Couple unpacking in their new home

HOME LOANS

Community West Credit Union can help turn your dream of home ownership into a reality. Whether you're buying your first home, upgrading your space, refinancing your current loan, or looking to build your dream home - our local mortgage experts are here to help! Our experts are here to guide you through every step of the process, ensuring a smooth and stress-free experience.

Fixed-Rate Mortgage

We offer traditional fixed-rate mortgages between 10 and 30-year terms, allowing you to customize your monthly payments to suit your family's budget. Our fixed-rate mortgage services also come with many other benefits that make buying a new home convenient, including affordable rates and low down payment options.

Zero Down Mortgage

Our zero down mortgage is ideal for homebuyers who have limited resources and want to build equity. This option does not require you to put money down, giving you more flexibility when buying a house. It also gives you the ability to purchase a home before you receive funds from selling your current home.

Mortgage Refinance

If you wish to lower your mortgage interest rate, minimize your monthly payment, or adjust your current term, consider refinancing your mortgage with Community West. We offer 10, 15, 20, and 30-year refinancing terms to help members update their mortgages to reflect their current financial circumstances.

Mortgage Retirement Loan

Members looking to pay off a mortgage or consumer debt sooner can benefit from our Mortgage Retirement Loan. This solution enables you to retire your mortgage in 10 years or less so you can focus on financial security or independence earlier in life.

Home Equity Loans

Our home equity loans are designed for homeowners who want to use the equity they have accrued over the years. These loan options enable you to leverage your home's current value to pay for remodeling projects, education expenses, or other large purchases.

HELOC (Home Equity Line of Credit)

While a HELOC is similar to a standard home equity loan, there is a major difference. HELOCs allow you to borrow a larger amount but the interest only accrues on the amount you have use, keeping the financing flexible to best suit your current needs.

Construction Loan

A construction loan allows you to borrow money to build the home of your dreams. Depending on your budget, the loan can cover most or all building costs - including building materials, contractor labor, land costs, and necessary permits. These loans are then refinanced into a permanent mortgage at the time of completion.

Land Loan

Individuals who plan to build their dream home can apply for a land loan to secure the ideal site in West Michigan. These 10 to 15-year term mortgages come with fixed rates, and buyers can use them for up to 20 acres of unimproved land. This is perfect for those members looking to buy property for farming, hunting, and more!