Metro Credit Union offers a wide variety of home loans.  With purchase loans, refinance loans, and second mortgage loans, we are able to handle all of your home financing needs. 

Looking to purchase a new home?  You may even be able to purchase your home with no down payment, allowing you to finally get into the home of your dreams. 

Already own your home?  Metro has several programs to lower your interest rate, get into a fixed rate mortgage, or use your existing equity to achieve your financial goals. 

So contact us today to find your perfect mortgage!

A HELOC is another type of a second mortgage loan. The difference between this loan and a standard second mortgage is that a HELOC allows a borrower to draw against a credit line based on the equity in your home. The monthly payment to principal and interest depends on the balance of your HELOC, the interest rate and the remaining term. A HELOC has an interest rate that varies with the Prime Rate. For added convenience you can also access your HELOC through a VISA card.

You don’t have to have to fit inside the box to qualify for a mortgage loan with Metro Credit Union.  Metro offers several loan programs for those borrowers that have had credit challenges in the past.  We also offer alternatives for self-employed borrowers who may not qualify for full income documentation loans.

Metro does Government loans too!  Both FHA and VA loans offer low or no down payment options.  VA loans are offered only to those that have served in the armed forces, while FHA allows all borrowers to apply.

Adjustable rate mortgages feature an interest rate that will increase or decrease based on the condition of the economy. Monthly payments will vary from year to year. You should consider this type of mortgage if you are planning to stay in a home for just a few years. An adjustable rate mortgage offers the benefit of a lower interest rate in the initial years of the mortgage, which means your payment is typically lower than that of a fixed rate mortgage.