Home Mortgages

If you're looking to purchase a home, look to PFFCU, the financial partner you know and trust. You'll find the exceptional money-saving benefits you've come to expect from us. Plus, you'll enjoy responsive service and streamlined processing,  WITH NO APPLICATION FEE.

Our knowledgeable Mortgage Advisors are available to help you every step of the way. We are dedicated to making the entire process as convenient as possible. Count on our expertise for individual attention and the best mortgage solution for your personal situation. You'll find that experience and a member-focused philosophy really does make a difference.

With every PFFCU mortgage, you'll enjoy the benefits of:

• NO APPLICATION FEE
• A single Lender Fee of just $250. At PFFCU, we operate with your best interest in mind. Here you'll find an honest, inexpensive borrowing alternative.
• Exceptional service from the people you trust.

If you already have an Agreement of Sale:
Apply Now and your PFFCU mortgage can close in 30 days or less.

It's easy to apply for a PFFCU Mortgage. Call 800/228-8801 or 215/931-0300 and ask to speak with a Mortgage Advisor to apply by phone or to schedule a personal appointment. Or you can apply online. Under normal conditions, you will receive a loan decision in one hour* when you speak with an Advisor, or within the next business day when you apply online.

Save money on your home purchase:
A real estate purchase is one of the most important financial decisions you will ever make. Click here for some tips, and learn how you can possibly save thousands of dollars on your mortgage and title insurance.

If you're just getting started:
PFFCU's Mortgage Advisors will guide you through the process from start to finish. Apply Now and get a FREE, PRE-APPROVED PFFCU MORTGAGE LOAN COMMITMENT before you visit a realtor or begin house hunting. Your PFFCU Mortgage Loan Commitment will indicate you are a serious buyer, and give you greater negotiating power when you deal with real estate agents and sellers. Use our Real Estate Calculators to estimate how much house you can afford, your monthly payments, and more.

Fixed-Rate Mortgages
PFFCU has fixed-rate mortgages available with terms of 10, 15, 20, 30 and 40 years. Choose a longer term for a lower payment or a shorter term for a lower interest rate. We also introduced a 40-year fixed-rate mortgage that will give you the lowest possible monthly payment. A fixed-rate mortgage is right for you if you want a constant monthly payment or you plan to stay in your home for a long period of time.  Apply Now»

Adjustable Rate Mortgages
ARMs offer lower interest rates than a fixed rate mortgage in the early years of the loan. This provides lower monthly payments that are especially attractive to first time home buyers and home owners looking to buy a larger home. PFFCU's ARM loans have the initial interest rate and payment fixed for the first 3, 5, 7 or 10 years, with terms up to 30 years.

After the initial fixed-rate period, the rate can change annually. There is a lifetime interest rate cap that gives you peace-of-mind because you will know your maximum interest rate. For the 3 and 5-year ARMs, the initial interest rate can increase or decrease up to 2% annually, with a lifetime interest rate cap of 6% higher than the initial rate. The 7 and 10-year ARMs can adjust up or down by 5% in the first year after the fixed-rate period. In subsequent years, the rate can increase or decrease up to 2% each year, with a lifetime cap of 5% higher than the initial mortgage rate. As always, all PFFCU ARMs have NO prepayment penalties.     Apply Now»

Stated Income Mortgage
For members who qualify, PFFCU will use the income STATED on the mortgage application and we will not verify your income. Call our Mortgage Advisors for details, as certain restrictions apply.

"No PMI" Mortgage
Commonly referred to as "80/10/10" or "80/15/5", this mortgage offers members with less than a 20% down payment a cost effective way to bypass Private Mortgage Insurance. You may experience lower monthly payments, and may also receive a tax deduction for the interest paid on both the first and second mortgages. Check with your tax advisor.

Expanded Approval Mortgages
PFFCU also has special home mortgage programs for members with less than perfect credit, including a product that allows for a lower interest rate in the future, if payments are made on time.

Contact Us
Questions about our real estate loan products? E-mail your questions and we'll get you the answers. Or, call us at 215-931-0300 or 800/228-8801 for details.

*One hour loan decisions are contingent upon receipt of all required application information.