First Mortgage Lending!

In conjunction with Members Financial Development Corporation, a wholy owned subsidiary of Ball State Federal Credit Union, we offer a complete line of first mortgage programs to include FHA, VA, Conventional, and First-Time Homebuyer programs

First-Mortgage Residential Financing:

  • Terms up to 30 years for fixed-rate and adjustable-rate mortgages
  • Zero to low downpayment programs available
  • Programs for borrowers with credit challenges
  • Second-Mortgage Existing Home Financing:
    • Terms of 5, 10, and 15 years available
    • Very low closing costs
    • A flexible plan for homeowners
  • Home Equity Line of Credit:
    • Funds accessible simply by writing a special check
    • Very low closing costs
    • Specially designed for convenience
  • Our First Mortgage rates vary daily