Conventional Mortgages
With competitive interest rates and affordable monthly payments, these mortgages are a great way to buy a first home, finance a second or refinance your existing mortgage.
We offer a number of conventional first mortgages, including:
Fixed-Rate Mortgages
10- to 30-year terms (in five-year increments) available on primary residence.
Adjustable-Rate Mortgages
30-year 5-6 and 7-6 adjustable loans available on primary residence. (The initial fixed-rate period is five or seven years and then adjusts every six months).
Vacation Property loans
10- to 20-year terms (in five-year increments). 30-year term available if you plan to retire to the property.
Please call a Mortgage Professional at 215-934-3505 if you would like to finance within our standard lending area of PA, NJ, DE, MD, FL, NC or SC.
Mortgage Settlement Assistance Program
Mortgage settlement assistance up to $2,000.00 may be offered to first-time homebuyers purchasing a single family primary residence in Philadelphia or Bloomsburg, PA (Columbia County). This program applies to conventional first mortgage loans only (no FHA loans) and eligibility and household maximum income requirements do apply. The maximum Philadelphia household income is $105,400.00 and for Bloomsburg (Columbia County), the maximum household income is $74,000.00. Household incomes above these amounts are not eligible for this program.
Ready To Refinance Your Existing Mortgage?
Refinancing your mortgage can possibly lower your monthly payments and save you money each month. It can also help you pay your loan off faster. Our Mortgage Professionals can go over your options with you to find the best fit for your home loan refinance.
Learn about Closing Costs
Figuring out how much you'll need for closing costs can be confusing. Watch our Closing Costs video below to learn how to calculate how much you'll need.
Make The Homebuying And Selling Process Easier
With PFCU’s HomeAdvantageTM program, you can rest assured knowing that we’ll provide you with the tools and resources you need to find a home that fits your budget.
Want to talk to someone?
Call our Mortgage Department at 215-934-3505 to talk with a PFCU Mortgage Professional about financing and refinancing options.
Want to apply?
Call 215-934-3500 or 800-832-PFCU to discuss your options and schedule an appointment.
*If you are applying for a pre-approval, purchase or refinance, a credit report fee will be collected to cover the cost for the credit reports. This fee will be credited toward closing costs.
We will accept your application online even if you are not currently a member. All borrowers on the application will be asked to qualify for membership. Prior to your loan closing, you will be asked to open a qualifying account. Residency restrictions apply.
Conventional First Mortgages are issued in PA, NJ, DE, MD, FL, NC & SC only. Conventional First Mortgage rates quoted are for our standard programs.
Cash out refinance transactions are priced accordingly.
Offer of credit is subject to credit approval.
* Excluding any required origination points.