Mortgage Overview
To Fit Your Life
Buying a home is the American dream. And at Manville Area FCU, we’ve been helping members achieve their dream of homeownership since 1937. There are many impactful reasons to choose us for your mortgage: we’re experienced in real estate lending, we know the greater Manville area, and we know you! If you’re buying a home or refinancing, consider tapping into our expertise and a personal level of service you can only receive from MAFCU.
Choose the term that fits your needs:
Save with low rates and a set payment amount
Traditional & Fixed-rate Mortgages 10 years
Traditional & Fixed-rate Mortgages 30 years
First-time Buyer?
If you’re a first-time buyer, we’ll help explain the process. If you’re moving up, refinancing, or even downsizing, we have a product right for you. No matter your budget, we’ll be with you every step of the way, ready to assist.
Consider Refinancing
See us first for this important life step.
If you’re comfortable in your home, we can help with an easy refinance at a lower rate and payment – or a shorter term so you can pay off your home faster.
Mortgage Types
There are several types of mortgages offered by Manville Area FCU, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), and government-insured mortgages. Fixed-rate mortgages have an interest rate that remains the same for the duration of the loan, while ARMs have an interest rate that can fluctuate over time based on market conditions. Government-insured mortgages, such as FHA loans and VA loans, are backed by the federal government and may have more lenient underwriting standards and lower down payment requirements.
To Apply
Individuals must first become a member of the credit union. Credit union membership is typically open to individuals who live, work, worship, or attend school in a specific geographic area, or who belong to a specific group or organization. Credit unions may also have membership requirements based on an individual’s employment or occupation.
Why Manville Area FCU?
One of the main benefits of obtaining a mortgage at Manville Area FCU is the personalized service that credit unions offer. Credit union mortgage lenders often take the time to get to know their borrowers and understand their financial needs and goals. Credit union mortgage lenders may also be more willing to work with borrowers who have less-than-perfect credit or who may not qualify for a mortgage at a traditional bank.
Another benefit of obtaining a mortgage at MAFCU is the possibility of receiving a lower interest rate and lower fees. Credit unions often have more flexible underwriting standards and may offer more favorable terms to their members. Credit unions may also offer mortgage products that are not available at traditional banks, such as balloon mortgages and adjustable-rate mortgages with interest-only payment options.