Home Loans
We’re here to help you open the door to your new home.
Buying a home is likely the biggest financial decision you’ll ever make, which is why working with someone you trust to navigate the process is incredibly important. You can count on the team at Peninsula to steer you in the right direction.
Peninsula helps you navigate the home buying process by offering:
A wide range of loan types
We offer several mortgage options to meet your specific needs.
Fast, local service
Our friendly team has more than 40 years of combined experience.
Financing options
From mortgage assistance to loans with zero closing costs, we’ll help you find the right fit for your budget.
Helpful Details
Apply Today
Land and Construction loans
We also offer Land and Construction mortgages, with flexible terms and options to meet your needs:
Land Loans
- Available for properties 10 acres or less
- We offer various loan and term options
- 5 year balloon, 25% down
- 15 year fixed, 5% down, $100,000 maximum finance amount
- 15 year fixed, 30% down
- Quick loan decisions and fast turnaround times
Construction Loans
- Up to 12 month construction period available
- 75% Loan-to-Value of completed appraised value
- Flexible terms
- Low loan origination fee plus normal closing costs for construction loans
- Interest-only payments during construction
Apply Today
Financial options and mortgage assistance
Buying a home includes a variety of costs, including down payment, closing costs, and other fees. Depending your financial situation, you may need to reduce those expenses in order to make buying your home a reality. We can help connect you with the following types of assistance:
- Mortgage assistance—for our eligible members, we facilitate closing cost and down payment assistance.
- Lender-paid mortgage insurance option
- No closing cost fixed-rate loans
Get pre-approved online or call us at 1.800.426.1601
Home Equity Loans
Make the most of your home’s equity with our flexible Home Equity Loans. We offer two great lines of credit, each with different benefits.
Online payments
Make your mortgage payments online using Peninsula Home Banking. It’s easy, fast and secure.
FAQs and Tips
Calculators to help you manage your debt
Quick Tip
Divide your payment by 12 and add that amount to each monthly payment or pay half of your payment every two weeks, also known as bi-weekly payments. You’ll make one extra payment each year, saving you $24,000 and shaving four years off your mortgage.
