Mortgage
Welcome Home! Let NMCU help you along your journey to home ownership with our low closing costs and competitive rates. With no hidden fees or prepayment penalties, our mortgages are designed with your needs in mind.
First Mortgage Loans
- Primary residence or vacation home located in Wisconsin
- Purchase or refinance
- Primary residence or vacation home
- 10, 15, 20 and 30 year fixed rates available
- Adjustable Rate Mortgages (ARMs) with rate locks up to 10 years
- Minimum 10% down payment – no PMI required
- No escrow requirement
- All loans serviced by NMCU
NMLS ID 417081
Our partnership with AmeriCU Mortgage gives you access to a number of government loan programs with low down payment options and competitive rates. Email Matt Simmons or call: 414-443-7130 for convenient, personal service.
Home Equity Line of Credit* (HELOC)
- Introductory rate as low as 5.74% locked for one year
- Variable rate at Prime MINUS 1%
- Credit lines available up to 90% loan to value
- No annual or early termination fees
*Offer is available to new home equity lines only and is not available for refinances of existing NMCU loans. Terms described apply to credit scores of 680 or higher. Membership required and subject to credit approval. Some restrictions apply.
Second Mortgage
- Adjustable-rate mortgage with rate locks as long as 7 years, 20-year amortization
- 10 and 15-year fixed rate
Need a Loan?
Still think establishing a new loan is complicated, confusing and expensive? Think again! It’s fast, easy, and affordable. That’s what our members love about borrowing at NMCU. Fewer hoops to jump through, low rates and a staff that wants to do what’s right for you.
Pro Tip: Automate your payments with payroll deduction or set up an automatic transfer from ANY savings or checking account!