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Parda Credit Union and Member First Mortgage, LLC (MFM) have teamed up to provide affordable mortgage solutions and excellent service to our members.
We offer a wide range of mortgage programs, including:
About our Mortgage Partnership
What to Expect
Complete a preapproval application and gather your pay stubs, bank statements, and 2 years of tax returns.
Mortgage Resources
Contact Us
Apply today to make your dream home a reality!
City, State ZIP
Contact a Real Estate Agent and provide them with your pre-approval letter along with a list of your wants/needs in a new home.
We will send you the loan estimate and early disclosures. Then we can move forward with underwriting the loan and ordering the appraisal.
Once you've found the perfect home and your offer has been accepted, you'll need to sign a Purchase Agreement so we can begin the financing process.
After the appraisal comes back and all conditions are met for underwriting, your loan will be clear to close.
All documents will then be finalized and your closing date will be scheduled!
On closing day, all final documents will be signed. Congratulations, you're a homeowner!
**Every mortgage is unique. This step-by-step process is simply to serve as a general outline of what you can expect during the mortgage process. We make no guarantees in regards to timelines, required documentation, approval, etc.
*All 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 may vary based on borrower qualification and collateral conditions. This is not a commitment to lend. Additional restrictions may apply. Member First Mortgage, LLC is an affiliate of Parda Federal Credit Union. Parda Federal Credit Union: 2601 Cambridge Court Suite 210, Auburn Hills, MI 48326 | 248-340-7453 | NMLS ID: 658193. Member First Mortgage, LLC Corporate Office: 616 44th Street SE, Grand Rapids, MI 49548 | (866) 898.1818 | NMLS ID: 149532 | Equal Housing Opportunity.
Contact Us
Get a mortgage with
Just 5% down
& No PMI*
$850 OFF*
*Available to all borrowers on the purchase of a primary residence using a conventional portfolio loan product with Parda Federal Credit Union, excluding Manufactured Homes. Valid on loans closed for a limited time, subject to change without notice. The loan scenario example is based on a $200,000 loan with a Conventional 30-year fixed rate term (360 monthly principal & interest payments of $1,139.15, not including taxes and insurance) and an annual percentage rate (APR) of 6.113%. The down payment assumes 5% cash required from the borrower, with 95% financing. Private Mortgage Insurance (PMI) coverage costs are waived for this promotion. This is not a commitment to lend. AII lending products are subject to credit and property approval. Additional restrictions may apply. Member First Mortgage, LLC (‘MFM’) (616 44th Street SE, Grand Rapids, MI 49548 | (866) 898.1818 | NMLS ID: 149532) is a Licensed Mortgage Lender/Servicer and a partner of Parda Federal Credit Union (2601 Cambridge Court, Suite 210, Auburn Hills, MI 48326 | (248) 340.7000 | NMLS ID: 658193). For MFM’s state disclosure information, please visit MFM’s website. For NMLS licensing information, please visit www.nmlsconsumeraccess.org | Equal Housing Opportunity.
* This is not a commitment to lend. All lending products are subject to credit and property approval. Refinancing an existing mortgage loan may cause the total finance charges to be higher over the life of the loan. Additional restrictions may apply. Member First Mortgage, LLC (‘MFM’) (616 44th Street SE, Grand Rapids, MI 49548 | (866) 898.1818 | NMLS ID: 149532) is a Licensed Mortgage Lender/Servicer and a partner of Parda Federal Credit Union (2601 Cambridge Court, Suite 210, Auburn Hills, MI 48326 | (248) 340.7000 | NMLS ID: 658193). For MFM’s state disclosure information, please visit MFM’s website. For NMLS licensing information, please visit www.nmlsconsumeraccess.org | Equal Housing Opportunity.
Lock in a lower initial rate with a
Apply today for a 10/1 Adjustable Rate Mortgage (ARM) loan from Parda Credit Union! Mortgage Rates have gone up, but with our ARM programs, you can take advantage of a lower initial interest rate.
10/ 1 ARM Loan
Take advantage of ARM rates and up-front savings!
No prepayment penalty in the event of a future refinance
Easy online application
Lock in a lower initial rate on a 10/1 ARM*
*Rates may vary and payment may increase after consummation.
Get a mortgage with
Just 5% down
& No PMI*
Just 5% down
& No PMI*
*Available to all borrowers on the purchase of a primary residence using a conventional portfolio loan product with Parda Federal Credit Union, excluding Manufactured Homes. Valid on loans closed for a limited time, subject to change without notice. The loan scenario example is based on a $200,000 loan with a Conventional 30-year fixed rate term (360 monthly principal & interest payments of $1,139.15, not including taxes and insurance) and an annual percentage rate (APR) of 6.113%. The down payment assumes 5% cash required from the borrower, with 95% financing. Private Mortgage Insurance (PMI) coverage costs are waived for this promotion. This is not a commitment to lend. AII lending products are subject to credit and property approval. Additional restrictions may apply. Member First Mortgage, LLC (‘MFM’) (616 44th Street SE, Grand Rapids, MI 49548 | (866) 898.1818 | NMLS ID: 149532) is a Licensed Mortgage Lender/Servicer and a partner of Parda Federal Credit Union (2601 Cambridge Court, Suite 210, Auburn Hills, MI 48326 | (248) 340.7000 | NMLS ID: 658193). For MFM’s state disclosure information, please visit MFM’s website. For NMLS licensing information, please visit www.nmlsconsumeraccess.org | Equal Housing Opportunity.