Mortgage Rate Relief
Save with a 1.5% lower interest rate for qualified homebuyers.1
Home ownership, within reach
We're excited to partner with FHLB of Des Moines to bring you this exclusive limited-time offer.
Discounted rate
Enjoy an approximate 1.5% lower mortgage interest rate.
Low down payment
Low down payment options make it easier to purchase.
Expanded qualification criteria
Buyers with low to moderate income can still qualify for a loan.
Calculate your monthly payment2
Monthly Payment
Have questions? We're here to help!
Mortgage Rate Relief
Don’t miss this limited-time opportunity for a low interest home loan.
Disclosures
1 Mortgage Rate Relief is offered in partnership with the Federal Home Loan Bank of Des Moines. Qualified applicants will receive an approximate 1.5% interest rate reduction below the current market rate. This interest rate reduction only applies to 30-year fixed-rate mortgage loans. Mortgage Rate Relief may be used to purchase a borrower’s primary residence and must be a 1-4 single-family unit property. The Mortgage Rate Relief product is available to home buyers earning up to 80% of area median income (AMI), determined by the Federal Housing Finance Agency’s Underserved Areas Data. All owner/occupant’s income must be considered when determining eligibility for this interest rate reduction product. This includes any income that is used to qualify for the mortgage loan.
2 The calculator is provided for informational purposes only and any calculation is solely an estimate based on the information you provide. Calculations do not include amounts for taxes and insurance premiums, if applicable, and your actual payment obligation may be greater. Contact Members Cooperative Credit Union at 1-800-296-8871 for more information.
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