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Mortgage Loans

We Love First Time Home Buyers! Turn your dream home into an reality!

By completing a concise home loan application at People Driven Credit Union you'll engage with our expert team.

Apply Online
  • Overview

    Choose People Driven Credit Union for Your Mortgage

    Choosing People Driven Credit Union for your mortgage means personalized service, competitive rates, and flexible financing options tailored to your needs. Our team provides dedicated guidance and support, ensuring transparency and honesty. Benefit from low rates and clear terms while becoming part of our community-focused credit union. With convenient online tools, managing your mortgage is seamless and hassle-free. Let’s work together to make your dream of homeownership a reality.

    People Driven Credit Union is a full-service credit union with branches and ATMs that are easily accessible around Metro Detroit and Southeast Michigan.

    Mortgage Products:

    • Freddie Mac Fixed Rate
    • Fannie Mae Fixed Rate
    • Adjustable-Rate Mortgages 
    • Home Possible (Freddie Mac)
    • Home Ready (Fannie Mae)
    • Construction
    • Super Conforming
    • FHA
    • VA
    • RD/USDA

    What to do during the Mortgage loan process:

    • Quickly respond to all requests for documents
    • Pay all bills on time because a credit report will be pulled before closing
    • Don’t apply for any other credit accounts
    • Shop for insurance for the new home

    Personalized Mortgage Rate Quote:

    Navigating the world of mortgage rates can be complex. We’re here to simplify the process for you.

    Factors such as the current economic climate, inflation rates, credit score, loan term, and down payment all play a role in determining your mortgage rate.

    Use this quick (one-minute) form to get a Personalized Mortgage Quote.

    With our expertise and dedication to finding the most competitive rates, you can trust us to guide you through every step of your home-buying journey. Get started today and take the first step toward homeownership!

    Get Your Mortgage Quote

    Personalized Mortgage Rate Quote

    Navigating the world of mortgage rates can be complex. We’re here to simplify the process for you.

    Factors such as the current economic climate, inflation rates, credit score, loan term, and down payment all play a role in determining your mortgage rate.

    Use this quick (one-minute) form to get a Personalized Mortgage Quote.

    With our expertise and dedication to finding the most competitive rates, you can trust us to guide you through every step of your home-buying journey. Get started today and take the first step toward homeownership!

    Get Your Mortgage Quote

    People here are never in too much of a hurry to answer all my questions. They always have a smile on their face.

    Mea e.

    TruStage Insurance Agency. Home insurance savings for hard working people.

     

  • Rates

    Personalized Mortgage Rate Quote

    Navigating the world of mortgage rates can be complex. We’re here to simplify the process for you.

    Factors such as the current economic climate, inflation rates, credit score, loan term, and down payment all play a role in determining your mortgage rate.

    Use this quick (one-minute) form to get a Personalized Mortgage Quote.

    With our expertise and dedication to finding the most competitive rates, you can trust us to guide you through every step of your home-buying journey. Get started today and take the first step toward homeownership!

    Get Your Mortgage Quote

     

     

     

    Personalized Mortgage Rate Quote

    Navigating the world of mortgage rates can be complex. We’re here to simplify the process for you.

    Factors such as the current economic climate, inflation rates, credit score, loan term, and down payment all play a role in determining your mortgage rate.

    Use this quick (one-minute) form to get a Personalized Mortgage Quote.

    With our expertise and dedication to finding the most competitive rates, you can trust us to guide you through every step of your home-buying journey. Get started today and take the first step toward homeownership!

    Get Your Mortgage Quote

     

     

     

  • FAQs

    Frequently Asked Questions

    • Conventional Products
    • Freddie Mac Fixed Rate
    • Fannie Mae Fixed Rate
    • Adjustable-Rate Mortgages
    • Home Possible (Freddie Mac)
    • Home Ready (Fannie Mae)
    • Construction
    • Super Conforming
    Government Products:
    • FHA
    • VA
    • RD/USDA
    • Copy of your driver’s license
    • Last 2 years W2’s
    • Most recent 30 days span of paystubs
    • Last 2 years Federal Tax Returns
    • Most recent two months bank statements, all pages
    • Contact information for homeowner’s insurance agent
    People Driven Credit Union wants to be your mortgage lender! We partner with Member First Mortgage to provide you with a wide range of mortgage services. Whether buying your first home, building your dream home, moving up, or scaling down, Member First Mortgage has many programs to fit your needs. Apply for your mortgage online today or call (866) 898-1818 to start.

Ready to get the money you need?

Get your dream home with a PDCU mortgage loan.

Apply Online
Disclosures

Mortgage rates change daily; therefore, inquire with PDCU for current mortgage rates.

Enjoy the added convenience of making your payments with a Direct Deposit. *Use of a calculator tool is not a guarantee of credit.

*Available to all borrowers using a Conventional or Government mortgage loan program on a purchase or refinance transaction with People Driven Credit Union, NMLS ID# 776727 and Member First Mortgage, LLC (MFM), NMLS ID# 149532 only. All loans are subject to approval. additional restrictions may apply.

  • Lower your monthly mortgage payment
  • Eliminate Mortgage Insurance payments

Closing Costs Promo:

Conventional Disclosure: Available to all borrowers using a conventional mortgage loan program on a purchase or refinance transaction with People Driven Credit Union, NMLS ID: 776727, and Member First Mortgage, LLC (MFM), NMLS ID: 149532. Eligibility requires a borrower credit score of 620 or higher; detached, owner-occupied properties only. Refinancing an existing mortgage loan may result in higher total finance charges over the life of the loan. This is not a commitment to lend.

Member First Mortgage, LLC is an affiliate of People Driven Credit Union.

  • People Driven Credit Union: 24333 Lahser Rd., Southfield MI, 48033 | (248) 263.4100 | NMLS ID: 776727.
  • Member First Mortgage, LLC Corporate Office: 616 44th Street SE, Grand Rapids, MI 49548 | (866) 898.1818 | NMLS ID: 149532.

Equal Housing Opportunity.

Example: Based on a $200,000 loan with a conventional 30-year fixed rate term (360 monthly principal and interest payments of $1,280.62, not including taxes and insurance); annual percentage rate (APR) of 6.732%. The down payment assumes 5% cash required by the borrower with 95% financing.

The cost of Private Mortgage Insurance (PMI) is waived as part of this promotion, to be paid by the Lender.  This is not a commitment to lend. All lending products are subject to credit and property approval. Refinancing an existing mortgage loan may cause the total finance charges to be higher over the life of the loan. People Driven Credit Union 24333 Lahser Road, Southfield, MI 48033 | (248) 263.4100| NMLS ID: 776727 |

$100,000 – 30-year term at the interest rate of 7.928%, the monthly payment would be approximately $729

Payment Examples not including Taxes and Insurance, the actual payment obligation will be higher.

*APR = Annual Percentage Rate. Your actual APR will be determined at the time of disbursement and will be based on your application and credit information. Rates quoted assume excellent borrower credit history. Not all applicants will qualify for the lowest rate.

E H L. People Driven Credit Union is an Equal Housing Opportunity Lender NMLS #776727
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