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We offer fixed-rate and balloon options for first mortgage loans.
The features of our balloon first mortgage loans include:
- Pay lower fees with low origination costs
- Use money for a refinance or purchase
- Borrow up to 80% of your home's value for a refinance, up to 90% for a purchase
- Balloon at 5, 7, or 10 years, payment calculated for up to 30 years
- Experience faster loan approval and closing--your loan stays with the credit union
Mortgage rates can change daily, so it is best to contact our mortgage loan officer directly for more information. Contact Sharon at 515-283-4195 or email sharonf@dmmcu.org. She can go over options for purchasing a new home or refinancing your existing home.
Apply for a First Mortgage loan now with DMMCU.
Apply for a Home Equity loan now with DMMCU.
Check out our other loan rates now.
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