Find your dream home & let us do the rest!
At LOC Credit Union, we don't just want your mortgage business, we understand how important a home can be to your quality of life, both emotionally and financially. Whether you're in the market to buy or build your first home, or seeking to refinance an existing mortgage, let us put our expertise to work for you. We'll be with you every step of the way to help you pursue your home ownership goals thanks to our:
- Great low rates and custom mortgage products
- Very competitive fees and closing costs
- Team of experts ready for you with more than 20 years of mortgage lending experience
Unique mortgage solutions
built for you
- Adjustable Rate Mortgages (ARMs)
- LifeCycle Loan Program
- Bridge Equity Loan Program
- Blanket Loan
- Non-Warrantable Condos
Meet Our Real Estate Lending Experts!
Bill Cook
NMLS: #174319
Vice President, Real Estate Lending
248.919.5842
bcook@loccreditunion.com
$1,000 Off Closing Costs
Ask Us How
Debby Priskorn
NMLS: #504365
Real Estate Lending Consultant
248.522.2324
dpriskorn@loccreditunion.com
| Rate | APR | Points | Payment Example |
|---|---|---|---|
5/5 ARM - 30 Year | |||
| 5.625% | 6.625% | 1.000pts | $1,151.00 |
| 5.875% | 6.676% | 0.500pts | $1,183.00 |
| 6.125% | 6.727% | 0.000pts | $1,215.00 |
7/1 ARM - 30 Year | |||
| 5.875% | 7.117% | 1.000pts | $1,183.00 |
| 6.125% | 7.197% | 0.500pts | $1,215.00 |
| 6.375% | 7.277% | 0.000pts | $1,248.00 |
15 Year Fixed | |||
| 6.625% | 6.768% | 0.750pts | $1,756.00 |
| 6.750% | 6.942% | 0.375pts | $1,770.00 |
| 6.875% | 7.007% | 0.000pts | $1,784.00 |
30 Year Fixed | |||
| 6.875% | 7.032% | 0.750pts | $1,314.00 |
| 7.000% | 7.120% | 0.375pts | $1,331.00 |
| 7.125% | 7.208% | 0.000pts | $1,347.00 |
All payment examples are based on a sample purchase transaction of $250,000 with 25% down and a FICO score of 740 or greater for a single family residence. | |||
Are you ready to join LOC?
It’s easy to become a member of LOC Credit Union!
Membership is open to anyone who lives, works, worships, or attends school in the state of Michigan.
A current or eligible member's immediate family (spouse, sibling, child, grandchild, parent, grandparent) or an individual living in the same household of a current or eligible member can also join LOC.
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Two exclusive group discounts and experienced professionals to make saving on your insurance easy!
Maximize The Equity
In Your Home
Our home equity offerings could be a great way to consolidate debt, remodel, repair or enlarge your home.
Here to Help
Contact Us
Want to talk to someone? Call or text 800.837.4562
Monday - Thursday 9 am to 5 pm
Friday 9 am to 6 pm
Saturday 9 am to noon
Make an Appointment
Need to come in to speak to someone? Make an appointment at one of our convenient locations.
