Municipal Credit Union – Brooklyn Civil Servants, There’s a Mortgage Loan Waiting for You.
November 7th, 2008If you are a New York City, New York State or Federal employee, and you want to purchase a home, you’re in luck. Through its conservative funds management, New York City’s Municipal Credit Union (MCU) has plenty of money to lend even though most financial institutions are hurting because of today’s economic woes.
For 92 years, MCU has been providing its members with everything from checking accounts, credit cards and auto loans to fixed, adjustable and jumbo home loans. MCU has several loans tailored for the needs of the first time homebuyer that include minimal down payments and very competitive rates.
Are you looking to purchase an investment property? MCU also offers mortgages for multifamily homes for properties up to 4 families.
For its members that have credit problems, MCU has credit counseling that can help qualifying members get on the right track towards financial health and home ownership.
MCU’s mission is to help civil servants purchase homes, and they have the money and several different mortgage products to help them do just that.
For more information about the Municipal Credit Union, go to their website at www.nymcu.org.




Typically, it covers any liabilities that occur in the common areas of the co-op. For example, if some one slips in the hallway outside your apartment, the co-op’s insurance policy would cover any bodily injury that occurs. However, if that same person slips and falls in your unit, the co-ops insurance does not cover any liability, you would be responsible.