Motor City Community Credit Union
Windsor-Essex credit union offering fixed and variable mortgages with insured financing up to 95 percent. Refinancing is available up to 80 percent of property value. It lends Ontario.
Prepayment-penalty method
Standard penalty (about three months' interest)
Breaking early is penalized at roughly three months' interest, an open-style penalty that is generally on the lower, more predictable end.
See what breaking a mortgage early could costWho it tends to fit
- Refinances and equity take-outs
General signals only. Approval depends on the full application; a lender that fits on paper still has to say yes.
What you can do with it
- Buying a home
- Refinancing
- Renewal or switch
Rate types
- Fixed rates
- Variable rates
Where it lends
Ontario
Good to know
- Membership required to borrow; branches are in the Windsor area.
- Insured mortgages are capped at 25-year amortization.
- Rate guarantee of up to 90 days from application date.
How to reach Motor City Community Credit Union
You deal with this lender directly, no broker required. This is educational information, not a rate quote; confirm current rates and terms directly.
Visit Motor City Community Credit UnionEducational summary; rates, terms, and approval are set by the lender.
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Educational information about Canadian mortgages, not financial or mortgage advice. This tool is offered by Jordan Avery, Mortgage Agent (Level 2), Licence M23999999 · Maple Key Mortgages Inc., FSRA Brokerage Licence 13999 and operated by LenderSearch; figures are estimates. Confirm all rates, terms, and eligibility directly with the lender before acting.