Conventional Mortgage Loans
Find the right mortgage loan to match the perfect house.
A conventional mortgage is the most popular mortgage program with a variety of loan options and terms. CMCU offers terms that are right for you and your lifestyle, including 15-year and 30-year fixed-rate mortgage loans. Your local CMCU mortgage lender can help you determine if a conventional loan is the right option for you.

Down Payment
Typically, a 20% down payment is preferred for a conventional mortgage loan. The more money you're able to put down, the less you'll need to pay back with interest.
Credit Score
CMCU helps work with all credit scores to find the right mortgage loan. When it comes to conventional loans, borrowers generally need to have a minimum credit score of 620.
Debt-to-Income Ratio
We calculate your debt-to-income ratio to ensure we follow ATR (ability to repay) guidelines. Each borrower may have different terms depending on his/her financial situation.
Mortgage Loan Calculator
Estimate monthly payments and total interest paid on any fixed-rate mortgage loan.

HELPFUL TIP
Apply for a mortgage loan today!
We’re ready to help finance your perfect home with your perfect mortgage.
Apply NowMortgage Programs
Check out some of the mortgage loan options available with CMCU:
ADJUSTABLE-RATE
MORTGAGE (ARM)
Mortgage Loans with variable interest rates which may fluctuate payments.
FIRST-TIME
HOME BUYERS
Learn more about purchasing your first home and your options available.
LAND
LOANS
Loans are available for the purchase of property such as for hunting or investment.
FHA
LOANS
Funds are available from the Federal Housing Administration to low-moderate income families.
HOMEREADY BY
FANNIE MAE
A program for credit-worthy low-to-moderate income borrowers or homes in low-income communities.
VETERANS
AFFAIRS (VA)
A VA loan helps provide home financing for eligible Servicemembers, Veterans, and surviving spouses.
Membership
Not a Member? Join us today!
- Wide variety of products
- 21 convenient branch locations.
- Online and mobile banking
- 24,000 ATM locations nationwide
- Online Bill Pay and eStatements
- Low interest rates on loans
- High interest rates on savings
- Low cost or free checking
Please note, while you are undergoing the mortgage loan process, it is best that you check with your mortgage lender before opening any other loans at the same time.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.
We may also ask to see your driver’s license or other identifying documents.