Mortgages in 3-Easy Steps

Our process is simple, but we are still here to walk you through it if you need us.

Step 1

APPLICATION & PRE-APPROVAL

Call to schedule your pre-approval appointment:

989-777-3620 

Or APPLY HERE.

 

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Step 2

LOAN PROCESSING & UNDERWRITING

We’ll help you gather and submit all relevant materials and quickly provide final approval on your mortgage

Step 3

CLOSING & MOVE IN

We’ll walk you through completion of all closing documents so you can choose your move in date and begin enjoying your new home!

 To schedule your pre-approval appointment and begin our easy 3-step process call:

(989) 777-3620

If you don’t need assistance and are ready to start then APPLY HERE.

Common Questions

What type of mortgages can I apply for?
  • Finance your first home
  • New home construction
  • Refinance your existing home
  • Vacation home
  • Investment property
What type of mortgages are available?
  • Balloon and Fixed Rate options
  • Home Equity
  • Construction Loans
  • Vacant land loans
  • FHA Mortgage loans
  • Rural Development loans
  • VA Mortgage loans
What is Private Mortgage Insurance (PMI)?
  • Mortgage insurance can help qualified borrowers realize the dream of homeownership sooner. It allows you to buy a home with less than a 20% down payment. It provides financial protection to lenders and investors in case of default. With the protection of mortgage insurance, lenders can offer mortgages to qualified borrowers with a low down payment.
  • Protect your home when times get tough. Mortgage insurance from Genworth offers added benefits to give you peace of mind.
  • A safer loan is a smart loan! We help you buy a home faster … and help you stay there for years to come.

 

Learn more about the special Home Suite Home program when you add Mortgage Insurance to your new home loan!

Do you offer FHA loans?

Yes.

Many home buyers have heard of FHA loans. First time buyers often use an FHA loan for their first mortgage.
Let’s take a look at what this mortgage is, and what benefits you may find. First, understand that the
Federal Housing Administration (FHA) does not actually issue mortgage loans. Instead, the FHA provides
mortgage insurance to protect lenders like us from the risks often associated with low down payment
mortgages. Home buyers like FHA mortgage loans because they typically have more liberal qualification
requirements.

There are many reasons you may want to consider an FHA mortgage loan:

  • More liberal qualification requirements
  • Low down payment requirement 
  • Lower monthly insurance premiums
  • Lower Credit score requirements than other mortgage loan programs
  • No income limit
  • No geographic restrictions
  • Gift funds allowed for down payment

This makes an FHA loan a very attractive loan for the first time home buyer and also for families with low and moderate income levels.

Do you offer VA loans?

Yes we do!

A VA mortgage loan is the home loan available only to ex-servicemen and women as well as those on active duty, on which the lender is insured against loss by the Veterans Administration. VA loans come with several benefits and we are happy to be able to provide this funding to our community.

Benefits of VA Loans:

  • No Down Payment Required
  • No Mortgage Insurance
  • No Income Limits
  • 100% Financing Options Available
  • Minimum Property Requirements
  • Equal Opportunity For All Qualified Veterans

Eligibility Criteria for Qualification: (Generally, the following people are eligible)

  • Veterans who meet length of service requirements
  • Service members on active duty who have served a minimum period
  • Certain Reservists and National Guard members
  • Certain surviving spouses of deceased Veterans
Do you offer Rural Development Mortgages?

Yes we do!

A Rural Development Mortgage is an option for  families in rural areas the ability to purchase a home with 100% financing options.

Not limited to first time homebuyers.

 

Can I refinance my existing home to save money?

Yes. Simply complete our easy 3-step process.

Why refinance? It may make sense if you can lower your interest rate or if the value of your home has increased. Refinancing can be a helpful tool for home improvement, debt consolidation or simply lowering your monthly payment.

Reasons to refinance:

  • Switch from an adjustable rate loan to a fixed rate mortgage
  • Reduce your interest rate and your monthly payment
  • Build equity faster by shortening the term of your loan to 15 or 20 years
If I have bad credit can I still apply?

Yes. You may still qualify for a mortgage even with bad credit.

Can I apply if I have a fixed income?

