurance, flood and/or mortgage insurance if applicable are not included in the monthly payment amount. Your actual monthly payment will be higher with escrow account included.

The interest rates, APRs and points shown may change throughout the day due to varying market conditions. Rates effective as of July 1 2022. Rates are subject to change. To get more accurate and personalized results, please call 800-353-4449 to talk with a loan expert.

Assumptions

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Today's Rates on a Conventional Purchase Loan

30-Year Fixed-Rate - Purchase
Effective Date: July 1 2022
RateAPRPointsPayment
5.250% 5.379% 0.125 $828.31

15-Year Fixed-Rate - Purchase
Effective Date: July 1 2022
RateAPRPointsPayment
4.750% 4.981% 0.250 $1,166.75

Assumptions

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*Offer for $500 off closing costs is valid until June 30, 2022. Mortgage amount must be between $40,000 and $647,200 to be eligible. Mortgage rates current as of 12/16/2021 and assumes a 30-year fixed-rate purchase or refinance of a detached, owner-occupied property with a loan to value ratio of 80% and a credit score of 740. A loan amount of $200,000 at an interest rate of 3% and an APR of 3.081% has a payment of $843.21 with 0.75 point due at closing. The payment does not include property taxes or insurances, the actual payment will be higher. Offer applies to Conventional Residential First Mortgages financed with Mortgage Center and excludes FHA, VA and Home Equity Loans and Lines of Credit. BlueOx Credit Union membership required. Offer may not be combined with any other promotion or discount. The promotion has no cash value. This offer is non-transferrable. Terms are subject to credit and mortgage approval. Other restrictions may apply. BlueOx Credit Union is Federally Insured by NCUA. Mortgage Center is an equal housing lender, NMLS# 282701.

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