Members Plus Credit Union has a full range of mortgage and home loan products available to meet your borrowing needs. Whether you’re a first time homebuyer looking to buy your dream home, refinancing an existing mortgage, or using the equity in your present home, we have a complete line-up of products available to suit your needs. You’ll get personalized, friendly service along with competitive rates, no points, and great terms! Click here to start your application process today.
Features & Benefits
- Great Mortgage Rates!
- Low Closing Costs
- Local Decisioning and We Won’t Sell Your Loan!
- Dedicated Credit Union Mortgage Advisors to guide you through the entire home loan process!
Products
- 10, 15 & 30 Year Fixed Mortgages
- Second Homes
- 1-4 family Investment Properties
- 10, 15 & 30 Year Jumbo Mortgages (single family home mortgages greater than $647,200)
- First Time Homebuyer Program
- Adjustable ARM’s
- Construction Loans
- Land Loans
Whether you are buying your first home, moving to your dream home, refinancing a current mortgage, or something else, we’re committed to giving you the best mortgage experience! View our rates.
Know What You Want in a Mortgage? Get started fast & easy right here!
Click below and start your application process today.
Need Some Help to Find the Best Mortgage for You?
For help in choosing the right mortgage for your specific situation, contact our Mortgage Department at 781-905-1500.
NMLS# 472281
| Name |
Rate |
Points |
APR** |
Cost Per Thousand*** |
| 3/1 Year Adjustable * |
6.375% |
0 |
7.584% |
$6.24 |
| 5/1 Adjustable * |
6.500% |
0 |
7.418% |
$6.32 |
***APR=Annual Percentage Rate. Please note that the interest rate and fees shown here are available to members with an excellent credit history. The actual interest rate and fees available will be based on credit history, property type and loan transaction type, and may be different than the rates displayed here.
***APR = Annual Percentage Rate. APRs are based upon member’s credit score. Rates listed above reflect strong credit worthiness. Payments listed above do not reflect life and disability insurance. Rates and APRs effective May 30, 2025 and are subject to change without notice.
*** Rates and APRs effective May 24, 2024 and are subject to change without notice. Rates, APR, payments, and fees are based on 25% down payment and excellent credit history. Your actual interest rate, APR, payment, and fees may be different than what is displayed here and will be based on several factors, including but not limited to: your credit history, property type, and transaction type. All mortgages and home equity loans require property insurance.
All mortgages and home equity loans require property insurance.
* Adjustable Rate Mortgages (ARM): rates may be subject to increase after consummation.
An Adjustable Rate Mortgage (ARM) has a lower interest rate at the beginning of the mortgage, which changes over time based on an index. There are many types of adjustable rate mortgages and the terms of the payment change are based on the specifics of the adjustable rate mortgage product you select.
• 3/1 and 5/1 ARM terms available.
• 3/1 ARM- Your interest rate under this ARM can change after 36 months and every 12 months thereafter. Your interest rate cannot increase or decrease more than 2 percentage points at first adjustment and 2 percentage points per subsequent adjustment from the initial interest rate excluding any buydown. Your interest rate will never be greater than 5 percentage points above the initial interest rate or lower than 2.75%.
• 5/1 ARM- Your interest rate under this ARM can change after 60 months and every 12 months thereafter. Your interest rate cannot increase or decrease more than 5 percentage points at first adjustment and 2 percentage points per subsequent adjustment from the initial interest rate excluding any buydown. Your interest rate will never be greater than 5 percentage points above the initial interest rate or lower than 2.75%.
Adjustable Rate Mortgage Disclosure: www.memberspluscu.org/adjustable-rate-mortgage-loan-disclosure/