Real Estate Loans | Merced School Employees Federal Credit Union

Feel at home with MSEFCU.

From first-time home buyers to refinancing and second mortgages, our experienced team will support you through the process. Come in, sit down and talk to us, or call us at 383-5550 x181.

First Mortgage

You want a home for life, not a loan for life! We get it, that’s why we offer shorter terms. Purchase or refinance with terms up to 20 years, low fees and up to 80% LTV.

30-Year Fixed Rate

Say goodbye to PMI*! You can purchase up to 95% LTV or refinance up to 90% with NO Private Mortgage Insurance (PMI)*!

*PMI=Private Mortgage Insurance payment varies depending on credit score, loan amount and LTV.

Second Mortgage

Borrow from the equity in your home to fund your dreams. Home improvements, college tuition, whatever your needs are, we can help with a fixed rate and up to 15-year terms.

Non-Owner Occupied 1st Mortgage

Ready to purchase your next investment property? Or maybe looking to refinance your existing non-owner occupied mortgage from another lender? We now offer MSEFCU Non-Owner Occupied Home Loans!

Land and Lot Purchases

Start from the ground up with a loan to purchase property to build on. Borrow up to 70% LTV with terms up to 15 years.

Construction Loans**

Our Construction Loan is designed to help you build your dream home with ease. This fixed-rate, interest-only loan allows you to finance up to 80% of the loan-to-value ratio, giving you the flexibility you need during the construction process. With a 12-month building agreement and competitive rates, you'll enjoy low fees and closing costs, ensuring that building your primary residence is as affordable as possible. Let us help you lay the foundation for your future home with a loan tailored to your needs.

**Fixed-rate, interest-only loan for the purpose of building primary residence, may include land purchase, up to 80% LTV, not to exceed cost to build. Appraisal required, no points, $500 application fee, $1,500 processing fee

Home Equity Line of Credit (HELOC)

A more flexible way to borrow from your equity, a HELOC is a revolving credit line. Use as little or as much as you need. Minimum loan amount of $10,000 maximum loan amount of $100,000.

SPECIAL NOTES: MSEFCU deed loans are available only on primary residential property located within 150 road miles from the Merced Main Office. Finance charges are calculated on simple interest with no prepayment penalties. Read the HELOC Program Disclosure.

Make an Appointment with a Real Estate Loan Officer

Life gets busy, so make the process of applying for a home loan quicker and schedule an appointment ahead of time. Click the button below to find out the different ways to make an appointment with a real estate loan officer.

Make an Appointment (Opens in a new Window)

Free Annual Credit Report

Get a FREE credit report from all three credit reporting companies - Equifax (Opens in a new Window), Experian (Opens in a new Window), and Transunion (Opens in a new Window) - every year. Visit annualcreditreport.com (Opens in a new Window) to get yours.

Christina Dalmaso	Lee Lao	Tonya Gonzalez	Toni Jones	Lori Smith	RayAnn Smith-Jarvis	MSEFCU
NMLS #227589	NMLS #487324	NMLS #493900	NMLS #486643	NMLS #486257	NMLS #2183322	NMLS #477609

Subject to credit approval. Some restrictions apply. Fees may apply and may be non-refundable. Rates, terms, and conditions subject to change. Call for current rates and details. Equal Housing Lender.