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Mortgage Products

Conventional Mortgages Home Equity Lines of Credit Home Equity Loans Getting Qualified

Conventional Mortgages
FinancialEdge Community Credit Union offers Conventional First Mortgages up to $417,000 to qualified borrowers with repayment terms of either 10, 15, 20, or 30 years. Give us a call to determine which mortgage product best suits your needs.

Home Equity Lines of Credit
A Home Equity Line of Credit Loan from FinancialEdge Community Credit Union is a great way to attain your financial goals. Use your home's equity to maximize your purchasing power for those home improvements, college education, purchase a new car, or any other worthy initiative.


  1. Variable rate based on prime lending rate
  2. Borrow up to $100,000 
  3. Payroll deduction available
  4. Loans up to 90% of appraised value or 2X's SEV - (Minus existing liens)

Home Equity Loans
FinancialEdge Community Credit Union offers Fixed Home Equity Loans to qualified borrowers. Use the equity in your home to pay for expenses related to home improvements, college expenses, or to purchase a new car or truck.

No matter the purpose, FinancialEdge Community Credit Union has the mortgage product that fits your needs.

For more information, you may reach our Loan Department at 989-892-6088 or 800-610-2764 and press 4.

Getting Qualified
Should you talk to a mortgage professional before house hunting?

Absolutely! Even if you haven't so much as picked out houses to visit yet, it's important to see your mortgage professional first. Why? What can we do for you if you haven't negotiated a price, and don't know how much you want to borrow?

When we pre-qualify you, we help you determine how much of a monthly mortgage payment you can afford, and how much we can loan you. We do this by considering your income and debts, your employment and residence situations, your available funds for down payment and required reserves, and some other things. It's short and to the point, and we keep the paperwork to a minimum!

Once you qualify, we give you what's called a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), which says that we are working with you to find the best loan to meet your needs and that we're confident you'll qualify for a loan for a certain amount.

When you find a house that catches your eye, and you decide to make an offer, being pre-qualified for a mortgage will do a couple of things. First, it lets you know how much you can offer. Your real estate agent will help you decide on an appropriate offer, but being pre-qualified gives you the confidence to know you can follow through.
More importantly, to a home seller, your being pre-qualified is like you walked into their house with a suitcase full of cash to make the deal! They won't have to wonder if they're wasting their time because you'll never qualify for a mortgage to finance the amount you're offering for the home. You have the clout of a buyer ready to make the deal right now!

You can always use the calculators available on our site to get an idea of how much mortgage you can afford -- but it's important to meet with us. For one thing, you'll need a Pre-Qualification Letter! For another thing, we may be able to find a different mortgage program that fits your needs better.

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