If you are buying your first or next home, looking to refinance, or have an eye on a vacation home, CME CU has the right mortgage for you. It is an exciting time for you and our friendly service and streamlined mortgage process powered by the latest, safest technology will help you finance your home. That is how we do mortgages the CME CU way.
Your first home is a big step. The more you know about the process, the more confident you will feel about making an important decision in your life. Our Mortgage Consultants help you learn how much house you could afford, walk you through the offer process, and keep you well informed on your loan’s status right up until the last document is signed.
CME CU’s fixed mortgages gives you peace of mind knowing your principal and interest (P&I) payments will never change over the life of your loan. You chose your term, 10, 15, 20 up to 30 years and you can rest assure your P&I payments will never go up.
CME CU’s adjustable-rate mortgage (ARM) is perfect for purchasers with short-term mortgage goals. With low closing costs and no PMI requirement, our adjustable-rate mortgage will finance up to 95% of the value of your home.
5/5 Adjustable Rate Mortgage
With a 5/5 ARM, your initial rate is fixed for five years and is subject to increase or decrease every five years. One rate change in the next 10 years guarantees a stable, reliable way to pay off your home loan.
10/5 Adjustable Rate Mortgage
With a 10/5 ARM, your initial rate is fixed for ten years and is subject to increase or decrease every five years thereafter. One rate change in the next 15 years guarantees a stable, reliable way to pay off your home loan.
Buying or refinancing a home is about you and your home, not about the loan. Maybe it has been a while or it is the very first time, either way, CME CU will guide you each step along the way. Our mortgage professionals deliver an experience you can’t wait to tell your family and friends about.