H-Ope! Affordable Housing 

Owning a first home is a dream that most all Michiganders share – but high prices, high rates, and an unforgiving economy can make it seem impossible. Community Financial is all about bringing your impossible dreams to life, though. So rather than worry, have H-Ope!

Putting homeownership within reach 

The H-Ope! affordable housing program is our way of breaking down the common barriers that keep people from homeownership. Whether you have rate or down payment concerns, low credit, or even timeline issues – helping you find a place to call your own is what we’re putting first.

We’re bringing more H-Ope! to Michigan communities

  • No minimum credit score requirements 

  • No minimum loan amount 

  • Low or no down payment options 

  • Unique solutions for home value appraisals 

  • Affordable closing costs 

  • A low rate you can count on 

  • No private mortgage insurance required 

  • Possible financing for loan costs 

Like homeownership, affordable housing isn’t just a dream – it’s already changing lives for neighbors and Michiganders across the state. 

In just over 10 months, we originated 73 loans for a total of $9.25 million, helping 73 members get into new homes that may have otherwise been out of reach! 

Start your homeownership journey today!

To learn more or begin your application process, send an email to mortgages@cfcu.org or call (877) 937-2328 ext. 8500. 

Want to discuss your path to homeownership?

Enter your information for one of our Mortgage Loan Officers to discuss your unique path.

 

Equal housing lender. Insured by NCUA. Not all applicants will qualify. The information provided assumes the purpose of the loan is to purchase an existing single family detached home and will be used as a primary residence. The interest rates and payments may increase or decrease and may vary depending on individual credit history, amount of down payment and underwriting factors. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums. Programs, rates, terms and conditions are subject to change without notice. Contact CFCU for more details.

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