July 5, 2011

Introducing the SmartMove Mortgage

Now there’s a great way to take control of your mortgage that may save you money and allow you to pay off your mortgage sooner! Introducing the SmartMove Mortgage from LMCU, an innovative and intelligent approach that allows you to switch your current mortgage over to LMCU with zero out-of pocket costs. Plus, you can set the term based on what makes the most sense for you…from one year, up to 15, all at an exceptionally low rate.

 What makes the SmartMove Mortgage so smart?
  • No out-of-pocket costs
  • No appraisal costs
  • You set the term - up to 180 months!
  • No closing costs
For details, or to see if the SmartMove Mortgage may be right for you, visit any branch location or call (616 or 800) 242-9790 or click here.


Anonymous said...

Who is eligible for this smart move mortgage?

Lake Michigan Credit Union said...

Here are some of the SmartMove Mortgage program details:
• Select the repayment term up to a maximum of 180 months
• 4.50% fixed APR*
• Combined Loan to Value (CLTV): Maximum 70%
• Debt to income (DTI) ratios: Maximum 40%
• Credit Score: Minimum 720
• Occupancy: Owner occupied and second homes only

Anonymous said...

Can someone living in Trenton, Michigan apply for such a mortgage? Or it has to be someone living in Grand Rapids

Lake Michigan Credit Union said...

Yes, you can apply. Please call our toll-free number at 1(800) 242-9790 to get started. There are some restrictions as mentioned above but you do not have to live in Grand Rapids to take advantage of this program.

Rick said...

I would love to do this on my primary residence; does this loan only apply to 2nd homes or am I misunderstanding something. Thanks....Rick

Lake Michigan Credit Union said...

This can apply to your primary residence.

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