Life can be stressful — buying a home doesn’t have to be
Buying a home is exciting, but navigating the mortgage process can be daunting. Members Choice Credit Union members get the benefit of an advisor to guide you through the mortgage process, help you find the best home loan for your situation, and get a competitive rate.
$0 down, up to 100% financing available
Low closing costs
Explore all your options
You have many home loan choices, and we'll make it easy to find the best fit for you
Guide you to the best home loan
We can help find a home loan with a low rate that works for your family
Get the knowledge to get into a new home
With our local lending team, you have access to the knowledge and information you need to streamline the process
Free Home Buying Guide
Get our guide for finding, buying and financing a new home for yourself or a family member
Mortgage Account Access
Access your current mortgage loan account with Members Choice Credit Union*
With a Members Choice home loan, you'll enjoy the high level of personal service you expect from being part of our family.
Current Mortgage Loan example for a $150,000 loan amount, at 80% loan-to-value:
|Mortgage Term||Rates as low as
|15 Year Fixed
||3.375% interest rate / 3.599% APR
|30 Year Fixed
||3.750% interest rate / 3.877% APR|
Monitor your credit score with SavvyMoney
If you’re already a member, you already have access to SavvyMoney — a free, educational tool in your online banking portal. SavvyMoney is a way to help you monitor your credit score, prior to getting a hard pull during during the application process. Login, then click on the SavvyMoney link to get your current VantageScore 3.0 credit score and report.
Ready to get your mortgage loan started?
We’re committed to the Katy, Cy-Fair, and West Houston communities, so your loan and service will always stay local.
Start your Application Online
Then select “Get Started” from the left navigation to apply online.
FAQs about Mortgage Home Loans
Can I apply for a loan before I find a property to purchase?
Yes, applying for a mortgage loan before you find a home may be the best thing you could do. When you apply in advance, you are issued a pre-approval letter subject to you finding your new home. You can use the pre-approval letter to assure your real estate agent that you are a qualified buyer and that you are looking in the right price range to fit your budget. Having been pre-approved for a mortgage may also give more weight on any offer you make.
Are there fees charged or any other obligations if I complete the online application?
There is not a fee to complete an online application for any of our loan products.
If you are applying for a Mortgage (Purchase or Refinance), at the time the Loan Officer pulls your credit report to begin the pre-approval/loan process, a non-refundable fee of $55.00 is collected. If you are applying for a Home Equity or Home Improvement loan, the credit report fee not applicable. There is no obligation to complete the mortgage or equity process once an application is completed.
How do you decide what documentation is needed from me to process my loan?
The Loan Officer will do an interview with you and analyze your completed application, your credit report and an automated underwriting system to determine what documents are needed from you. During the processing and underwriting part of your loan file, other documentation may be required in order to prepare your loan for final approval.
Mortgage Resource Center
Mortgage Loan Rates
Mortgage rates are issued daily. Please contact a Mortgage Loan Officer at 281.754.1103.
Homeowners Insurance with TruStage
Home insurance protects your home and what's inside it. It covers you against losses or damage from fire, weather, theft and more. And it protects you from liability if an accident happens on your property. View More on TruStage
APR=Annual Percentage Rate
Mortgage home loans are available on residential primary residences and second/vacation properties and investment properties located in Texas. Manufactured homes not allowed.
If not currently a Members Choice member, a $5 deposit is needed to establish membership. All memberships and lending products are subject to approval including credit approval. As a part of our COVID-19 Member Assistance Program, Members Choice will cover your new membership opening deposit. Now through the end of April 2020, we will fund the standard opening deposit establishing membership on your main savings account at account opening.
* The mortgage account access tool is compatible with the following browsers: Internet Explorer 10 & higher, Google Chrome, Safari, and Firefox.
TruStage® Auto & Home Insurance Program is made available by TruStage Insurance Agency, LLC. Coverage provided and underwritten by Liberty Mutual Insurance and its affiliates, 175 Berkeley Street, Boston, MA 02116 USA. © 2018 Liberty Mutual Insurance Company. Liberty Mutual is an equal housing insurer. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverages and limitations. The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by your credit union. Your credit union enables this insurance program to be offered and is entitled to compensation from TruStage Insurance Agency, LLC.