S.T.A.R. Mortgage* for Service Members
The S.T.A.R. Mortgage (Serving The American Responders) is designed to support service members and veterans with flexible, affordable home financing options. It’s built to make homeownership more accessible for those who serve our communities and country, with benefits like no down payment and no PMI.
Why Choose an S.T.A.R. Mortgage?
- No down payment required for qualified borrowers
- No private mortgage insurance (PMI)
- Flexible loan terms to fit your needs
- Designed specifically for service members and veterans
Is a S.T.A.R. Mortgage Right for You?
A S.T.A.R. Mortgage may be a great fit if you:
- Are active-duty military or a veteran
- Serve in the National Guard or Reserves
- Want to purchase a home with little to no down payment
- Prefer to avoid monthly PMI costs
- Are looking for financing tailored to your service
Loan Details
- 0% down payment options available
- No PMI required
- Flexible term options, including:
- 15-year or 30-year fixed
- 5.5-year balloon option
- Personalized guidance from a mortgage expert
What to Expect
The S.T.A.R. Mortgage program is designed with your service in mind. Our team works closely with you to understand your financial goals and guide you through a simple, straightforward process, so you can take full advantage of the benefits you’ve earned.
Our Experts Can Help
No matter where you are in Michigan, our friendly team of mortgage experts is here to guide you through every step of the home-buying journey. From pre-approval to closing, we’ve got you covered. Come share your story with us—we’d love to help make your homeownership dreams come true!
Local Lending Pros
- Our local mortgage lending experts know your community because they live and work there
- Your mortgage lender will be with you through the entire process, from pre-approval to closing
- Our team can give you helpful payment info and other insights about the process
- Tell our team your story. We’re sure to have a solution to fit your needs, and your budget.
Mortgage Resources
We want to make sure your home buying experience is as easy as possible. We’ve dedicated a section of our blog to mortgage and home buying topics. We hope you find them helpful. If you have questions, reach out to our Mortgage Team or give us a call at 800.442.2800.
*Additional Information
Eligibility requirements apply. S.T.A.R. Mortgage programs are available to qualified service members, veterans, and eligible personnel. Contact us for full program details.
STAR Mortgage: Offer valid only for Veterans, active-duty, and National Guard/Reserves service members. Must present proof. Offer valid on purchase of primary residences only. Escrow of taxes and insurance(s) required. Loan types not eligible include: jumbo, construction, manufactured, second homes, investment properties and multi-units. Subject to credit approval. Rates, terms and conditions subject to change and may vary based on credit worthiness, qualifications and collateral conditions. Offer cannot be combined with any other discounts or promotions. Equal Housing Opportunity. Insured By NCUA.