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Conventional Loan

Ready to buy or refinance a home?

Purchase or refinance your perfect place with a conventional home loan.


Competitive rates

Help keep your monthly payments affordable.


Low down payment options

You may not need 20% down, making it easier to buy now.


Repayment term options

Choose a term that works best for your goals and budget.


Seller-paid closing

Don't worry, we allow seller paid closing costs.


Multiple use property types

Finance a primary, secondary, or investment property.


Expert support

Our experts know their stuff! When you need guidance, count on us.

Calculate your monthly payment1

Monthly Payment

Competitive Rates

Affordable loans

High interest rates limit your buying power. Keep your payments affordable with a competitive-rate conventional mortgage loan

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Flexible Terms

Choose your term

We offer a variety of repayment terms so you have more control over your monthly and total payments.

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Trust is a top reason members choose Members Mortgage.

— 2023 Mortgage Processing Survey

How it works

It's easy to get a conventional mortgage loan.

  • 1

    Complete an application

    Apply online, over the phone, in person, or through video banking.

  • 2

    Get approved or pre-qualified

    We’ll let you know if you’re approved or pre-qualified to refinance or purchase.

  • 3

    Buy or refinance your home

    Use the loan funds to buy a new home or refinance your current home.

Apply now

Have questions? We're here to help!


Schedule an appointment


Schedule now


Meet virtually


Video Banking


Give us a call


Call 218-625-8580

A smart path to home ownership


With competitive rates and low down payment options, it’s easy to purchase your next home with a conventional loan.


Apply now


1 The calculator is provided for informational purposes only and any calculation is solely an estimate based on the information you provide. Calculations do not include amounts for taxes and insurance premiums, if applicable, and your actual payment obligation may be greater. Contact Members Cooperative Credit Union at 1-800-296-8871 for more information.

Home Mortgage Disclosure Act Notice

The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, and income of applicants and borrowers; and information about loan approvals and denials. Inquire at any branch office regarding the locations where HMDA data may be inspected.

Use of online or other electronic services may require specific hardware and software and your agreement to certain terms and conditions. Access is subject to the availability of the internet, cellphone and network coverage and plans, and typical service interruptions stemming from your providers or the credit union’s providers.

Video Banking

Juneteenth Holiday Closure All offices will be closed Wed., 6/19, for Juneteenth. β€―ATMs, mobile services, and online banking are available 24/7. View all our holiday closures.