Mortgage Products


Members Credit Union has partnered with Norcom Mortgage to provide a wide array of first mortgage options for our members. Norcom is a full service mortgage BANKER which allows our member’s loans to be processed, underwritten and funded in house within their company. They offer a range of products including FHA, VA, USDA, 203K Rehab loans, Jumbo, Conventional, ITIN and Non-Conforming (less than perfect credit) loans just to name a few. Your dedicated mortgage representative, Audra Santos, will assist you so you get quick approvals, competitive rates and unsurpassed service.  

Visit Norcom Mortgage to learn more or call Audra Santos 203-526-9345 or toll free at 877-542-6020.

We offer the Home Equity, Independence and HELOC Loans directly at MCU. Call to talk to Vanessa or Elsa today at 203-622-6050.

Home Equity Loans

Turn the equity in your home into cash for the things you need today. Use the equity in your home to pay for a college education, home improvements, new appliances, vacation and bill consolidation. Our Home Equity Loans have no closing costs. Qualified applicants can borrow up to 90% of the home's value. Loans range from $10,000 - $500,000. Our Fixed-Rate Second Mortgages have no closing costs. They are fixed rate and with terms up to 20 years. We currently finance owner-occupied or second homes in Connecticut only.

Your interest may be tax deductible, consult your tax advisor.

Independence Mortgage

Our Independence Mortgage is designed for those who would like to refinance a first mortgage with a balance under $500,000 or who currently have no mortgage. Borrow up to $500,000 for 10 to 20 years with no closing costs and a rate significantly lower than our traditional second mortgage.

Your interest may be tax deductible, consult your tax advisor.

Home Equity Line of Credit

Establish a line of credit for up to 80% of the equity in your home. Lines of credit range from $10,000 to $150,000. The draw period is up to nine years and use the funds as you need them. You pay interest only on the outstanding balance for the first 9 years of the loan. There is only a $75 application fee and no annual fees or closing costs. Loans have a variable rate, as low as Prime* with 2% annual and 10% lifetime caps and a 4% floor. The 4% floor is waived until Prime rate increases to 4%.

Members Credit Union and our Loan Officers are registered with the Nationwide Mortgage Licensing System and your experts to help you choose the right way to finance your fantastic future. 

Members Credit Union: NMLS # 465890

Loan Officers and NMLS #:

Name NMLS #
Vanessa Kuduk 1142428
Elsa Soogrim 627333
Kelly Kortner 627332
Lynn Sabatino 627330

*Prime rate as published in the Wall Street Journal in the last business day of the previous month.  Prime rate is 5.50% as of 1-1-19.