A full service financial
cooperative proudly serving
Federal employees in Wisconsin

Federated Family Credit Union
Phone: (414) 278-7220 
Fax: (414) 278-0890

Main Office
626 E. Wisconsin Ave., Ste 102
Milwaukee, WI

Home Equity Loans

Use the equity in your home to borrow for many reasons. The interest you'll pay may be tax-deductible,* and your property need not be located in Wisconsin to qualify. You may apply for a fixed rate loan for up to 90% of your property value less any outstanding liens or loans. We can help you determine how much equity you have available; just call us for assistance.

*Check with your tax accountant or the IRS for complete deductibility rules.

First Mortgages

Federated Family Credit Union members have "mortgage power!" We've teamed up with Central States Mortgage Company to offer a complete line of fixed and adjustable rate mortgages to meet your home financing needs. Whether you're a first-time home buyer, moving to a new home, or refinancing an existing mortgage, we can help ease the process from application to closing. For more information, call Brenda Brown at (414) 977-8608 or 800-769-9993 ext 108. [external link disclosure]

Mortgage Preparation Tips

Mortgage preparation made simple. Buying a home is probably the single largest investment most people make in a lifetime. By preparing your credit profile before a home purchase, you can ensure a smooth finance process and can potentially save thousands on your loan. Click here to learn more.

Reverse Mortgages Provide Senior Solutions

If you're a senior feeling as if daily living and medical expenses are driving you from your home; don't lose it, use it! 

After making years of mortgage payments, your home may now be your strongest asset providing you with valuable financial options and alternatives. A Reverse Mortgage allows homeowners 62 years of age or older to convert their home's equity into cash. 

The loan is called a Reverse Mortgage because the direction of payments is reversed- the lender pays you rather than vice versa. It gives you access to your home's equity without selling or having to make additional payments. You're able to remain in the home for life and use the funds toward anything you want -home health care, property taxes, home repairs, prescriptions, existing debt or a more comfortable lifestyle! There are no credit or income requirements to qualify and the funds are considered “loan proceeds” therefore the do not adversely affect income taxes, Medicare or Homestead benefits. 

A Reverse Mortgage may be the perfect solution for you or a family member to be able to maintain your independence and have a clear view to the future. For additional information, contact Brenda Brown at (414) 977-8608 or 800-769-9993 ext 108.

Powerful ARMs

Did you know that you can move more principal in less time with a powerful Adjustable Rate Mortgage (ARM)?

Unless you plan to own your home for longer than ten years, a Fixed Rate Mortgage may be a weak move financially. Chances are you won’t live in the same home forever. That’s why an ARM makes sense for many of us.

With an ARM you pay a lower interest rate for a set period of time—sometimes just for the length of time you’ll be in your current home. Depending on the terms of your ARM, that period could be for as long as ten years. With the extra money freed up by a lower interest rate, you could purchase more house, free up money to pay down higher interest credit cards or just allow you to save more money for a rainy day.

 Through our partnership with Central States Mortgage, our Credit Union has placed financial expertise at your fingertips to help you find out if an ARM is the right choice to for you. Contact Brenda Brown at 414-977-8606 today to learn more about using a powerful ARM to make your mortgage work for you.