Mortgage Programs

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
• More Info | Apply Now

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
• More Info | Apply Now

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
• More Info | Apply Now

The credit union also offers fixed rate home equity loans. Members can borrow up to 80% of the value in their homes, less existing mortgage balances. We offer up to a 30 year term with a 5 year balloon.

Preferred Credit Union Mortgage Lenders can give you knowledgeable advice on which loan is right for you, help guide you through the application process, and answer any questions.