Take YEARS OFF your mortgage and SAVE THOUSANDS!
Here's why a MICU Mini Mortgage makes sense:
This home refinancing option is called "mini" because the loan term is shorter - much shorter - than a standard home loan, which usually takes between 15 and 30 years to pay off. Fact is, with a MICU Mini Mortgage, you may be able to shrink your loan term to just 5-10 years!
Especially if you have 15 years or less left on your current loan, the MICU Mini Mortgage offers a great opportunity to lower your interest rate, which could help you save a small fortune on the total interest paid! Plus, there are
NO closing costs! NO points! NO fees!*
Monthly payments might increase, but if you're interested in saving THOUSANDS of dollars in interest, the MICU Mini Mortgage is the answer!
If you're looking for a lower monthly payment, click here to check out our other mortgage financing options.
- No fees on loans under $50K!*
- Low, fixed rates
- 5, 7, or 10-year terms
- Re-fi up to 80% of your home's value
- Mini Mortgages for as little as $20,000
- Interest paid can offer tax advantages**
Click here to run the calculator and see if a MICU Mini Mortgage makes sense for you!
*$250 appraisal fee for loans over $50,000. MICU membership required. Minimum loan amount $20,000.
**Consult your tax adviser for details.
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Membership is open to anyone who lives or works in McLean County, is related to a current MICU member, or would like to join the Mid-Illinois Dollars for Scholars Foundation.
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