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Mortgage Loans

Get the best value for your home mortgage dollar at Mid-Atlantic Federal Credit Union (MAFCU). We offer a full range of options for home purchase, construction and refinance–at some of the lowest rates around–together with a team of experienced Mortgage Representatives that can help you choose the right mortgage and make every step of the process simple and hassle-free.

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MAFCU offers an array of loan programs to suit your specific needs and budget. Check out our low rates on:

Loan Programs

Property Types

Click here to get started and one of our Experienced Mortgage Professionals will begin the process of saving you money on your mortgage.


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Fixed-Rate Mortgages

For added peace of mind, many homebuyers select a fixed-rate mortgage because its monthly payment of principal and interest never changes for the life of the loan.

At MAFCU, we offer fixed-rate loans in all shapes and sizes: 30-year, 25-year, 20-year, 15-year, even 10-year.

You might choose a fixed-rate loan if you want to lock in a low rate. If you have an Adjustable Rate Mortgage (ARM) now, refinancing with a fixed-rate loan can give you more monthly payment stability.

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Adjustable Rate Mortgages (ARMs)

With an adjustable rate mortgage (ARM), you benefit from a lower introductory rate for a set period of time (5, 7, or 10 years), so you may be able to get more house for your money. While the rate adjusts based on one of several market indices–and may increase–an ARM may still be a good choice if you plan on moving within three to 10 years, refinancing, or believe your income will increase enough to afford a potentially higher rate after the introductory period.

All programs have a "cap" that protects you from your monthly payment going up too much at once. In addition, all ARM programs have a "lifetime cap"–your interest rate can never exceed that cap amount, no matter what.

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Investment Property & Second Home Loans

Available at low adjustable rates, these loans require interest only payments for up to 10 years, and then the loan is fully amortized over the Investment residential property up to 4 units, vacation homes and second homes are all possible with a loan from MAFCU. We also have options for your business property and business loans and services.

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Condominium Financing

MAFCU offers financing for most types of condominiums. If your property is a condo, call us before buying or refinancing. Our competitive rates and terms make these properties more affordable and accessible.

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Second Mortgages

Second mortgages are taken out at the same time as a first mortgage as a way of borrowing a higher percentage of the property cost/value without having to pay mortgage insurance. The first mortgage is typically limited to no more than 80 percent of property cost/value and therefore does not require mortgage insurance. The second mortgage would represent 5- to 15 percent of the property cost/value.

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