Apply for an ICCU Mortgage

ICCU Mortgages

Whether you are buying or refinancing your home, ICCU's mortgage experts promise you exceptional personal service and a full range of loan products to fit your individual needs. 

Isabella Community Credit Union mortgage services include:  

  • Closings in typically 2-4 weeks
  • Exceptional member-focused service
  • Some of the area's lowest closing costs
  • Helping homeowners for 27 years 

Affordable Home Ownership:  Get the home loan that is best for you with help from your credit union. ICCU can assist you with home ownership, including financing, budgeting and saving money before, during, and after your biggest investment purchase or refinance.

A home is so much more than walls, windows and a bathroom, and ICCU is much more than a lender.  Call Gail or Jodie today and find out why people give ICCU's mortgage department a big thumbs up for service and speed. There has never been a better time to buy with low mortgage interest rates and homes priced to sell.  ICCU offers fast, convenient processing, with closing typically in 2-4 weeks.

Residential Mortgage Loans

  • Conventional Mortgage - A mortgage that is initiated for the purchase or refinance of a one to four family, owner-occupied dwelling.  Fixed terms up to 30 years, with as little as 5% down!  
  • Home Equity Loan - A line of credit or fixed rate loan based on the equity of a one to four family, owner-occupied dwelling.
  • Home Improvement Loan - A closed-end installment loan, secured or unsecured which can be used for repairing, remodeling, or rehabilitating a one to four family residential dwelling.   
  • Vacant Land Loan - Financing available up to 70% of the purchase price, or appraised value on vacant land and/or hunting property.  

Five and seven year balloons are available to help make the payment more affordable. Amortization not to exceed 20 years. 

Available on property zoned as residential or single-family agricultural (not a working farm). 


5, 7, & 10 Year Balloon Mortgage

 A balloon mortgage is good for those planning to live in a home for 5, 7, and 10 years or less; for those who want to lower their existing mortgage payment; or who have less than 10 years to payoff their mortgage.

Residential Construction loan

Finance up to 80% of the construction price or appraised value at ICCU, with minimum monthly interest payments during the construction loan period. Terms up to 6 months.

 Click here for more information.


Mobile Home Loan

• Terms available:
         * Five-year balloon with payment schedule up to 180 months
         * Fixed rate up to 84 months
• Minimum of 20% down payment required

Learn More 


Special Mortgage Products

Learn more about our special mortgage products

USDA Rural Development Loan

No down payment required, 100% Financing, and terms up to 30 years

Federal Housing Administration (FHA)

3.5% Down payment

Veteran's Affairs Mortgage (VA Loan)

Special offer just for Veterans! 

Home Ownership: The Best Time to Buy in Years 

With some of the lowest mortgage rates in years, incredible options and no application ICCU mortgage is a great value. You can save some serious green at your credit union! 

  • Stop renting and start owning: ICCU offers a straight forward approach to home ownership financing, without hidden costs or fees. You will know everything upfront, before signing on the dotted line.
  • Fast Service:  Your credit union is known for fast professional service. Many REALTORS choose to work with ICCU based on those two factors alone.  Most mortgage closing are completed with 2-4 weeks.  Have a question? Ask Gail or Tami for straight-forward, easy to understand assistance. 
  • Already have a mortgage? Fast refinancing is available with low closing costs to reduce your payments. Interest rates change daily.  If you have a credit score over 740, you may be able to avoid many of the fees at closing.

Typical ICCU Mortgage Closing Costs

Your credit union is proud of offer some of the area's LOWEST closing costs.  Surveys of area financial institutions are regularly conducted for comparison, and ICCU typically comes up on top (or should we say "bottom" of the cost list) each time.

ICCU can save members hundreds mortgage closing costs.  All items/fees below are subject to change. Some fees are a based on individual credit scores, and additional fees may apply. Contact ICCU's Mortgage Department for details.

Typical ICCU Mortgage Closing Costs

Credit Report $20 to $25 (if joint).   Collected at time of application.
Appraisal Fee  $375 to $400
Commitment Fee  $450
Flood Plain Determination  $12
Condition Fee
1/4% of the amount  financed (varies)
Title Insurance See scheduled rates
Mortgage Subordination Fee  $100
Recording Fee  $53 and up
Tax Service Fee  $64
Title Company Closing Fee  $175 to $200
Underwriting Fee  $18

Initial deposit to Escrow Account varies based on date of the mortgage closing. 
ICCU offers some of the area's LOWEST mortgage closing costs. 

Information and costs are subject to change • As of March 8, 2014 • Additional fees may apply 

ICCU Mortgage Department Contacts

Jim McClain
NMLS #405270
Mortgage/Commercial Loan Manager
Phone: 989-773-5927 ext. 230
Gail Zeneberg
Mortgage Loan Officer
Phone: 989-773-5927 ext. 242 
Jodie Richardson
NMLS# 1228132
Mortgage Loan Officer
Phone: 989-773-5927 ext. 264 

ICCU's mortgage department is located at  2400 South Isabella Road, Mt. Pleasant, MI 48858

Building lifetime member relationships as a trusted financial partner
Equal Housing LenderNational Credit Union Administration
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act