Mortgages

Our members can take advantage of a full line of affordable home loan products.

Home Equity Loans/Second Mortgages

If you own your home, a Parkview Community FCU Home Equity Loancan be used to finance home improvements, consolidate bills, plan a vacation, handle education costs, or any worthwhile purpose.

Our Home Equity Loans offer low interest rates and flexible repayment terms designed to comfortably fit your budget. Also, the interest you pay may be tax-deductible, which could mean even more savings (consult a tax advisor for details).

Community FCU offers two types of Home Equity Loans:

Fixed Rate
Your payments won’t fluctuate, so you will always know the amount you need to pay each month. You also will receive the loan amount at one time, so you can immediately put it to use.

Line of Credit
You can borrow the money you as you need it without having to reapply for a new loan each time. For additional convenience, we offer Line-of-Credit checks, which allow you to access your loan by writing a check. Even if you don’t have a specific need today, establish a personal lineofcredit so it will be there tomorrow when you do.

Refinancing

You can refinance an existing mortgage at PCFCU to save money and reduce your monthly payment if you’re currently paying high interest rates.

First, determine how much refinancing is going to reduce your monthly payment. Second, divide your monthly savings into your cost to refinance (the total amount of closing costs and other fees that you may incur) to determine how many months it will take for you to “break even.” Make sure you are planning to stay in your house that long. For example, if your break-even point is 5 years and you are planning to stay in your house for 10 years, then refinancing is probably in your best interest.

Call (412) 678-9564 or stop by the credit union for more information on mortgages and refinacing. Our loan officers can help you evaluate your options.