Home & Real Estate Loans
Your home is not just a house; it’s a canvas on which you can create cherished memories with your loved ones.
Embarking on the journey of homeownership is a significant milestone, and we’re here to elevate your experience. At Maine Family Federal Credit Union, we believe in making your dream home a reality with our competitive closing costs, low down payment programs, and expert guidance.
Whether you’ve got your eye on the house around the corner or are new to the area, our experienced team is dedicated to walking you through the mortgage loan process, ensuring a seamless and stress-free journey.
First Mortgages
Discover a range of enticing loan options spanning 5-year to 30-year fixed-rate mortgages. Experience the simplicity of our pre-approval process, which assures you that your dream home is within reach. With our support, you can confidently shop for your home, knowing you can comfortably afford your monthly mortgage payment.
Second Mortgages
Your home is not just a dwelling; it’s a source of untapped potential. Leverage the equity in your home to transform your kitchen, finance a new car, or consolidate and pay down your debt. Our second mortgage loans feature fixed interest rates, offering stability and predictability throughout the entire term of the loan.
At Maine Family Federal Credit Union, we go beyond providing financial solutions – we empower your homeownership journey. Choose us, and let’s turn your dreams into lasting memories. Your home, your legacy, and your future are all within your reach with Maine Family Federal Credit Union as your trusted mortgage partner.
Mortgage Rates
First Mortgages
Effective 1/16/2024
| Terms | Rates | APR* |
|---|---|---|
| 1 Year - 5 Years | 6.125% | 6.203% |
| 5+ Years - 10 Years | 6.125% | 6.167% |
| 10+ Years - 15 Years | 6.250% | 6.280% |
| 20 Years | 6.250% | 6.274% |
| 30 Years | 6.500% | 6.519% |
Second Mortgages
Effective 1/16/2024
| Terms | Rates | APR* |
|---|---|---|
| 1 Year - 5 Years (80% Loan-to-Value) | 6.625% | 6.633% |
| 5+ Years - 10 years (80% Loan-to-Value) | 6.625% | 6.629% |
| 10+ Years - 15 Years (80% Loan-to-Value) | 6.750% | 6.753% |
| - | - | - |
| 1 Year - 5 Years (85% Loan-to-Value) | 7.125% | 7.133% |
| 5+ Years - 10 years (85% Loan-to-Value) | 7.125% | 7.130% |
| 10+ Years - 15 Years (85% Loan-to-Value) | 7.250% | 7.253% |
Rates are subject to change at any time.
* Annual Percentage Rate. APR based on loan amount of $100,000; 0 points; 10 days prepaid interest