Ready to get started?
Ready to get started?
The Preferred Home Equity Loan
Renovate or Consolidate, which will you choose?
As low as 6.99% APR*
- 20 Year Term
- No Application Fee
- No Closing Costs
- No Appraisal Cost
*APR = Annual Percentage Rate. The Preferred Home Equity Loan: Based on a 20 year term $20,000 loan, 6.99% APR, minimum monthly payments of $155.01. All loans are subject to credit approval. Offer subject to change at any time without notice. For additional disclosure, terms and details, call 1-800-328-4131, visit PreferredCU.org or visit a branch today. Promotion ends May 31, 2025. NMLS #706733
Purchase
Purchasing a home is likely one of the largest financial investments a person will make. Getting the right mortgage is just as important as buying the right house.
- Conventional Loans
- Rural Development Loans
- Competitive Rates
- Terms of 10 to 30 years
- View our current rates
- Apply Today!
Refinance
Refinancing your home can be a helpful tool for home improvement projects, debt consolidation or simply lowering your monthly payment.
- Lower your interest rate
- Lower your monthly payment
- Free up equity you have built up over the years
- View our current rates
- Apply Today!
Home Equity Loans
Use your home to get the funds you need, at rates and terms that make sense for your budget.
- Fixed term loan with up to 15 year repayment (up to 80% loan to value)
- Fixed term or line of credit available
- Get the home equity loan to suit your needs
- No Appraisal and No Fee options (some restrictions may apply)
- View our current rates
- Apply Today!
Construction
Building your dream home can be easy and affordable when you choose Preferred Credit Union for your Construction Loan!
- Principal residence and second homes
- Land equity can be used for down payment requirements
- Purchase of land can be included in project amount
- Interest only payments during construction
- General Contractor/Builder loans only
- 6 to 12 months for construction
- Maximum 30 years term for end loan
- Apply Today!
