Peninsula Mortgage Offerings
The largest financial decision most of us make is the decision to buy a home. Many of us imagine the day when we can pack everything we own and move it through our very own front door. If you’ve been dreaming of that day or thinking of refinancing your current home, come see us. Let’s talk about a Peninsula conventional mortgage loan or see if a closed-end Home Equity Loan is right for you. We have a variety of loans and one of our options – just like area homes- may be exactly what you need.
Our team, including Real Estate Loan Officer, Thomas (T.J.) Bracken, features 40 years of
experience and fast, local service for the followings types of real estate loans:
- Fixed and ARM loans
- USDA Loans
- FHA Loans
- VA loans
- Lender paid mortgage insurance option
- No closing cost fixed rate loans
- Land loans
- Construction loans
Home Purchases or Refinances
If you’d like to apply for a conventional mortgage with Peninsula Credit Union, please do so using the link below.
Land / Construction Mortgages
- 5% Down 15 Years
- 25% Down 15 Years (with a 5 year balloon payment)
- 30% Down 15 Years
To apply for land or construction mortgages, please use the link below.
On approval of credit. Maximum loan amount and/or loan to value are subject to underwriting guidelines and credit information. Based on an acceptable tax assessment and/or appraisal at the discretion of PCFCU. Some limitations apply. EXAMPLE: for a 15-year term/5-year call, you would pay only 8.376% APR on your mortgage loan with 59 monthly payments of $87.11 with a final payment of $7,758.88 for every $10,000 borrowed. For the 15-year fixed term loan at 95% LTV you would pay 9.346% APR on your mortgage loan with 180 monthly payments of $101.44 with a final payment of $96.41 for every $10,000 borrowed.