May 31, 2011

It Just Keeps Getting Better! Rate drop means extra value for LMCU members.

The dedicated mortgage team at Lake Michigan Credit Union is committed to providing you with a personalized, consultative approach when working with you to get an affordable mortgage. In addition to the best service, you’ll also receive the best rate! This means your mortgage experience will be an exceptional one.

Because of a recent unexpected drop in mortgage rates, to near historic lows, now may be the perfect time to purchase a home, cottage, condo or to refinance your existing mortgage. By refinancing, you may save hundreds, even thousands of dollars, in interest expense over the life of your mortgage.

Call us at (616 or 800) 242-9790, stop by any of our 31 convenient branch locations, or visit us online at LMCU.org/Mortgage and experience “The Best Place for Your Mortgage.”

*APR = Annual Percentage Rate. Base rate is quoted, rate as of 5/31/2011. The monthly payment schedule would be $1,173.50 at an interest rate of 3.875%. This payment schedule is based on a $160,000 loan on a $200,000 property value. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.
**Your rate may vary depending on your specific credit terms and property analysis. Max Mortgage program. Rates subject to change.

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