Get Comfortable With Your Mortgage!

Let MECU lower your payments.

MECU may be able to help save you money when buying a new home or refinancing an existing home loan. PLUS, Members who finance with us are eligible to receive a loan interest rebate twice a year*. That's CASH BACK to you!

When you add this to our already low mortgage rates and discounts for First-time Homebuyers and Buy in Baltimore programs, why would you go anywhere else?


  • Loan interest rebate* – means you get back a portion of the already lower interest you pay on the loan
  • Interest rate discounts – Baltimore City and First-Time Home Buyer purchases saves you an extra 0.25% on your rate**
  • Benefits of Membership - MECU reinvests earnings to its Members…our earnings become your savings!
Mortgage Rates   30 Year   20 Year   15 Year   10 Year
Base Rate (As Low As)   4.375 %   4.250 %   3.250 %   3.125 %
APR (As Low As)   4.571 %   4.519 %   3.585 %   3.611 %
Monthly Payment
(Principal & Interest on a $150,000 Loan Amount)
  $748.93   $928.85   $1054.00   $1457.08

† APR = Annual Percentage Rate based on an 80% Loan to Value ratio. Monthly payment amount is based on a $150,000 loan amount for principal plus interest. Taxes and insurance will increase your monthly payment. Your actual rate may be higher based on your credit score, loan amount, repayment term, collateral, credit history and repayment term. Rates will be 0.50% higher on Investment properties. Subject to verification of collateral. Adequate property and flood insurance is required. MECU membership required. While this page is updated regularly, rates are subject to change. Visit our MECU Loan Rates page for more rates and details.Rates as of: April 1, 2014

* Subject to annual board approval. Certain restrictions apply.
** Conditions apply.