Freedom Mortgage Loan


Be FREE of your Mortgage Loan in 10 Years or Less
with our FREEDOM LOAN!

If you have 15-20 years remaining on your mortgage loan, you may be a great candidate for our 10-Year Freedom Loan! Due to the low fixed interest rate and low closing costs, many members realize they can be mortgage free in 10 years or less.

Schedule an in-person or virtual appointment with one of our lenders to discuss your options.

Schedule an Appointment


Subject to membership, credit and underwriting guidelines. Refinance of existing M1CCU loans not eligible. For a Freedom Loan of $50,000 with a term of 120 months and a fixed rate APR of 3.000%, the monthly payment will be $479.92. Monthly payment does not include escrow for taxes and insurance. Suggested minimum loan amount of $30,000, maximum loan amount of $100,000. Offer applicable to 80% of determined property value. An appraisal is required for loans with a loan-to-value greater than 80% and is the member’s responsibility. The range of costs for the appraisal is between $450-$700. Property insurance required. If your property is in a flood plain flood insurance is required. Other restrictions may apply. Please see credit union for full details and disclosures. Federally insured by NCUA, Equal Opportunity Lender, NMLS#461085.