Our home loans come with a $5,000 lender credit that
can be used for your down payment or closing costs.


At Great Lakes Credit Union, we’re all about making homeownership accessible for everyone. That’s why we’re thrilled to offer you a $5,000 lender credit to help turn your homeownership dreams into reality.

Program Eligibility

To participate, please ensure the following:

  • Your loan is intended for purchase only
  • Your loan application is pre-approved by June 30, 2024
  • Your loan will close with GLCU by December 31, 2024
  • Your eligibility will not be effected by the location of purchase, income level, or your status as a first-time homebuyer or not

family in new home

Other Home Loan Options

When we say we’re committed to making homeownership more accessible to everyone, we mean everyone.

FHA Loans

Are you a first-time homebuyer or looking for a home loan with a low down payment? An FHA loan from GLCU might be your solution!

  • Lower down payment
  • Flexible credit requirements
  • Competitive loan rates
  • Can be used for refinancing


FNMA HomeReady® Loans

FNMA HomeReady® loans offer down payments as low as 3%, no minimum contribution required from the borrower's own funds, reduced mortgage insurance costs, and even allows co-borrowers who don’t live in the property.


Special Provisions for ITIN Holders

If you possess an active ITIN number but lack a Social Security number, GLCU's ITIN mortgage loan is here to aid your home purchase.

  • A down payment of only 10% needed (5% can be gifted)
  • No mortgage insurance required
  • No reserve requirements
  • Alternative credit can be utilized


family in new home


What Our Members Say

“I have always received great service over the years. I’ll never regret switching from Chase to Great Lakes. It’s more personal in every way for all the services that I have needed. I also feel more secure here.”

-James H.