- No Closing Costs*
- No junk fees
- Local decision making & servicing
- Purchase, refi, construction, rehab
Please call 401-729-4060 for First Time Homebuyer and Purchase Mortgage Special products and rates.
FHA Loans
| Term | Rate | Points | APR |
|---|---|---|---|
| 30 yr |
Call for today's rates. |
||
| 15 yr | |||
Adjustable Rate (ARM)
| Product | Term | Rate | Points | APR |
|---|---|---|---|---|
| 10/1 | 30 yr | 4.125% | 0 | 5.536% |
| 5/5 | 30 yr | 3.875% | 0 | 4.592% |
| 5/1 | 30 yr | 3.750% | 0 | 4.657% |
| 3/3 | 30 yr | 3.500% | 0 | 4.871% |
Fixed Rate up to $484,350
| Term | Rate | Points | APR |
|---|---|---|---|
| 30 yr | 4.375% | 2 | 4.587% |
| 30 yr | 4.500% | 1 | 4.626% |
| 30 yr | 4.625% | 0 | 4.665% |
| 20 yr | 4.125% | 2 | 4.414% |
| 20 yr | 4.250% | 1 | 4.421% |
| 20 yr | 4.375% | 0 | 4.429% |
| 15 yr | 3.875% | 2 | 4.242% |
| 15 yr | 4.000% | 1 | 4.217% |
| 15 yr | 4.125% | 0 | 4.193% |
| 10 yr | 3.750% | 2 | 4.277% |
| 10 yr | 3.875% | 1 | 4.186% |
| 10 yr | 4.000% | 0 | 4.098% |
Jumbo Fixed Rate
| Term | Rate | Points | APR |
|---|---|---|---|
| 30 yr |
Call for today's rates. |
||
| 20 yr | |||
| 15 yr | |||
| 10 yr | |||
Quick Pay Fixed Rate
| Term | Rate | Points | APR |
|---|---|---|---|
| 20 yr | 4.250% | 0 | 4.303% |
| 11-15 yrs | 3.990% | 0 | 4.058% |
| 8-10 yrs | 3.750% | 0 | 3.847% |
| 1-7 yrs | 3.625% | 0 | 3.760% |
Smart Option Bi-Weekly
| Product | Term | Rate | Points | APR |
|---|---|---|---|---|
| Smart Option 30 | 30 yr | 4.750% | 0 | 4.783% |
| Smart Option 15 | 15 yr | 4.250% | 0 | 4.314% |
Land Loans (Buildable Lot)
| Product | Term | Rate | Points | APR |
|---|---|---|---|---|
| 1/1 | 30 yr | 3.750% | 0 | 3.766% |
| 5/1 | 30 yr | 4.250% | 0 | 4.267% |
| 10/1 | 30 yr | 4.875% | 0 | 4.892% |
Rates as of 12/21/2018 and subject to change without notice. Conditions and/or restrictions may apply.
*PCU’s regular mortgage terms and conditions apply. Minimum loan term is 15 years. No Closing Costs offer not available on QuickPay, construction, Jumbo 30 yr. fixed rate or land loans. If applicable, borrower must pay certain costs (e.g. prepaid interest, initial escrow deposit, PMI). Attorney’s closing fees capped at $900 (typically $600-$700). 100% financing offer only applicable to first time homebuyer loans; all borrowers must be a first time homebuyer to qualify.
APR for Jumbo Fixed Rate mortgages is based on a $454,000 loan with 80% loan-to-value and no prepaid interest. APRs for all other mortgages listed are based on a $100,000 loan with 80% loan-to-value and no prepaid interest.
For all Adjustable Rate Mortgages the Rate may increase after closing.
Mortgage insurance required if LTV exceeds 80%.
Repayment Examples
- 30 yr Fixed Rate Mortgage at 4.375% (4.587% APR): 360 monthly payments of $4.99 per $1,000 borrowed
- 5/5 Adjustable Rate Mortgage at 3.875% (4.592% APR): 360 monthly payments of $4.70 per $1,000 borrowed
- 30 yr Jumbo Fixed Rate Mortgage at 4.375% (4.383% APR): 360 monthly payments of $4.99 per $1,000 borrowed.
- 20 yr QuickPay Fixed Rate Mortgage at $4.250% ($4.303% APR): 240 monthly payments of $6.19 per $1,000 borrowed.
- 10 yr QuickPay Fixed Rate Mortgage at $3.750% ($3.847% APR): 120 monthly payments of $10.01 per $1,000 borrowed.