Home Loans
Fixed Rate Mortgage
Our competitive fixed rate home loans give you the power to do more with your money! Contact us to learn more today.
- Finance up to 95% of purchase price
- Terms up to 30 years
- Comparably low closing costs
- Private Mortgage Insurance (PMI) May Apply
Variable Rate Loans
Variable rates may be fixed for the first 5 or 10 years. After the lock period, rates may not change more than 1% in any one year or more than 5% over the life of the loan.
- Borrow up to 90% of the purchase price
- Amortize at a term up to 30 years
- No Private Mortgage Insurance (PMI)
Home Equity Loans
From paying off higher-interest debt to funding your dream vacation, this flexible loan puts cash in your hands when you need it.
- Borrow up to 90% of your home’s equity (minus 1st mortgage balance)*
- As little as $50 in closing costs if initial advance is at least $10,000.00
- Interest may be tax deductible
Home Improvement Loans
From a kitchen remodel to finally finishing the basement, make your next project happen with a Home Improvement Loan!
- Borrow up to $15,000.00 for 5 years
- Bid or estimate of work is required
- Call us at 573-659-3420 to apply
Construction Loans
Build the home of your dreams with our construction lending program! Contact us to learn more today.
- Borrow up to 90% of proposed home’s subject to completion value
- Competitive interest rates
- Bid or estimate of work is required
Land Loans
Stake your claim with a MECECU Land Loan. Whether you’re purchasing or refinancing for recreation or living, finance with us and save!
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Borrow up to 90% of purchase price
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5 and 10-year rate lock options
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30-year amortization schedule
Get Started
Follow the process below to begin your application or call
(573) 659-3420 to speak with a loan officer!
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1
Visit Home Loan Site
Clicking ''Apply Now'' will direct you to our Home Loan Application site.
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2
Select Loan Type
Select desired loan in the drop down menu under “Start Your Application”
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3
Fill it Out
Follow the prompts until you reach the end of the application. Click ''Submit''
Apply Now
*To determine the value of your property, we may work off of an existing appraisal if it’s dated within the last two years. If a new appraisal or home valuation is needed, the borrower would incur this expense regardless of the loan amount. Click to view our Home Equity Disclosures.