NMLS #800659

1. The promotional Annual Percentage Rates (APR) of 5.49% for a 10-year Home Equity Loan and 5.99% for a 15-year Home Equity Loan are effective June 16, 2025 through August 31, 2025, are the lowest rates available based on a Loan-To-Value Ratio (LTV) at less than or equal to 80%, the stated term, and a loan balance tier of ≥ $50,000, and are subject to change at any time WITHOUT NOTICE. The APR you will receive will depend upon the loan amount, term of the loan, LTV, and your credit score. The promotional APRs are for new Home Equity Loans only and do not apply to the refinance of an existing PFFCU Home Equity Loan. The stated promotional APRs reflect a 1/4% discount with automatic payment from an active PFFCU Checking Account (S0004) or Savings Account (S0001) or distribution from a payroll check automatically deposited with PFFCU. The promotional APRs are for your primary residence only. See the Home Equity Loans page of our website for additional rates and terms.
2. LTV is calculated based upon your loan amount plus any outstanding liens. This combined amount is divided by the appraised value of your home. The resulting ratio will be a factor in determining your interest rate and how much you can borrow. Home Equity Line of Credit must be secured by a member’s primary residence for loan amount up to $600,000 with 80% LTV.
3. Advertised APRs do not reflect all possible rates. Your rate will depend upon your Loan-To-Value ratio (LTV), the term of the loan, the loan amount, and credit score.
4. To compute the monthly payment for a specific borrowed amount, multiply the “per $1,000 payment factor” by the number of thousand dollars borrowed. For example, if you borrow $30,000, multiply 30 by the figure specified next to the specific loan product.
5. The Annual Percentage Rate (APR) you will receive will depend upon loan amount, Loan-to-Value (LTV), and credit score. The stated rates reflect a 0.25% discount with automatic payment from an active PFFCU Checking Account (S0004) or Savings Account (S0001) or distribution from a payroll check automatically deposited with PFFCU and are SUBJECT TO CHANGE WITHOUT NOTICE.
6. 4.99% Introductory ANNUAL PERCENTAGE RATE (APR) is effective from account opening until June 30, 2026, on applications received June 16, 2025 through August 31, 2025. Thereafter the APR will vary with the Market based on the Prime Rate, may adjust monthly, and is SUBJECT TO CHANGE WITHOUT NOTICE. It will be an “Index” minus a “Margin”. The “Index” for any given month will be equal to the “Prime Rate” posted in the Selected Interest Rates section of the Federal Reserve website at www.federalreserve.gov, fifteen days prior to the beginning of each month. If the Selected Interest Rates section is not updated that day, we will select the rate on the next day it is updated. If the Index changes on or before this day in any given month, your APR and monthly periodic rate may change on your statement that is produced on or after the first day of the subsequent month. On May 19, 2025, the applicable Prime Rate was 7.50%. The “Margin” is -0.75%. Your APR thus equals the Prime Rate of 7.50% minus 0.75% with an APR of 6.75% which reflects a 1/4% discount with automatic payment from an active PFFCU Checking Account or distribution from a payroll check automatically deposited with PFFCU. The maximum Annual Percentage Rate that we may impose will not exceed that permitted to be charged by a federally chartered credit union, which at the time of this disclosure is 18.00%. The minimum APR that can apply is 2.99%. Advances of credit are permissible for five years (the draw period) during which the minimum monthly payment will equal the finance charges plus any other charges (the minimum payment will not reduce the principal balance that is outstanding on the line). After the draw period, the outstanding balance must be repaid over 15 years. Home Equity Line of Credit must be secured by a member’s primary residence and have a maximum LTV of < 80%. Please consult a tax advisor regarding the deductibility of interest. Offer does NOT apply to the refinance of an existing PFFCU loan. Members are responsible for all mortgage taxes in Florida, including, but not limited to the Documentary Stamp Tax.
7. $150 is charged if you choose an appraisal upgrade. Members are responsible for all mortgage taxes in Florida, including, but not limited to the Documentary Stamp Tax.
8. Reflects a 0.25% discount with automatic payment from an active PFFCU Checking Account (S0004) or Savings Account (S0001) or distribution from a payroll check automatically deposited with PFFCU, will vary with the Market based on the Prime Rate, may adjust monthly, and is SUBJECT TO CHANGE WITHOUT NOTICE. The minimum Annual Percentage Rate that can apply is 2.99%.
9. Home Equity Line of Credit rate reflects 0.25% discount with automatic payment from an active PFFCU Checking Account (S0004) or Savings Account (S0001) or distribution from a payroll check automatically deposited with PFFCU, will vary with the Market based on the Prime Rate, may adjust monthly, and is SUBJECT TO CHANGE WITHOUT NOTICE. The maximum Annual Percentage Rate that we may impose will not exceed that permitted to be charged by a federally chartered credit union, which at the time of this disclosure is 18.00%. The minimum APR that can apply during the term of this Line of Credit is 2.99%. The current Prime Rate is 7.50%, as of January 17, 2025. Your ANNUAL PERCENTAGE RATE thus equals the Prime Rate of 7.50% minus 0.75% with an APR of 6.75%. Home Equity Line of Credit must be secured by a member’s primary residence for loan amounts up to $600,000 with 80% LTV. Members are responsible for all home equity lines of credit taxes in Florida, including, but not limited to the Documentary Stamp Tax.