Mortgage Solutions

Applicable rate varies depending on member’s credit qualification. Credit limit based on credit qualifications and loan-to-value ratio (up to 97% of fair market value of Michigan primary residence less other liens). Terms are subject to change without notice. Property, title and/or flood insurance are required if applicable.

⁸Mortgages: DFCU Financial does business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. DFCU Financial is an equal opportunity lender. All home lending products are subject to credit and property approval. Rates and program terms and conditions are subject to change without notice. ARM rates and payments may increase or decrease after consummation due to market-driven changes to the index.  ARM rate and payment adjustments are based on the One Year LIBOR index rate plus 3.00% margin.  For the 5/1 and 5/5 ARMs, the interest rate can increase or decrease up to 2% the first adjustment period and 2% per adjustment period after that, with a lifetime cap of 5%.  For the 7/1 and 10/1 ARMs, the interest rate can increase or decrease up to 5% the first adjustment period and 2% per adjustment period after that, with a lifetime cap of 5%.