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10 and Done Loan

What it is (besides awesome):

  • 10 year, non-variable mortgage
  • 3.49% APR*
  • No closing costs (!!!)
  • No application fees or appraisal fees
  • Stays here at MCCU – wouldn’t be sold to another company
  • Easy peasy, rice and cheesy

Why you might want it:

  • You could save some major money.
  • In 10 years you could finally be mortgage-free. (How incredible does that sound?!)
  • If closing costs have kept you from refinancing, this is for you. (Because there aren’t any closing costs! Wheeeeee!)
  • Conveniently make your own payments/transfers with eBranch or we can set up automatic payments for you.
  • Your loan would stay right here in Muscatine until its paid off.
  • Interest may be tax deductible (check with your tax advisor).
  • Pay the tax and insurance on your own terms (no escrow).

*APR = Annual Percentage Rate. Minimum credit score of 680 (mid-score) is required to qualify for this special. Minimum loan amount of $50,000. Loan approval is subject to qualified credit and satisfactory appraisal of your primary residence (second homes and rental properties do not qualify). Any title issues or exceptions may require additional title due diligence or full title insurance at the cost of the borrower.

If you’re interested in this loan, you can apply here (be sure to list “10 and Done” in the comments) or stop by either of our branches.

Questions? Give us a call at (563)264-7210, use Live Chat, stop by or email us at loanfolk@memberscommunitycu.org.

Our mortgage options are different for applicants who live outside of Iowa or Illinois. If this is you, please give us a call or stop by.