MICU Mini Mortgage

Take YEARS OFF your mortgage and SAVE THOUSANDS!

MICU mini-mortgage. Pay off you home in as little as 5-10 years.

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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