Flexible options for new builds or established properties

Get a true preapproval from Michigan Schools and Government Credit Union so your offer stands out in a competitive market. MSGCU offers quick qualifying and an easy process from application to closing. You can also count on MSGCU’s great service for the life of the loan. Contact a Mortgage Expert to start your preapproval.

Fixed-Rate Mortgage
Available for terms up to 30 years. Here are just a few examples of the great rates we currently offer.
TermRates as low asPointsAPR*Payment*
30 Year 6.000% 0.529% 6.133% $899.33
20 Year 5.750% 0.460% 5.917% $1,053.13
15 Year 5.250% 0.357% 5.442% $1,205.82
10 Year 5.125% 0.412% 5.409% $1,600.16

*APR = Annual Percentage Rate. The payment is based on a loan amount of $150,000 and consists of principal and interest. The payment does not include taxes and insurance premiums. The actual payment amount will be greater.

 
Adjustable-Rate Mortgage
ARM loans amortized for 30 years. Here is just an example of the great rates we currently offer.
TermRates as low asPointsAPR*Payment*
5-Year ARM 4.500% 0.412% 6.363% $760.03
7-Year ARM 4.750% 0.412% 6.166% $782.47


*APR = Annual Percentage Rate. The initial payment is based on a $150,000 loan on a $250,000 property in Michigan, amortized for 30 years. This assumes the loan is for the refinance of a single-family residence that will be used as a primary residence and that the applicant has a credit score of 740 or higher. The payment consists of principal and interest and does not include taxes and insurance premiums. The actual payment amount will be greater. After the initial fixed period, the principal and interest payment can change every year for the remaining life of the loan. View payment details.


View all rates.