Posted: 11/5/2013 14:47
PLCU Home Loan Solutions
Home Loan Solutions made effortless for the
first-time or the experienced homebuyer.
All your home loan needs are now as close as Point Loma Credit Union. Plus with no application fee… PLCU can make even the process of buying your new home a fond memory.
First-Time Homebuyer Program – A 30-year mortgage (80% financed up to the lower of the appraised value or purchase price) that offers a .50% rate reduction for the first three years and reverts back to the original note rate for the remaining 27 years. PLCU pays non-recurring costs like credit, appraisal and title insurance, etc. (first-time homebuyers only).
Adjustable Rate Mortgages – Choose one of our many competitive ARMs to lower your monthly payments and save money. Click here for more information about PLCU ARMs.
HARP 2.0 – With the HARP 2.0 program, you can now refinance your home loan even if you owe more than your home’s value. Click here
Interest Only First Mortgage – With this loan, you only pay the interest accrued. So, you can live in the home of your dreams for a much lower monthly payment than with a typical home loan.
No Points / No Closing Costs First Trust Deed – PLCU pays the nonrecurring, pass-through closing costs… such as an appraisal, credit report, title insurance, settlement, tax service fees. $200,000 minimum loan amount required.***
Are you having difficulty making your PLCU mortgage payments? Click here.
View our great rates! Our Rate Lock Program allows your interest rate and points to be "Locked In" by you, at the time of application, for 45 days.
For additional information, please contact your nearest PLCU branch or the Call Center at (858) 495-3400.