Whether you’re buying your first home or are a seasoned homeowner, navigating mortgages and mortgage options can be overwhelming. As your trusted Hometown Credit Union, we’re here to guide you in making the best decision for your unique situation. Explore our competitive home mortgage loans and options.

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Mortgage Options

  • Purchases
  • Refinances
  • Pre-approvals
  • Low money down program
  • Adjustable rate mortgages (ARMs)
  • First and Second mortgages
    • 5, 7, 10, 15, 20 and 30 year fixed-rate mortgages
  • Additional Mortgage Loan Products
    • WHEDA Loans

Application Items to Bring

  • Two years employment history
  • Two years of W-2s
  • One month of pay stubs
  • Child support or alimony received documentation
  • Pension, disability or Social Security income requires current awards letter
  • Signed offer to purchase documents (if Applicable)
  • Child support or alimony court order if paying
  • If refinancing —current home owners insurance, current mortgage statement
  • If divorced — copy of divorce decree.

Home Equity

Line of Credit (HELOC)

  • Lower interest rates compared to unsecured loans and credit cards, large borrowing amounts, reuse funds without reapplying, potential tax deductions on interest, and flexible use of funds for various needs

Loan

  • Stable monthly payments due to fixed interest rates, large borrowing amounts, potential tax deductions on interest, and flexible use of funds for various needs

Loan: Interest payments only

  • Pay only the monthly interest during the draw period, giving your budget some flexibility while completing your projects.

$10,000 Downpayment Plus® Program Grants

Downpayment Plus* is a program that provides down payment and closing cost assistance for income-eligible homebuyers. The assistance is provided in the form of a forgivable grant paid on behalf of the borrower at the time the borrower closes on mortgage financing with a participating FHLBank Chicago member financial institution. Grants are forgiven on a monthly basis over a five-year retention period.

**Eligibility requirements include:

  • Applying for a mortgage for your primary residence, while contributing at least $1,000 towards the purchase.
  • Complete the approved pre-purchase homebuyer education and counseling.
  • Your household does not exceed 80% of the area median income, based on income guidelines published annually by the U.S. Department of Housing and Human Development (HUD).

Shoreline Mortgage Expert:

Adria Pekarek

920-482-3706
NMLS ID 2045751/409479
[email protected]
4400 Calumet Ave.
Manitowoc, WI 54220

Book an Appointment

Amy Ellenson

920-794-2136
NMLS ID 1756572/409479
[email protected]
4400 Calumet Ave.
Manitowoc, WI 54220

Book an Appointment
Membership requirements apply. Loans subject to credit and collateral approval. Equal Housing Opportunity. All rates subject to change. All rates subject to change without notice. *FICO 08. Downpayment Plus® Program is a from the Federal Home Loan Bank of Chicago. Restrictions apply. See the Federal Home Loan Bank of Chicago’s website at www.fhlbc.com for complete requirements. “Downpayment Plus” is a registered trademark of the Federal Home Loan Bank of Chicago. Funds for the program are limited and will be awarded on a first come-first served basis until all funds have been used for the calendar year. ** Additional eligibility requirements apply.