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Home Loans (Mortgages)

Whether you’re searching for your dream home or looking to ease the burden of high monthly payments, Extra Credit Union is here to help make homeownership more affordable and stress-free. We offer a wide range of mortgage solutions—like FHA, MSHDA, and adjustable rate mortgages—and our experienced mortgage team can help you find the perfect fit for your family’s needs. Plus, enjoy a quick, free mortgage pre-approval to shop with confidence.

Wide Range
of Programs
Free
Pre-Approval
Flexible
Terms
Expert Local
Guidance
Competitive
Rates
Easy Online Access
(via Member First Mortgage)

Why Choose Extra Credit Union?

At Extra Credit Union, you're more than just a customer—you're a member-owner. We prioritize your financial well-being by offering personalized service, competitive rates, and a suite of benefits designed to help you achieve your goals.

Member Benefits:

We look at your story, not just your score, to give you a fresh start.

Save more, borrow smarter, and keep your money working for you.

Keep more of your hard-earned money where it belongs — in your pocket.

Get one-on-one support from people who know you, not a call center script.

We invest in schools, educators, and local initiatives because when our community thrives, we all thrive.

Enjoy identity theft protection, buyer protection, cell phone coverage, travel discounts, and more through our checking accounts.

Access resources that empower you to make confident financial decisions.

Tap into special discounts and offers through Love My Credit Union Rewards.
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Loan Rates

Check out our competitive rates to find the best loan option for your budget and goals.

Make a Payment

Easily make a loan payment anytime, anywhere with our secure online payment tool.

Debt Crusher Program

Feeling buried by high-interest debt? You’re not alone — and you don’t have to face it by yourself. At Extra Credit Union, we created the Debt Crusher Program to give you a way forward. With one manageable monthly payment designed around your budget, we’ll help you take control, pay down what you owe, and finally breathe easier. We’ll even pay off your existing creditors directly — so you can stop stressing about balances and start moving forward.

Debt Crusher is built with you in mind.

  • A clear payoff timeline — no more endless payments or revolving balances.
  • Automatic payments weekly, biweekly, or monthly to fit your cash flow.
  • Personalized guidance from real people who want to see you succeed.
  • Fair, competitive rates that reflect your income and situation.

We’ll start by reviewing your credit report — not to judge, but to understand your history and help you improve your score. Your loan amount is based on your monthly income, so payments are realistic and sustainable. Once approved, we’ll pay your creditors directly and help you close accounts that are keeping you stuck in the debt cycle.

  • One affordable payment, with terms up to 60 months.
  • Automatic payments to make budgeting simple.
  • Loan limits based on income, keeping payments manageable.
  • Extra Credit Union pays your creditors directly, saving you time and stress.
  • Personalized support and a clear path to financial freedom.
Smiling Black Couple Discussing Total Amount Of Their Spends At Home

Types of Creditors We Can Pay Off:

Credit card balances, payday lenders, auto lenders, finance companies, retail store accounts, and even medical debt — if it’s weighing you down, Debt Crusher helps lift the burden.
Credit Card Balances
Payday Lenders
Auto Lenders
Finance Companies
Retail/Store Accounts
Medical Debt

Money Made Simple:
Your Questions Answered

Have questions about banking with Extra Credit Union? We’ve got you covered. Explore our FAQs to find quick answers about accounts, services, fees, and more.

Online at ExtraCreditUnion.org, by calling one of our Mortgage Specialists at (586) 276-3109, or by scheduling an appointment with a Member Service Coordinator at our front desk.

Note: Please be advised that by clicking on/tapping the link above, you are now leaving Extra Credit Union’s website. This link is provided as a courtesy. Extra Credit Union does not control the policies, content, and/or any transactions that occur on third-party websites.

It takes 30 to 45 days from the time of application to closing your loan. This time allows us to thoroughly review income, perform an appraisal of the property, and verify title work. Note: additional information/requirements may apply.

We verify 30 days of pay stubs, two years of federal tax returns, and any fixed annual income statements, such as social security. We’ll also need two months of bank statements, your ID, and proof of insurance on the home.

Note: For any mortgage servicing related questions: Escrow, tax, insurance, payment, fees, statements, payoff, etc. … please call MFM service dept. at (866) 898-1818.

This is typically a written statement from a lender stating that you qualify for a specific loan amount based on credit and income information. Advantages: This allows you to get a good idea of what you can afford while shopping for a home so that you can solely target those within your price range. It also helps to speed up the mortgage process once you find your dream home and the process moves forward. An offer on a home with a pre-approval stands out and might be taken more seriously over a buyer who doesn’t have one.

A mortgage pre-approval is good for 90 days. An auto loan pre-approval is good for 30 days.

Your Financial Journey Starts Here

Unlock personalized banking, exclusive rewards, and a community that supports you. Take the next step toward your financial freedom today.