Michigan Schools & Government Credit Union
Michigan Schools & Government Credit Union Go to main content
Home > Mortgage Loans
Fixed-Rate Mortgage Adjustable-Rate Mortgage
FHA Mortgage Jumbo Mortgage Vacant Land

Fixed-Rate Mortgage

Peace of mind comes with a low-rate home loan from Michigan Schools and Government Credit Union.
Unsure if you should look for a new house or refinance the one you already have? Let MSGCU's Mortgage Experts help you make the best decision for you and your family. We will guide you through the home loan process so you can avoid the high fees and unfair practices of banks and mortgage brokers.
A new or refinanced credit union mortgage features…
  • Competitive interest rates and closing costs
  • Monthly or bi-weekly payment options
  • An easy application process with quick approval
  • Step-by-step guidance
  • Free consultations
  • No prepayment penalties
  • Servicing of your mortgage remains with MSGCU through maturity
  • Loans up to $2 million**
Start setting it right with a Michigan Schools and Government Credit Union home loan. **Jumbo pricing may apply for loans greater than $417,000.

Rates as of Friday, November 10, 2017

Product DescriptionRates as low asAPR*Payments
First Mortgage Fixed-Rate Loan — Monthly
30 Year - Monthly3.875%4.003%Show Payments
20 Year - Monthly3.625%3.801%Show Payments
15 Year - Monthly3.250%3.474%Show Payments
First Mortgage Fixed-Rate Loan - Monthly
10 Year - Monthly3.125%3.448%Show Payments
First Mortgage Fixed-Rate Loan - BiWeekly
30 Year - BiWeekly3.875%4.061%Show Payments
20 Year - BiWeekly3.625%3.859%Show Payments
15 Year - BiWeekly3.250%3.531%Show Payments
First Mortgage Fixed-Rate Loan - BiWeekly
10 Year - BiWeekly3.125%3.512%Show Payments

*APR - Annual Percentage Rate

**Assumptions: The payment is based on a $160,000 loan amount (80% loan-to-value) and consists of principal and interest only. The payment does not include taxes and insurance premiums. The actual payment amount will be greater. The APR includes a Processing Fee of $295, an Underwriting Fee of $450 and 0.25% Discount Point ($400).