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After a long day, it's a great feeling to kick your feet up in your own place. A mortgage loan from CP Federal makes it all possible. We are proud to have the lowest closing costs in Mid Michigan and the low rates to match. Already own a home? Existing homeowners can benefit by refinancing their existing loan with us. You could potentially reduce your monthly payment significantly. Contact one of our lenders today.

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  • Competitively low rates for home purchase or refinance
  • Available for primary residence, second homes, vacation homes, or investment properties
  • A wide range of financing programs available:
    • Fixed rate mortgages
    • Non-conforming loans
    • And more
  • Budget-friendly repayment terms, unique to your situation
  • Lowest closing costs in Mid-Michigan area
  • Prompt closing; typically within 4 weeks
  • Online access to your existing CP mortgage
  • Free pre-approval for extra confidence when it comes to securing financing
  • Refinance your current home to potentially lower your rate
  • Helpful loan advisors with working knowledge of the local real estate market
  • Customized, friendly service from our experienced lending team
  • Local decision-making and processing right here in Mid-Michigan
  • In-house servicing — your mortgage stays at CPFCU

Conventional First Time Home Buyers Program

  • 3% down payment
  • Lower PMI and closing costs
  • Great for low to moderate incomes
  • Credit scores as low as 620


  • Low down payment
  • Expanded credit guidelines
  • Ideal for first time home buyers

VA - Veteran Administration

  • No down payment
  • Lower fees
  • Must be a Veteran or active military

USDA - Rural Development 

  • No down payment
  • Must purchase in qualifying rural areas
  • Reduced mortgage insurance premiums
  • Scores as low as 640

Great news! You may now view your real estate loan information online and at your convenience.

View items like:

  • Mortgage history
  • Current balance
  • Escrow account
  • Payment information
  • And more

Click here to view your existing CP Mortgage now.

You are now able to make your mortgage payments, on our Mobile App, "CP Federal" and in Home Branching, with ease. We'll walk you through it!

Mobile App Process:

  1. Go to the Mobile App "CP Federal"
    Don't have the Mobile App yet? Click here to learn more about it and to download it today!
  2. Select "Transfers" then "Transfer Funds"
  3. Under the "From" drop down, select the account that you want your funds to come from
  4. Under the "To" drop down, select "MTG Computer Pay"
  5. Enter the amount to be transferred
  6. Click "Done" and "Submit" 

Home Branching Process:

  1. Log in to Home Branching
    Don't have a Home Branching account yet? Click here to learn more about it and to enroll today!
  2. Click on the "Transfers" tab
  3. Enter the amount to be transferred
  4. Choose the account you would like the funds to be transferred from in the "From this Account" drop down
  5. Choose "MTG Computer Pay" in the "To this Account" drop down
  6. Click "Next" and "Confirm Transfer"

You will see the transferred funds in the s0060 - s0069/MTG Computer Pay account. Have no fear, once we have completed our end of day processes, those funds will be applied directly to your mortgage.

Conventional loans must meet Fannie Mae Guidelines; maximum loan amount for conventional loans is $484,350.00, Jumbo loans $750,000. All property financed with CP Federal must be owner occupied, no investment or rental property allowed. Conventional loans over 80% LTV must have Mortgage Insurance and are required to escrow for Mortgage Insurance, Homeowners Insurance and Property Taxes. Rates and APRs may vary depending on loan details, such as loan amount, loan-to-value, your credit, property type, purpose (purchase or refinance with cash-out vs. no cash-out), occupancy (owner occupied or second home) and points paid. Rates are subject to change without notice. You will need to speak to one of our loan officers to obtain a specific quote or to lock a rate.

Borrowers must be of legal age to apply for a loan.