Whether you are looking to purchase, refinance, build or do home improvements,

 Vacant Land Loans

Construction Loans

Home Equity Loans – lines of credit (with credit card access) and fixed

10, 15, 20 and 30-Year Fixed Conventional Loans

Rural Development Loans


New Professionals Mortgage Program

EFFECTIVE MARCH 22. Frankenmuth Credit Union is no longer accepting MIHome Applications for the 2019 calendar year. For mortgage and home financing options, use the call us or apply today buttons on this page.

FCU introduces MIhome, a home financing solution for low-to-moderate income families in Michigan

no minimum credit score*

Possible 100% loan-to-value option of financing

ACCEL home-buyer training prior to loan closing provided at no cost to the member

Private Mortgage Insurance Waived

10, 15, 20 and 30 year fixed repayment terms

minimum loan amount is $5000

*Derogatory credit history must be explained with an extenuating circumstance. Must be a member to apply for loan. Loan is for new purchase only not refinancing.



You trust us to finance your new home…now trust us to insure it.

Affordable insurance solutions for Frankenmuth Credit Union Members.

Mortgage Application Check List

1) Copy of your signed purchase agreement and any signed addendum (for purchases)

2) A copy of the property listing card or sheet (for purchases)

3) Front and back copy of earnest money deposit check (for purchases)

4) Property taxes and homeowners’ insurance of subject property for last 12 months

5) Two years’ signed federal tax returns

6) Two years’ W-2s and/or 1099’s

7) Copy of the most recent pay stub(s) totaling 1 month

8) Rental income: copy of current lease(s)

9) Proof of alimony and/or child support, copy of divorce decree and property settlement (ratifies) describing terms; proof of payment may also be requested at application

10) Retirement, Social Security, and Disability income: copy of award letter and latest check showing amount of present payment

11) Last 2 months’ bank statements for savings and check accounts (FCU statements not needed)

12) Most recent 401(k), stocks, bonds, life insurance (cash value) statements

13) Appraisal fee

24 | 7 Online Application and Approvals

Online Application and Approval:

FCU has an online mortgage application. This means you can apply when you want to from the comfort of your home, and not just when the Credit Union is open, with instant underwriting feedback 24 hours a day 7 days a week. Apply for your Mortgage today! Start Here.

Benefits to an FCU Mortgage

Benefits to a Mortgage with FCU:

  • Your mortgage payment won’t move. FCU Mortgage payments continue to be made right here. No guessing on where your mortgage is getting sold to next and where that payment needs to be sent.
  • Know where your escrow account deposits are. They stay right here at FCU and will not be floating to some mysterious location.
  • Save money on closing fees because of no middle man.

Mortgage Service Fax Number

Frankenmuth Credit Union’s

Wealth Builder Saver