First Time Home Buyer Mortgage

Home is where the Vibe is.

Thinking about buying your first home? Now could be the perfect time and Vibe Credit Union is here to help you make it happen. 

Go ahead, get excited.

You’re closer to owning a home than you think.



Meet your mortgage team.

Connect with one of our local loan officers by calling
248-735-9500 or contact them directly with the links below:
 












Our First-Time Home Buyer Mortgage1 is designed with you in mind.


  • Competitive Rates

  • Easy Online Application
  • Gift funds may be used toward closing costs

  • Financing up to 105% LTV, including closing costs.

  • No Private Mortgage Insurance (PMI)

  • Dedicated loan officer available to assist you through the process.
 

1 First Time Home Buyer eligibility requires at least one occupying applicant to have had no home ownership in the past two years. This is not a commitment to lend. All lending products are subject to credit and property approval. Refinancing an existing mortgage loan may cause the total finance charges to be higher over the life of the loan. Additional restrictions may apply. Member First Mortgage, LLC is a partner of Vibe Credit Union. Vibe Credit Union: 44575 W. Twelve Mile Road, Novi, MI 48377 | (248) 829.1450 | NMLS ID: 405039. Member First Mortgage, LLC a licensed Mortgage Lender/Servicer Corporate Office: 616 44th Street SE, Grand Rapids, MI 49548 | (866) 898.1818 | NMLS ID: 149532. For licensing information, please visit www.nmlsconsumeraccess.org. Equal Housing Opportunity. 













We get it, buying a home is a big step.

 
On the Vibe blog, we've compiled 10 mortgage terms to help you have a stress-free experience.
 




Want to do a bit more on your own?

Whether you’re just starting your home search or getting ready to make an offer, these calculators make it easy to understand your numbers and get a clearer picture of what homeownership could look like.
 
Explore payment estimates, affordability, and more. When you’re ready for deeper insight, head to our full mortgage calculator page for additional tools.
 
 




















Buying your first home can be scary. Don't worry, we've got you.

Your budget depends on things like income, monthly expenses, and how much you feel comfortable spending. We look at your full financial picture and help you find a price range that supports your goals without stretching your budget.
Down payment requirements vary by program, and you don’t always need a 20 percent down payment. Many first-time buyers utilize low- or no-down-payment options. We’ll walk you through what’s available and help you choose the option that fits your situation.
Different programs have different credit score requirements. A higher score may help you qualify for stronger rates, but there are options for a wide range of credit situations. We’ll help you understand where you stand and what steps you can take to strengthen your application.
You can choose from several options, including FHA, VA, and low-down-payment programs. Each one has different benefits. We’ll explain the differences so you can pick the one that supports your first home purchase.
Pre-approval is a straightforward way to determine your buying power before you begin shopping. You’ll share income information and basic financial details. Then we review everything and give you a clear range, which helps you shop with confidence and make stronger offers.