No Matter your next move, jolt is ready.
From starter homes to forever homes, we’ve got the keys to make it happen.
Where are you in the homebuying process?
APPLY FOR NEW LOAN
FIRST-TIME BUYER
CURRENT HOMEOWNER
Flexible loan options for every homebuyer:
CONVENTIONAL HOME LOANS
Fixed-Rate Mortgage
A fixed-rate mortgage keeps your rate the same for the life of the loan.
FEATURES:
- 15, 20 & 30 year terms available
- Fixed interest rate for life of loan
- No PMI with 20% equity down payment
FIRST-TIME HOMEBUYER
Stop Renting, Start Owning
Unlock affordable options designed for first-time homebuyers.
FEATURES:
- $10,000 down payment assistance
- As little as 1% down
- Low competitive rates
- View more qualification details
CONSTRUCTION & LAND LOANS
Build a Home
Build your dream home with ease. Our construction loan gives you the funds to build now and the flexibility to convert to permanent financing when it’s complete.
FEATURES:
- Up to 95% project cost financing available.
- Interest only payments available during construction.
HOME EQUITY LINE OF CREDIT (HELOC)
Tap into Your Equity
Turn your equity into opportunity by harnessing your home’s value as collateral.
FEATURES:
- So many ways to use your equity: consolidate debt, make home improvements, college expenses, or even purchase a vehicle.
- Enjoy the flexibility to get the cash you need, when you need it.
-
REFINANCE YOUR HOME
Current Homeowner
Take control of your mortgage and adjust it to fit your needs with a refinance.
FEATURES:
- Lower your monthly payment
- Shorten your loan term
-
Save on interest
MORTGAGE EXPERTS
Let's Get Started
Buying a home can feel overwhelming, but it doesn’t have to. We guide you every step and help you get the home you want while saving money.
DOCUMENT CHECKLIST:
- Recent Paystub
- Two Years of Income Tax Returns
- Two Most Recent W-2s
-
Current Mortgage Statement (Refinance/HELOC Only)
VIEW OUR HOME LOAN RATES
| Description | Loan Term \ Details | APR* | Interest Rate |
|---|---|---|---|
| MSHDA | 5% Down Payment Payments amortized 360 months |
6.581% | 6.00% |
| MSHDA with DPA** | 10% Down Payment Payments amortized 360 months |
7.159% | 6.625% |
| 10 Year Balloon | 20% Down Payment Payments amortized 360 months |
5.326% | 4.990% |
| 10 Year Balloon | 5% Down Payment Payments amortized 360 months |
5.510% | 4.990% |
| 15-Year Fixed | 5% Down Payment Payments amortized 180 months |
6.413% | 5.750% |
| 20-Year Fixed | 5% Down Payment Payments amortized 240 months |
6.405% | 5.875% |
| 30-Year Fixed | 5% Down Payment Payments amortized 360 months |
6.401% | 6.000% |
| 30-Year Fixed, Home Possible | 3% Down Payment Payments amortized 360 months |
6.524% | 6.125% |
| Land Loan | 20% Down Payment, Payments amortized up to 240 months | 9.478% | 8.000% |
*APR=Annual Percentage Rate. Rates listed represent our best rates. Rates, terms and conditions vary based on creditworthiness, qualifications and collateral conditions. All loans are subject to approval and rates are subject to change without notice. Other conditions may apply. The Annual Percentage Rates for the 15-Year, 20-Year, and 30-Year Fixed loans are quoted without PMI premiums or any discount points. To view Payment Examples please select the hyperlinks on each loan rate. | |||
| Description | Loan Term \ Details | APR* as low as | Interest Rate |
|---|---|---|---|
| MSHDA | 5% Down Payment Payments amortized 360 months |
6.581% | 6.00% |
| MSHDA with DPA** | 10% Down Payment Payments amortized 360 months |
7.159% | 6.625% |
*APR=Annual Percentage Rate. Rates listed represent our best rates. Rates, terms and conditions vary based on creditworthiness, qualifications and collateral conditions. All loans are subject to approval and rates are subject to change without notice. Other conditions may apply. **Down Payment Assistance To view Payment Examples please select the hyperlinks on each loan rate. | |||
| Description | Loan Term \ Details | APR* as low as |
|---|---|---|
| Home Equity Line of Credit | Please call Jolt CU for details | 7.25% |
*APR=Annual Percentage Rate. Rates listed represent our best rates. Rates, terms and conditions vary based on creditworthiness, qualifications and collateral conditions. All loans are subject to approval and rates are subject to change without notice. Other conditions may apply. | ||
MEET OUR MORTGAGE EXPERTS
Ready for the next step? Complete the form below, or call the Mortgage Department at (989) 799-8744 ext. 1400
Jesse Maldonado, Jr.
VP Mortgage Lending
maldonadoj@joltcu.com
989.799.8744 ext. 1401
State Street, Saginaw
NMLS #433139
Rebecca Swanson
Mortgage Supervisor
swansonb@joltcu.com
989.799.8744 ext. 1402
State Street, Saginaw
NMLS #759033
Laurin Light
Sr. Mortgage Loan Officer
lightl@joltcu.com
989.799.8744 ext. 1408
State Street, Saginaw
NMLS #1817692
Sara Pettenger
Mortgage Loan Officer
pettengers@joltcu.com
989.799.8744 ext. 1404
State Street, Saginaw
NMLS #2428507
Kat Wallaert
Mortgage Loan Closer
wallaertk@joltcu.com
989.799.8744 ext. 1403
State Street, Saginaw
NMLS #2418233
Deb Baum
Mortgage Underwriter
baumd@joltcu.com
989.799.8744 ext. 1405
State Street, Saginaw
NMLS #819547
Kelly Prast
Mortgage Servicer/Escrow Specialist
prastk@joltcu.com
989.799.8744 ext. 1409
State Street, Saginaw
NMLS #763553