Yes. We evaluate several factors concerning your financial situation to determine the best mortgage options for you.

Can I lock-in my mortgage rate while the loan is in process?

Yes. Visit here for more information.

Do I need homeowners insurance before closing?

Yes. Visit here for more information

Home Owners Insurance

There are many important decisions that must be made throughout someone’s life, so we have collaborated with Isaac Zimmer to help members with all of their insurance needs. Licensed to do business in the state of Michigan, our agents will consult with you on the coverage and premiums that meet your specific needs.

Contact Isaac today for a free Home Insurance quote.

How is my private information protected?

Our site is completely secure, utilizing PCI-compliant, bank-level security software that is continually tested and certified.

The Right Loan For You

We provide a variety of loan options based on:

Your monthly income

How much you owe

How much you want to spend on your new house

How much you still owe if you are refinancing

How much you have to put down

How long you’re planning to stay in your new home

How much flexibility you have with your monthly payment!

Through our simple 3-Step process, you will be able to preview a variety of mortgages and pricing options. We will also help you calculate costs associated with a specific loan program.
If you have any questions, just give us a call. We’re here to help!

How Can We Help?

Have our Rate Tracker notify you when a particular rate is available.

Take a look at the list of Items Needed to Apply for a Mortgage.  Gather these items and have them ready when you apply. 

Print our House Shopping Checklist to take with you when you are looking at houses. 

Have our Loan Consultant determine the products and services that best match your needs.

Learn more about options to lock-in your mortgage rate while your loan is in process.

Discover the advantages our various mortgages have to offer and learn more about our Rates and Services.

Click Here
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Types of Mortgages

Types of Mortgages

Finance Your First Home
First-time home buying can be daunting, but with United Financial, buying your first home has never been easier. We’ve streamlined and updated the entire mortgage process to bring you a faster, more technologically advanced way to finance your home.
 

 

We’re pleased to be helping you purchase your first home. The more you know about the home buying process, the more confident you will be in making the important decisions that will shape your home ownership experience.
 

 

Before you purchase your first home, first make sure that it’s financially feasible by asking:

 

  • Can I pay the up-front costs? 
  • Can I pay the ongoing monthly mortgage and other living expenses? 
 

 

We’ve provided a wide range of calculators for you to use to determine some preliminary answers. Just plug in your figures and see if it all adds up.

 

APPLY HERE

New Home Construction

Constructing your dream home may be one of the most exciting and fulfilling things you will do in your lifetime. However, it may be the most expensive and time-consuming project that you’ll ever undertake. United Financial provides quick and easy financing for new home construction. We will save you both time and money so you can focus on your new home’s construction, and not need to worry about getting your project financed.

 

 

APPLY HERE

Refinance to Save Money
Why refinance? It may make sense if you can lower your interest rate or if the value of your home has increased. Get value out of your home and start saving by refinancing.
 
Reasons to refinance:
  • Switch from an adjustable rate loan to a fixed rate mortgage
  • Lower your monthly payment by switching your adjustable rate loan
  • Reduce your interest rate and your monthly payment
  • Build equity faster by shortening the term of your loan to 15 or 20 years
 
Refinancing can be a helpful tool for: 
  • Home improvement 
  • Debt consolidation 
  • Lowering your monthly payment

 

Refinancing is simple. Are you ready to get started?

APPLY HERE

 

Finance A Vacation Home
For those looking to purchase the perfect weekend getaway on the lake, United Financial makes financing a vacation home almost as enjoyable as the time you will spend in it. There are numerous tax considerations and rates associated with second home mortgages. We are here to ensure that you get the best rate possible and answer any questions that you may have.
 

APPLY HERE

Investment Property
Real estate can be one of the soundest investments you can make. However, unlike putting a few thousand dollars in a stock or retirement account, investment property can require a six figure commitment. To make a sound property investment, you need sound advice and a lender that works with you to provide the best rate on mortgages for investment properties. United Financial makes financing your investment property painless and hassle free.

APPLY HERE

 To schedule your pre-approval appointment and begin our easy 3-step process call:

(989) 777-3620

If you don’t need assistance and are ready to start then APPLY HERE.

United Financial Credit Union NMLS ID 652309