We have the right mortgage for you.

Other lenders may charge higher rates on second homes due to recent changes implemented by Fannie Mae and Freddie Mac, but at Alliance Catholic we can get you a into a second home with no added cost at closing.*

Adjustable Rate Mortgage (ARM)
Mortgage rates have gone up, but with Alliance Catholic you can lock in a lower rate for 10 years with an Adjustable Rate Mortgage! Rates may vary and payments may increase after 10 years.‡

Patti Baran | Mortgage Specialist

*Available to all borrowers using a Conventional mortgage loan program on the purchase or refinance of a second home/vacation property located in the State of Michigan only. All qualified loans will be subject to a rate adjustment. Current interest rates will be increased by 0.25% on loans with a 10-year and 15-year fixed rate term; or by 0.375% on loans with a 20-year and 30-year fixed rate term. AII lending products are subject to credit and property approval. Terms, conditions, and interest rates are subject to change without notice. Additional restrictions may apply and vary based on borrower qualification and collateral conditions. Refinancing an existing mortgage loan may cause the total finance charges to be higher over the life of the loan. This is not a commitment to lend. This promotion may not be combined with any other promotion or discount points. Alliance Catholic Credit Union reserves the right to cancel this promotion at any time, without notice. Alliance Catholic Credit Union: 28800 Orchard Lake Rd, Farmington Hills, MI 48334; (248) 519.4812; NMLS ID# 401254; https://www.allianceccu.com/slide/second-home. Member First Mortgage, LLC: 616 44th Street SE, Grand Rapids, MI 49548; (866) 898.1818; NMLS ID# 149532; www.memberfirstmortgage.com. Equal Housing Opportunity.

‡Available to all borrowers on a conventional 10/6 ARM loan product with a minimum loan amount of $10,000 and a maximum loan amount of $647,200. Manufactured homes and investment properties are not eligible for this product. The amortization for this product is 30 years; rate to be priced 2.00% below the current 30-year qualified rate (including LLP adjustments) not less than a rate floor of 4% for the first 10 years. After the first 10 years of amortization, the loan will convert to the current qualifying rate for a 30-year mortgage, and readjusting to the current 30-year rate every 6 months thereafter. AII lending products are subject to credit and property approval. Terms, conditions and interest rates are subject to change without notice. Certain restrictions may apply and vary based on borrower qualification and collateral conditions. Refinancing an existing mortgage loan may cause the total finance charges to be higher over the life of the loan. This is not a commitment to lend. This product may not be combined with any other promotion. Alliance Catholic Credit Union reserves the right to cancel this promotion at any time, without notice. Additional restrictions may apply. Alliance Catholic Credit Union: 28800 Orchard Lake Rd., Farmington Hills, MI 48334; (877) 950.2228; NMLS ID# 401254. Equal Housing Opportunity.