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USDA Loans

Small-towns, big dreams

Want to live in a rural area or smaller community? A USDA mortgage loan may be right for you.1


Low rates

Purchase or refinance with a lower interest rate compared to a conventional mortgage.


No down payment

Purchase sooner, with no-down-payment options.


Broad regions are eligible

Many regions qualify as Rural Development Areas for USDA loans.


Seller-paid closing costs

Get higher allowable seller credits, pay less at closing.


Lower income requirements

USDA loans make homes in rural areas more affordable for qualified borrowers.


Expert support

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

Calculate your monthly payment2

Monthly Payment

Low Rates

Affordable monthly payments

Often with lower interest rates than conventional loans, a USDA loan can make monthly payments more manageable.

A couple farming in their garden
No Down Payment

Buy or refinance your home now

With no-down-payment options available, you can buy your next home sooner.

Family eating pizza unboxing their new house

Trust is a top reason members choose Members Mortgage.

— 2023 Mortgage Processing Survey

How it works

It's easy to get USDA 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

Enjoy rural living


If you’re ready to purchase the home of your dreams, a USDA loan can offer lower rates without a large down payment.


Apply now


1 USDA loans are partially government-guaranteed mortgages that may be available to low and moderate income households and they are subject to USDA loan-specific eligibility requirements, limitations and restrictions.
2 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.

Members Cooperative Credit Union lends to Minnesota and Wisconsin residents only and property used as mortgage security must be within the states of Minnesota and Wisconsin. Membership and loan approval required. Restrictions apply.

Home Mortgage Disclosure Act Notice

The HMDA data about our residential mortgage lending is 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