Login HOME LOANS AFFORDABLE MORTGAGE OPTIONS Building, buying, or refinancing your home can be an overwhelming process. That’s why we do everything we can to make it simple. We know every situation can be different, so we invite you to tell us your story, so we can find the best loan for you! 30-Year Fixed Rates As Low As 3.308%APR* Down Payment Assistance Savings match program, counseling & more Mortgage Calculators Know your monthly payment or explore refinancing Knowledgeable Local Mortgage Lenders Local experts providing one-on-one help GET PRE-APPROVED VIEW CURRENT RATES APPLICATION LOGIN (existing applications) HOME LOAN TYPES S.T.A.R. Mortgage* Serving The American Responders – A loan built for first responders. Details $500 off closing costs Flexible terms 15 or 30-year Fixed, 5.5-year Balloon Two financing options: 0% Down, No PMI 3% Down With PMI, Lower Interest Rate See Who Qualifies VIEW RATES APPLY NOW Physicians Mortgage* A loan specifically for professionals in the medical field. Details New purchases & refinances eligible Fixed & Balloon flexible terms Three financing options: 0% Down, Zero PMI, for purchases up to $775K 5% Down, Zero PMI, for purchases $775K - $1.25M 10% Down, Zero PMI, for purchases $1.25M - $1.5M See Who Qualifies VIEW RATES APPLY NOW Conventional Loan A standard home mortgage loan for any qualifying borrower. Details Choose a term that's best for you (up to 30 years) Down payments as low as 3%* No prepayment penalties *View down payment details Best For Buyers who have a solid credit score and little debt. This is also the ideal mortgage for borrowers who can afford to make a larger down payment to avoid paying PMI. VIEW RATES APPLY NOW Portfolio Loan A flexible loan for members who don’t fit into a traditional box. Details Loan held in-house to allow for creative solutions One-on-one help from a mortgage expert No Prepayment Penalties Best For Buyers who need a little extra help meeting requirements due to low credit score or high debt-to-income ratio. Also a good option for borrowers who might not be able to provide certain documentation. VIEW RATES APPLY NOW Jumbo Loan Considered a non-conforming loan, it exceeds the dollar amount loan-servicing limits put in place by Freddie Mac and Fannie Mae. Details As of 2021, the conforming limit is $548,250 in most of the U.S. Conforming limit is higher in counties with higher home prices Check your area’s loan limits using the Federal Housing Finance Agency tool Best For Buyers who are considering buying a home that costs more than the conforming limit. Ideally, jumbo loan borrowers have a good credit score and debt-to-income ratio, and can provide supporting documentation. VIEW RATES APPLY NOW FHA Loan A mortgage loan insured by the Federal Housing Administration. Details Flexible application guidelines Process is more forgiving of past credit mistakes Down payment will likely be less than a conventional loan Best For First-time homebuyers who may not have saved enough for a large down payment. Also an option for borrowers who have suffered from previous bankruptcy, foreclosure, or other credit issues. VIEW RATES APPLY NOW USDA / RD Loan A government-backed mortgage loan for rural homebuyers. Details Flexible down payment options USDA credit qualifications are less rigid Low rates Best For Low-to-moderate income borrowers who don’t qualify for a traditional mortgage loan, and are able to meet specific geographic and income qualifications. VIEW RATES APPLY NOW Vacant Lot & Land Loan A loan used to finance the purchase of a plot of land. Details Up to 80% financing available Flexible terms Proper financial & land documentation required Best For Buyers wanting to purchase a vacant lot, or piece of undeveloped land to build on. Also an option for commercial business purposes. VIEW RATES APPLY NOW Construction Loan A short-term loan used to finance the construction of a home. Details Down payments as low as 5% Construction terms up to 12 months One approval process & one set of closing costs Interest-only payments during construction Best For Buyers wanting to build their dream home, or take on a large real estate improvement project. VIEW RATES APPLY NOW Need Help? Buying a house is a big decision, and everyone’s situation is different. When you finance your home at Honor, you won’t have to do any guessing when it comes to choosing a loan. We strongly recommend you reach out to our team of expert mortgage lenders, tell them your story, and let them build the right solution for you! CONTACT A LOCAL EXPERT *View Terms & Conditions MORTGAGE CALCULATORS Payment Calculator Use this calculator to determine your estimated monthly payment. CALCULATE PAYMENT Payoff Calculator Use this calculator to determine how much interest you can save by increasing your payment. CALCULATE PAYOFF Refinance Calculator Use this calculator to determine if refinancing your current mortgage makes sense. CALCULATE AMOUNT Midwest Loans Login If your