HOME SWEET HOME
It’s time your house paid you. Whether you’re remodeling your current home or purchasing your dream home, check out these special home offers, available now.
Unlock Your Home's Equity
Looking to create that backyard oasis? Need to make some necessary home repairs? Maybe you’re finally ready to turn your dream kitchen into a reality. A Home Equity Loan or Home Equity Line of Credit can help!
Home Equity Loan
Rate as low as 5.45%*
Up to 20 year term
Up to 100% loan-to-value
Home Equity Line of Credit
Special introductory rate of 3.99%**
Up to 100% loan-to-value
The Key to Your Dream Home Awaits
Buy your dream home today with no origination fees and up to $6600 in down payment assistance.*** Find out here how our down payment assistance program might be right for your family.
To take advantage of this limited time offer:
Down Payment Assistance
The Workforce Housing Down Payment Assistance Program was developed as a way for members of the community to obtain affordable housing. Assistance of 3% (up to $6,600) will be provided to cover costs associated with the home purchase.
How does it work?
A member would apply for a home loan, after we finish the preapproval the credit union will provide a link to an online Homeownership training module through BALANCE to complete the eight hour online learning module, which must be completed prior to loan closing. Upon completion the credit union is automatically notified.
Disclosures
APR = Annual Percentage Rate.
* Maximum loan amount is determined by the amount of equity in your home. Borrow up to 100% of appraised value. Estimated appraisal cost is $900. Appraisal required on loan amounts in excess of $150,000. Introductory rate of 2.99% for twelve months after the loan is funded. At the beginning of the thirteenth month your regular rate will go into effect. Home equity line of credit has a variable rate based on Prime, as published in the Wall Street Journal, and subject to change during the term of the loan. Home Equity Variable rate ranges from 4.00% to 18.00%. The minimum monthly payment may change as a result of rates changing. Must be a Peninsula Credit Union member with a minimum share balance of $5 to participate. Property must be located in Washington. Property insurance is required. If property is located in a special flood hazard area, you will be required to obtain flood insurance. Subject to credit approval, your rate and term are determined by your individual creditworthiness. All offers, rates, and terms are subject to change at any time.
** Maximum loan amount is determined by the amount of equity in your home. Borrow up to 100% of appraised value. Estimated appraisal cost is $900. Appraisal required on loan amounts in excess of $150,000. Home Equity Fixed rate ranges from 3.95% to 18.00%. A loan amount of $75,000 with a rate as low as 3.95% for 60 months would have an approximate monthly payment of $1,381.94. Must be a Peninsula Credit Union member with a minimum share balance of $5 to participate. Property must be located in Washington. Property insurance is required. If property is located in a special flood hazard area, you will be required to obtain flood insurance. Subject to credit approval, your rate and term are determined by your individual creditworthiness. All offers, rates, and terms are subject to change at any time.
*** Offer valid for a limited time only and may be discontinued at any time without notice. Standard loan origination fees are equal to 1% of the loan amount. No origination fee offer applies to applications received on or after April 1, 2022 through April 30, 2022 and has a minimum $100,000 loan amount. Loans are subject to credit approval and other underwriting criteria. Offer valid on home purchase and refinance transactions, all other mortgage loan products are excluded. Other restrictions may apply.