Mortgage Loans

HOME Sweet LOAN! Quick, easy & affordable mortgages

Buying a new home or thinking about refinancing?

Whether you’re buying a starter home or a vacation home – or even thinking about refinancing – DCECU can make getting a mortgage quick, easy and affordable. We offer:

  • Great rates on fixed and adjustable-rate mortgages1
  • Flexible terms
  • 10-day conditional approval2
  • Competitive closing costs
  • Up to $1 million in financing
  • Friendly, local DCECU service for the life of the loan


Just getting started? Ready to apply?


Your mortgage needs can vary, which is why we offer both fixed- and adjustable-rate options.

With predictable monthly payments for the life of the loan, DCECU’s Fixed Rate Mortgage3 is a great option for many members.

Not planning to stay in a home for a long period of time? Consider an Adjustable-Rate Mortgage (ARM)3,4. This mortgage allows you to make a lower monthly payment and build equity in your home faster than a higher fixed rate mortgage. Our Adjustable-Rate Mortgages have a mix of a fixed rate period and an adjustable-rate period.

In addition to affordable rates and easy terms, some of our mortgage loans are eligible for the potential year-end Member Giveback and Loan Interest Rebate5.

  1. Membership eligibility required. Loans subject to approval based on creditworthiness of applicants and collateral conditions. Limited to developed, non-agricultural, non-income producing homes located within Michigan. Other loan limitations may apply. ↩︎

  2. Conditional upon completed application and required documentation being provided by the applicant. ↩︎

  3. Purchase of Private Mortgage Insurance (PMI) required for financing above 80%. Some limitations may apply. ↩︎ ↩︎2

  4. After the initial period, your interest rate can change annually based on changes in the LIBOR index. Other terms and conditions may apply. ↩︎

  5. While year-end rebates and rewards occur with great regularity, this credit union benefit is not guaranteed. ↩︎