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Journey Federal Credit Union



Mortgage & Home Equity Loans

We're a Home Lender You Can Trust

Dear Member,

We have good news if you need a home loan to buy, refinance, or tap home equity for your property in the state of Michigan!

You've seen a lot of news about the slumping housing market and its effect on access to affordable mortgages. The headlines and news reports sound ominous. Read between the lines, and you see that this also is a time of opportunity for borrowers with stable habits and clean credit records. That means you.

Some lenders got into trouble with risky types of loans. Sadly, some lenders made loans that were not in the best interest of the borrower--just to get a loan on the books. The very good news is that Journey Federal Credit Union doesn't operate that way, so our ability to make home loans and serve members is in great shape.

Journey Federal Credit Union is a member-owned, not-for-profit cooperative. We don't make business decisions that benefit the bottom line but hurt the consumer. Frankly, it makes us your best source for home loans across the board:

More good news: Home loan rates still are relatively low! Call us today at 989.224.9511. We don't make headlines, but we sure do make home loans.

The Board of Directors & Management Team

Real Estate Loans
Effective Date: Tuesday, March 31st, 2020
APR*Max TermEst. Monthly Payment
(per $1,000)
Max Loan Amount
Fixed Rate Home Equity Loan As low as
4.00% Fixed
Up to 120 months $18.45 $200,000
Rate may vary based upon term & LTV.
Premium Home Equity Line of Credit 4.25% - Variable Rate** (Prime Plus 1%) 15 year term; 5 year draw period 1.5% of the outstanding balance or $50; whichever is greater. Minimum: $5,000 Max: $100,000 or 80% loan to value.
Premium HELOC 81% Plus 5.25% - Variable Rate** (Prime Plus 2%) 15 year term; 5 year draw period 1.5% of the outstanding balance or $50; whichever is greater. Minimum: $5,000 Max: $100,000 or 80.01% loan to value.
Premium HELOC 91% Plus 6.25% - Variable Rate** (Prime Plus 3%) 15 year term; 5 year draw period 1.5% of the outstanding balance or $50; whichever is greater. Minimum: $5,000 Max: $100,000 or 90.01% loan to value.
Call our Loan Department at 989-224-9511 for rates, terms, an application, and disclosures.
Stated APR is the base rate available. An applicant's actual final rate may be higher, based upon creditworthiness which applies to mortgages and consumer loans. Property being financed must be located in the state of Michigan.
*APR = Annual Percentage Rate. Rate subject to risk adjustment. Credit restrictions apply.
**APR may vary up to a maximum of 18.00%. Prime Rate as disclosed quarterly in the Wall Street Journal.

Get Started

We are pleased to announce that we have partnered with Mortgage Center to help you navigate through today’s gloomy economic climate. It seems like everyone is trying to cut expenses and save money, regardless of their personal situation. If you’re trying to improve your cash flow, refinancing your home may be a logical option. Especially if you’ve been caught with a mortgage payment that has increased due to an adjustable rate—or will soon increase— refinancing may reduce your payments and keep your finances on track.

Mortgage rates are still low, and our Mortgage Center has a number of options to choose from. Whatever your situation, we will help you determine which refinance program is best for you. Payments can be made at all three JFCU locations, conveniently deducted right from your draft account, or mailed directly to Mortgage Center. For a no-risk, no-obligation consultation, call us today at 989.224.9511.

Our lending department is on hand to help you with all of your mortgage needs. JFCU has gone to all of our mortgage service providers and negotiated the very best rates and fees around. We offer everything from first time home mortgages to home equity loans. Call today - you'll be glad you did!

The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), designed to enhance consumer protection and reduce fraud, established minimum federal regulations for individuals who write mortgage loans. The SAFE Act also created a nationwide mortgage licensing database to help consumers ensure their mortgage loans are being handled by an employee licensed under SAFE Act guidelines.

Mortgage loan originators employed by a federally regulated depository, such as Journey Federal Credit Union, must meet the licensing standards established by the SAFE Act and be registered in the Nationwide Mortgage Licensing System (NMLS). To be eligible for registration under the SAFE Act, home loan originators are required by the federal government to attend classes related to mortgage licensing, pass federal and state tests, and complete credit and criminal background checks.

Journey Federal Credit Union’s NMLS number is 665895.

For more information, visit the NMLSR Consumer Access website or feel free to contact us directly.




Equal Housing LenderNational Credit Union Administration
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act
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