Mortgage Products


Fixed Rate Mortgage
A fixed rate mortgage (FRM) is a fully amortizing mortgage loan with an interest rate and payment that stays the same throughout the term. It is probably the simplest mortgage to understand since it has no variable features. The main advantage of a fixed rate loan is the protection from an increase in your payment if interest rates were to rise. Fixed payments also make it easier for you to plan and budget for your monthly expenses. You may want to consider a fixed rate mortgage program if you are on a fixed income, plan to be in the home for a long period of time or like the peace of mind of knowing your principal and interest payments never change.

Available Fixed Programs
  • Conforming Loan Amounts to $806,500 for a 1 unit and $1,032,650 for a 2 unit - Competitive terms available.
  • Jumbo Loan Amount to $2,000,000- Competitive terms available. 
  • Fixed Loans- Now serviced by IMCU! Competitive rates and closing costs!
For a personalized quote, click "Get Quote" below! Click "Apply Now" to connect with a Loan Officer.


Adjustable Rate Mortgages
An adjustable rate mortgage (ARM) is a mortgage loan in which the interest rate can change periodically based on an index + a margin. The ARM is usually fixed for a set period of time and then adjusts at even intervals thereafter. The initial rate on an ARM is generally lower than a fixed rate mortgage, which can result in a lower monthly payment for the first several years. This may allow you more buying power compared to the same payment on a fixed rate mortgage. You may want to consider an adjustable rate mortgage if you are planning to stay in your home for 7 years or less. Although ARMs are not for everyone, there are many life circumstances that make the adjustable rate mortgage an option to consider. Talk with your IMCU mortgage professional for more information.

Available Adjustable Programs

Now offering ARMs for Conforming Loan Amounts to $806,500 for a 1 unit and $1,032,650 for a 2 unit with competitive terms available.
  • With initial fixed periods of 3 years. Loan adjusts every 3 years after initial fixed period until maturity.
  • With initial fixed periods of 5 years. Loan adjusts every 5 years after initial fixed period until maturity.
  • Or with initial fixed periods of 7 years and 10 years. Loans adjust every 6 months after the initial fixed period until loan maturity.
3 and 5 year ARMs are also available for Jumbo Loan Amounts to $2,000,000.
Competitive terms available. 
 
 
For a personalized quote, click "Get Quote" below! Click "Apply Now" to connect with a Loan Officer. 

GET QUOTE          APPLY NOW

FHA
FHA loan limits are based on the county in which the property is located.

Available Programs
  • Purchase Fixed Rate- Competitive terms available.
For a personalized quote, click "Get Quote" below! Click "Apply Now" to connect with a Loan Officer.

GET QUOTE          APPLY NOW
 
The Loan is temporarily unavailable.
VA
VA loans are available to a veteran, active duty, service member, National Guard member, Reserve member or surviving spouse of an eligible veteran. 

VA Loan Benefits:
  • 100% Financing1
  • Homebuyers can add up to $6,000 to their VA Loan to have energy-efficient improvements installed
  • No Monthly Mortgage Insurance
  • Less Restrictive Qualifying Terms
  • Homebuyers are still eligible, even after a short sale
  • Seller of a home can pay closing costs up to 4% of the sales price
To be eligible for a VA Loan, you must have sufficient entitlement available with VA and be a(n): Veteran (single or married), Active Duty Servicemember, National Guard Member, Reserve Member, surviving spouse of an eligible Veteran (certain restrictions apply).

Click "Apply Now" to connect with a Loan Officer.


1 Loan programs may change at any time with or without notice. Information deemed reliable but not guaranteed. All loans subject to credit approval and property appraisal. Not a commitment to lend. NMLS 402492. Effective 11.1.2021. Federally insured by the NCUA.
The Loan is temporarily unavailable.
USDA
USDA loans are designed for properties in rural areas identified by the US Department of Agriculture.

USDA Loan Benefits:
  • 100% Financing Available- No Down Payment Required1
  • Low Monthly Mortgage Insurance
  • Flexible Credit and Qualifying Guidelines
  • No Maximum Purchase Price Limit
  • Closing costs can come from any source, including gifts
  • Competitive terms available 
Click "Apply Now" to connect with a Loan Officer.
 
 
1Loan program may change at any time with or without notice. Information deemed reliable but not guaranteed. All loans subject to credit approval and property appraisal. Not a commitment to lend. NMLS 402494. Effective 11.1.2021. Federally insured by NCUA.
The Loan is temporarily unavailable.
Manufactured Home ADVANTAGE® Loans

A manufactured home loan is an immediate and affordable housing option!

  • Down Payment Flexibility!
    • Manufactured home loans traditionally require less of a down payment. Receive a loan up to 95% of the home's value on a primary home and 90% on a second home using the MH Advantage® loan program.
  • Flexible Minimum FICO Score!
    • Scores as low as 620 accepted.
  • Available on First or Second Homes!
  • Gift Funds are Accepted for Down Payment!
Click "Apply Now" to connect with a Loan Officer.


*Competitive terms available. Fixed Rate. Primary residence and second home only. Max LTV requires a 45% DTI with a minimum credit score of 620. Minimum loan amount is $50,000. Private mortgage insurance required for LTV exceeding 80%. Home must meet MH Advantage® program guidelines and carry a Mortgage Financing Notice sticker. Subject to credit approval. NMLS #402492. Effective 5.1.2021. Equal Housing Opportunity. 2018 or newer models only.