Quick Tips & Info

• MFM offers low-down payments, and in some case no down payment mortgages for home buyers
• As a credit union owned mortgage lender, closing costs and fees are kept to a minimum
• Great for first time homeowners
• Be sure to double check the appraisal
• Be prepared for the meeting with two years of W2’s and two months of Bank Payments

What MFM offers:

• 10, 15, 20, 30-Year Fixed Rate Mortgages
• 1, 3, 5, 7-Year Adjustable Rate Mortgages
• 5 and 7-Year Balloon Mortgages
• Bi-Weekly Payment Program
• Jumbo
• Fannie Mae Home Affordable Refinance Program
• Freddie Mac Relief Refinance Program
• Construction Loans
• Vacant Land Loans
• FHA (Federal Housing Administration)
• MSHDA (Michigan State Housing Development Authority)
• VA (Veteran’s Administration)
• Guaranteed Rural Housing
• Reverse Mortgages