Members Cooperative Credit Union is now offering Federal Housing Administration and Veterans Administration loans to its members.
FHA loans offer low down payment options, eligibility with less than perfect credit, low closing costs and competitive fixed interest rates.
VA home loans do not require a down payment or mortgage insurance. The loans can be used by veterans and by men and women currently in the military.
Members Cooperative was established in 1936 and serves 30,876 members in Duluth, Cloquet, Aitkin and McGregor communities in Minnesota.