Mortgages & Home Equity
See
why thousands have chosen Team One as their local mortgage
provider!
If you're looking to buy a new home or refinance your current mortgage -- we can help!
No matter what your home loan needs may be; our knowledgeable
Mortgage Specialists can help tailor a Mortgage program that
fits your specific needs.
Our Mortgage loan programs feature low costs, no prepayment penalties and possible approval in 20 minutes!
And you can rest assured knowing that the same level of member
service that you enjoyed during the application process will
continue throughout the servicing of your mortgage.
Call us today at 989.754.6575, 888.288.3261, chat
live with a Team One representative or email us at talk2us@teamonecu.org
for more information or to apply right over the phone.
 Click here for more information.
|
|
|
Our mortgage calculator
lets you compare terms and calculate sample payments.
Click
here |
|
|
Home Equity Loans
A Home Equity Loan is perfect for making home improvements, building an addition, consolidating debt, taking a vacation or even buying a car! Choose from a Home Equity Line of Credit or Closed-End Home Equity Loan.
Home Equity Line of Credit
A Home Equity Line of Credit (HELOC) is a
variable rate that provides qualified members with an established
line of credit using real estate as collateral. The member
may establish a line of credit up to 80% of the market value
of the property less any outstanding lien.
Closed-End Home Equity
A Closed-End Home Equity Fixed Rate loan offers qualified
members an opportunity to borrow up to 80% of the market value
of their home less any outstanding lien. This is a closed-end
loan, which means that the funds are disbursed at time of
closing. We offer Loans with terms of 5 and 10 years
for your convenience. No additional draws are allowed.
Home Equity Rates
Call us today at 989.754.6575, 888.288.3261, chat
live with a
Team One representative or email us at talk2us@teamonecu.org for
more information or to apply right over the phone.
Click here for more information.
Back to top
|
|
10-Year
Fixed Rate Mortgage
Want to pay off your home sooner?
With our 10 Year Fixed Rate Mortgage, you pay off your mortgage
20 years sooner than with a 30-year term, which means you pay a
lot less in interest.
And with a great low rate, our 10-Year Fixed Rate Mortgage is a
most popular choice.
Call us today at 989.754.6575, 888.288.3261, chat
live with a
Team One representative or email us at talk2us@teamonecu.org for
more information or to apply right over the phone.
You can also check current rates or apply online by clicking here.
Click here for more information.
Back to top
5, 7,
10-Year Balloon Mortgage Programs
What is a Balloon Mortgage and is it right for you?
A balloon mortgage may be your best choice if you are not planning
on staying in your home for more than 10 years. A balloon mortgage
allows you to lock into a fixed interest rate for a period of 5,
7, or 10 years with the monthly payments amortized over a period
of up to 30 years. You benefit by paying less in interest per month!
Then, if you are still living in the home at the end of the term,
you can pay the remaining balance in full or apply to refinance
with Team One at the current interest rate.
Call us today at 989.754.6575, 888.288.3261, chat
live with a
Team One representative or email us at talk2us@teamonecu.org for
more information or to apply right over the phone.
You can also check current rates or apply online by clicking here. Click here for more information.
Back to top
15, 20, 30, 40-Year Fixed Rate
Looking for the stability of a fixed-term, fixed-rate mortgage?
By choosing a 15-year fixed rate mortgage, your interest rate
is typically a quarter of one percent lower than on a 30-year loan
and the monthly payment is approximately 25% higher. That's because
more principal is being repaid with every payment.
By choosing a 20-year fixed rate mortgage, you'll have a monthly
payment slightly higher than a traditional 30 year mortgage in
exchange for a shorter loan term and lower interest rate.
By choosing a 40-year fixed rate mortgage, you'll have the lowest monthly payment
of all the fixed rate loans we offer.
Call us today at 989.754.6575, 888.288.3261, chat
live with a
Team One representative or email us at talk2us@teamonecu.org for
more information or to apply right over the phone.
You can also check current rates or apply online by clicking here. Click here for more information.
Back to top
Construction Loan Program
Always dreamed of building your own home?
Building a new home can be an exciting and rewarding process.
We can help make your dream a reality.
Call us today at 989.754.6575, 888.288.3261, chat
live with a
Team One representative or email us at talk2us@teamonecu.org for
more information or to apply right over the phone.
You can also check current rates or apply online by clicking here. Click here for more information.
Back to top
$0 Down Home Loan Program
Found the perfect home but don’t have the down payment?
First time Home Buyer?
The zero down home loan allows you to finance 100% of the purchase
price of a new home.
Call us today at 989.754.6575, 888.288.3261, chat
live with a
Team One representative or email us at talk2us@teamonecu.org for
more information or to apply right over the phone.
You can also check current rates or apply online by clicking here. Click here for more information.
Back to top
|
Refinance
Today and Save!!
Think it’s too late to refinance? Think again!
Looking to Refinance your Adjustable Rate Mortgage to a Fixed Rate?
Our interest rates are still at historic lows and refinancing now
can save you thousands of dollars over the life of your loan. You can lower your monthly payments, consolidate debt, shorten
the term of your mortgage or even arrange to take out extra cash. With our low closing costs, excellent rates and mortgage
approvals over the phone, refinancing has never been easier.
Call us today at 989.754.6575, 888.288.3261, chat
live with a
Team One representative or email us at talk2us@teamonecu.org for
more information or to apply right over the phone. You can also check current rates or apply online by clicking here.
Click here for more information.
Back to top
|
|
|
