Woman and man going over financial information at a table.

We put our
members first

Our members and their needs are our first priority.

Home Loans

No matter what your dream is, we'll help you find the home loan solution that best fits your needs.

Conventional Home Loans

At M-O Federal Credit Union, we offer a wide range of home loan products.  Whether you are in the market for your first home, your next, or you need to improve your current, we have the right product for what you need. 

  • In House 1st & 2nd Mortgages
  • 30, 20, 15 & 10 Year Fixed
  • In-House 10 & 5 Year Balloon
  • First Time Home Buyer

Construction Loans

Can't find the home of your dreams - we can help you build it!  We do loans for land too!

  • Quick approval process
  • Work with a local lender
  • Experienced & knowledgeable staff
  • Flexible draw schedule
  • Interest-only payments during construction
  • Land loans for that perfect location

VA Loans

A Well-Earned Benefit ~ We're honored to serve those who have served.

VA loans are only available for veterans and active duty members of the U.S. military and their surviving spouses.  There are a variety of loan options, including several different term lengths as well as both fixed and adjustable rate mortgages.  For home buyers, the VA loan offers several major benefits, such as:

  • Lowest monthly payment we offer
  • Lower interest rates compared to other loan options, so you pay less over time
  • Instead of mortgage insurance, there's a one-time funding fee that can be paid at closing or built into the loan
  • Most veterans and service members won't need a down payment
  • 100% financing in most circumstances
  • You can qualify with a lower credit score and more debt compared to conventional loans
  • You can use your basic allowance for housing to pay your monthly mortgage payment
  • If you need to take cash out of your home, you only need to maintain 10% equity.  This means you can convert more funds to start a college fund, or do a home improvement project.

Home Improvement Loans

Whether you are a do-it-yourself person or would rather pay someone who specializes, you will be doing yourself a favor by keeping your home updated.  For those homeowners who are planning a home improvement project in the coming months, consider a M-O home improvement loan.  Help improve the look of your home, because when it's time to sell your home, your remodeling and upkeep efforts can be the key to selling it faster.  Whether it is $500 to buy new flooring or $10,000 for new windows, we love doing home improvement loans for our members!

A Home Improvement Loan with Flexibility: 

  • NO Title Work
  • NO Appraisal
  • NO Home Equity Needed
  • NO Using Home as Collateral
  • YES!  M-O Federal Credit Union Can Help!

Quicken Loans

We partner with Quicken Loans to bring you even more loan options to purchase the home of your dreams.  The most popular loan options include:

  • Conventional Loan - buy more home with as little as 3% down, a fixed rate, and consistent monthly payments
  • YOURgage - choose a custom term between 8-30 years, get a fixed rate, and as little as 3% down
  • VA Loan - designed for veterans, $0 cash down
  • FHA Loan - most flexible loan option, easier qualifications, lower credit requirements, as little as 3.5% down
Calculators

Member Benefits

Loan Specials

  • Back-to-School Vehicle Loan starting at 2.99% APR*
  • Home Improvement rates as low as 2.99% APR*

* annual percentage rate

View Loan Rates

Certificate Special

  • 28 Month @ 2.75% APR*

*annual percentage rate

View CD Rates

Make Your Dream a Reality

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Home Sweet Home
Fast, affordable home loans, and help every step of the way.

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With You On The Go
Check balances, deposit checks, use Bill Pay...all in the palm of your hand.

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New Car Smell
Great rates, flexible terms, personalized service. No payments for 90 days.

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Because Life Happens
Borrow for vacation, medical, wedding, adoption, pet - any variety of expenses.

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Earning Your Degree
College can be stressful - paying for it shouldn't be.

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Swipe With Confidence
Credit cards - no annual fee, fixed rate, EMV chip, payments made at M-O FCU.

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Seasonal Spending
Because there are just certain times of the year you could use extra cash.