Mortgage & Home Equity Loans - First Community Federal Credit Union

First Mortgages

We’re very excited to introduce to you new and improved mortgage options including lower rates and additional competitive terms!

We’ve partnered with Mortgage Center to be able to offer additional solutions for financing or refinancing your mortgage loan with First Community FCU.

If you’re like many, you probably have some questions about how to apply, estimating property taxes, budgeting for a new home, and more. We have the answers! Simply click here to visit our home buyers learning pages.

Prefer to meet in person? You can meet face to face with a member solutions representative at our Parchment location.

Want to chat by phone? Call (269) 382-9845 or toll-free at (866) 99-FCFCU, extension 1192 to talk with a Mortgage Center representative.

Equal housing lender; rates subject to change daily. All loan subject to approval.

Home Equity Financing

Looking for a great financing option with tax benefits? See us for your home equity borrowing. Your home has built equity which means purchasing power for those important purchases, education financing and more. We offer fixed term, fixed rate as well as variable line of credit options. We even offer equity financing on rental and mobile homes.

Home Equity Fixed Loan

Fixed terms of 5 or 10 years
Fixed rate of interest
Borrow up to 90% of your home’s value
Borrow up to 70% of your single wide mobile home’s value
Loans starting as low as $5,000
Tax deductible interest in most cases
No pre-payment penalty

Home Equity Variable Line of Credit

Make draws on your line up to 5 years, with an additional 10 years to repay
Variable interest rate, adjusted quarterly and tied to Prime Rate
Borrow up to 90% of your home’s value
Borrow up to 80% of your rental home’s value
Borrow up to 70% of your single wide mobile home’s value
Lines starting as low as $5,000
Tax deductible interest in most cases
No pre-payment penalty