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Construction Mortgages

Build a home as unique as you

Apply Now Make A Payment

Construction Mortgages

Build a home as unique as you

Apply Now Make A Payment
Members 1st is freeing people from the limitations of home buying by providing affordable and flexible financing to build their dream home. Construction loans finance the entire build of a new home and transition to a traditional 30-year fixed-rate mortgage at the end of construction.

Loan Features

Enjoy the advantages of a Members 1st construction loan.

Land Loans

Borrow up to 85% of the land’s value with terms from 20 years.

Up to $2M

Borrow up to $2,000,000 to build your custom home.

Interest-Only Payments

Enjoy interest-only payments during ther 12-month construction period.

Flexible Terms

Choose from a 10 to 30 year term tailored to you.

Rates

View our current mortgage rates at roguecu.org
M1CU is an Equal Housing/Equal Opportunity Lender

We do business in accordance with the Fair Housing Act

(The Civil Rights Act of 1968, as amended by the Fair Housing Amendments Act of 1988)

The Fair Housing Act protects people from discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities.

Who is protected?

It is Illegal to Discriminate Against Any Person Because of Race, Color, Religion, Sex, Handicap, Familial Status, or National Origin

  • In the sale or rental of housing or residential lots
  • In advertising the sale or rental of housing
  • In the financing of housing
  • In the provision of real estate brokerage services
  • In the appraisal of housing
  • Blockbusting is also illegal

How to Report Housing Discrimination

Anyone who feels he or she has been discriminated against may file a complaint of housing discrimination:
1-800-669-9777 (Toll Free)
1-800-927-9275 (TTY)
www.hud.gov/fairhousing

U.S. Department of Housing and Urban Development
Assistant Secretary for Fair Housing and Equal Opportunity
Washington, D.C. 20410

1. All lending products are subject to credit and property approval. Terms, conditions, and interest rates are subject to change without notice. Certain restrictions may apply and may vary based on borrower qualification and collateral conditions. This is not a commitment to lend. Down payments less than 20% of the loan amount may be subject to private mortgage insurance (PMI).

Apply now or speak with one of our loan officers at (800) 303-3838.

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