Real Estate Loans

Whether you are looking to buy a house or use the equity in the home you already own, we are your Real Estate Loan source.

• First Mortgages
• Home Equity Loans

First Mortgages Available With C.U. Move-In Mortgage

If you are shopping for a house, call your credit union's mortgage partner PHH Mortgage Services. With one phone call you can apply for a mortgage, order an appraisal, and get a same-day loan decision with a great rate (or they'll pay you $250). PHH also guarantees the agreed upon closing date.

For the complete details, talk with a PHH Mortgage Services representative by calling 877-890-6413.

Home Equity Loans 

Our Home Equity Loans Can Help You Make Things Happen!

You can make your home a castle, consolidate your bills, or use the equity in your house for any good reason.

Think about what you could do: add a deck, kitchen or bath; pay for an education; take a special vacation; and more. Your opportunities are unlimited!

Even better, the interest you pay on a Home Equity Loan is usually tax deductible.  Check with your tax advisor.

Contact the Credit Union to ask for more information, or to request an application. (Online applications are not accepted for Home Equity Loans.)

Home Equity Loans usually take at least 5 business days to process.

Home Equity Information Needed:

1. A completed loan application
2. Most recent pay stub
3. Copy of signed tax return (last 2 years) - if self employed
4. Copy of 1st mortgage statement - showing loan balance
5. Copy of homeowners insurance policy

Fees:

• $199.00 Application fee

Fixed Rate Home Equity Loan

Take advantage of our low rate and choose a term of up to 20 years to repay. The rate will be in effect for the term of your loan. You can borrow up to 85% of the equity in your home minus your first mortgage.The monthly payment per $1,000 at 6.24% for 240 months would be $7.31.

The recorded mortgage on the property is used as collateral.

Check the current rate.

Home Equity Loans are available in the states of New Jersey and Pennsylvania only.

Variable Rate Home Equity Line of Credit

This variable rate line of credit home equity loan allows you to establish a credit limit and only borrow as needed at your convenience over and over again. You are under no obligation to borrow. However, the funds are there in the event of need or an emergency.

The Credit Union will lend you up to an amount equal to 85% loan-to-value of your home, less the first mortgage balance.

Important Home Equity Line of Credit Disclosure Information

You can conveniently access funds day or night via Call24 or CU Direct home banking.
Courtesy checks are available upon request.

Minimum advance amount - $500

Check out our low rates today.

Home Equity Loans are available in the states of New Jersey and Pennsylvania only.

It's a Great Deal!

We constantly survey other area financial institutions to compare our rates and terms. You can feel confident your credit union's home equity loan options are not only highly competitive, but a great deal. It's the Princeton FCU comfort factor and you won't find it anywhere else.

Don't Delay, Apply Now!

Don't wait any longer to get the money you need. You can apply at the credit union office or call for an application.

Call 609-945-6200 and press 2 for rates or press 4 to speak to someone in the loan department.

 

We do business in accordance with the
Federal Housing Law and the Equal Credit Opportunity Act.