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Routing Number 291075116

Whether you are looking to purchase your dream home, use the equity in your current home for debt consolidation or even refinance, SPIRE has a full-range of mortgage products including FHA, VA, USDA and conventional loans.

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    Fixed Rate Mortgages

    10 to 30-year terms available

    A good choice if you:

    • Want the same interest rate for the life of the loan
    • Plan to stay in the home for several years
    • Don’t expect your income to significantly increase in the future

    Jumbo Loans

    15-year term available

    A good choice if you:

    • Need a loan in excess of $424,000
    • Have the required 20% down payment
    • Plan on staying in the home long-term
    • Want the same interest rate for the life of the loan

    VA Loans

    15 to 30-year fixed term available

    A good choice if you:

    • Qualify for a Veterans administration loan
    • Want a low or no down payment loan
    • Want to the same interest rate for the life of the loan
    • Plan to stay in the home for several years

    In general, a veteran is eligible for a VA loan if one of the following requirements are met:

    • Served 181 days during peacetime (active duty)
    • Served 90 days during wartime (active duty)
    • Served 6 years in the Reserves or National Guard
    • You are the spouse of a service member who was killed in the line of duty

    FHA Loans

    15 to 30-year fixed term available

    A good choice if you:

    • Want a low down payment loan
    • Have a lower credit score
    • Want the same interest rate for the life of the loan
    • Plan on staying in the home long-term
    • Qualify for a Federal Housing Administration (FHA) loan

    USDA Loans

    15 to 30-year fixed term available

    A good choice if you:

    • Want a low or no down payment loan
    • Have a lower credit score
    • Want the same interest rate for the life of the loan
    • Plan on staying in the home long-term
    • Plan to purchase an Eligible Property
    • Qualify for a USDA Rural Development Loan

Refinance your current mortgage

There are a few reasons to consider refinancing your current mortgage. If you’ve been in your home a while, interest rates may be much lower and you may be able to get a lower interest rate and monthly payment. If this is the case, you will ultimately end up paying less interest over the life of the loan. Based on the amount of equity, the closing costs may be rolled into the loan.

Others refinance to take “cash out.” This would be an option if you have built equity in your current home and you would like to take that equity to make home improvements or even consolidate debt.

 

So many mortgage choices

 

As a rule of thumb, the longer term you select, the higher the interest rate, but the lower the payment. You will end up paying more in interest over the life of the loan with say a 30-year term vs. a 15-year term. Remember, you can pay your mortgage off at any time with NO pre-payment penalties.We offer mortgage loans in other states through our partner, CU Companies.

We take our obligation of educating our members very seriously. 
If you have questions about your current home loan situation or want to know more about the many different financing options available, please contact one of SPIRE’s mortgage experts.

Contact a Mortgage Professional

Additional Mortgage Information

Your Home Loan Tool Kit

Mortgage Glossary (PDF)

My SPIRE Mortgage - AmeriCU (Towne Mortgage)

CU Mortgage Services, Inc.

NMLS #469510

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MIDWESTERN VALUES

Founded in 1934, SPIRE upholds midwestern values like honesty, integrity and hard work. We strive to make it easy to do business with us and truly care about our members.


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651.215.3500 or 888.34.SPIRE

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Call: 651.215.3500 Routing Number: 291075116