mortgage is serviced by Midwest Loans, you can access your secure account by clicking the button below. ACCOUNT LOGIN Home Equity Loans Home equity loans are great low interest ways to finance projects using the equity you’ve built in your home. LEARN MORE DOWN PAYMENT ASSISTANCE We understand you might feel pressure to save up enough money for a mortgage down payment. But, we are working with Freddie Mac to provide an exciting solution for qualifying buyers! With MatchUpSM, an All For HomeSM solution, we’ll help you automate a mortgage savings plan to keep you on a steady savings path towards purchasing your new home, provide access to HUD-approved homebuyer counseling*, and establish a savings match up to $2,500 to be used towards down payment or closing costs. Get Started For more details, and to see if you qualify, simply give us a call at 800.442.2800 CONTACT US The MatchUp Journey After you complete an eligibility assessment and you are approved for the program**, you’ll have access to the EarnUp online savings platform to set up your automated savings plan. Here’s how it works. Establish Program Eligibility Available to households whose total gross qualifying income is less than or equal to 80% of the county area median income (AMI) Program only eligible for house purchases within the state of Michigan Homebuyer Counseling Pre-purchase homebuyer counseling required* Professional, HUD-certified counselors offer expertise and insights Establish your savings goal Develop budget and action plan to get you mortgage-ready Manage Your Savings Plan Make consecutive deposits into a free online savings account for a minimum of six (6) months Reach your savings goal Purchase Your New Home Bring your accumulated savings to close in an appropriate, predetermined format Honor Credit Union provides funds at closing Your Contribution Savings Match^ $1,250+ $2,500 $1,000 to $1,249.99 $2,000 $750 to $999.99 $1,500 $500 to $749.99 $1,000 *Homebuyer counseling is required. Borrower is responsible for the $99 homebuyer counseling fee. **Borrower(s) whose qualifying income is less than or equal to 80% of county AMI can take advantage of this program. Funds can be used towards your down payment or closing costs. ^Honor Credit Union provides funds at closing MEET OUR MORTGAGE TEAM Our team of mortgage lending experts across the state of Michigan are ready to guide you through the entire home buying experience, from pre-approval to closing. The Honor mortgage team can help you decide which home loan is best for you, what your payments might be, and give you some insight into additional costs you might not have known about, such as earnest money and PMI. Come tell us your story. We look forward to helping you! CONTACT A LOCAL EXPERT Our local mortgage experts know your community because they live and work there Your mortgage lender will be with you through the entire process, from pre-approval to closing Our mortgage experts can give you helpful tips and ideas to think about throughout your journey MORTGAGE RESOURCES We want to make sure your home buying experience is as easy as possible. We’ve dedicated a section of our blog to mortgage and home buying topics. We hope you find them helpful. If you have questions, reach out to our Mortgage Team or give us a call at 800.442.2800. Why Curb Appeal Is Important To Your Home’s Value If you’re considering selling your house, learn why it’s important to keep your home’s exterior clean, and maintain your yard. Honor Announces Mortgage Solutions For American Responders & Physicians Learn about Honor’s new mortgage options for active and retired military, medical professionals, and more. How To Buy A House: A Step-By-Step Guide Everything you need to know about buying a house, from selecting a realtor, to signing your closing documents. How Gift Funds Can Help You Buy a House A gift fund can help with the financial burdens that come with buying a house, but there are some important things to know. FREQUENTLY ASKED MORTGAGE QUESTIONS How do I get pre-approved for a mortgage? What should I bring to my mortgage appointment? Can I apply for a mortgage before I find a property to purchase? How are mortgage interest rates determined? What is PMI? What is escrow? Does Honor offer down payment assistance? Honor Credit Union is a proud member of: *APR = Annual Percentage Rate. Your rate may be different depending on your credit profile and home value. Rates are subject to change without notice. Additional restrictions may apply. Chat Routing Number: 272484852 Careers Privacy & Security Disclosures NMLS Copyright© 2021 Honor Credit Union Insured by NCUA. Equal Housing Opportunity. We do business in accordance with the Fair Housing Act. If you are using a screen reader or other auxiliary aid and are having problems using this website, please call 800.442.2800 for assistance. All products and services available on this website are available at all Honor Credit Union full-service locations.