First Mortgage Loans

Review your home-buying power with a mortgage from Pacific Transportation Federal Credit Union.  Our competitively priced first Mortgage and Home Equity loans and financing allow you to choose the options that best meet your needs.  Whether you are looking to purchase a home, refinance from an ARM to a fixed rate, lower your payment or take cash out, we have the loan for you!  Consider your current and future financial circumstances and choose the option that suits your needs.  8 Easy Steps to Have You in Your New Home for the holidays.

Choose a Mortgage

Fixed Rate Mortgage This option offers a fixed interest rate for the life of the loan.

• Protects against rising interest payments.
• Equity grows faster than with most other mortgage options.
• Higher interest rate in exchange for the stability of a fixed monthly payment.
• If you plan to stay in your home longer than 7 years.
• Is a 40-Year Mortgage Right For You?
• Check today's featured rates
• Apply now

Adjustable Rate Mortgage (ARM) This ARM offers a lower payment initially.

• Lower rate and monthly payments during the fixed rate period.
• Flexibility of an ARM at the end of the fixed rate period.
• If you plan on selling your home in the next 3, 5, 7, or 10 years, this loan is for you.
• Interest Only feature offers an even lower payment during the fixed rate period.
• Check today's featured rates
• Apply now

Home Equity Loans

A home equity loan is a smart tool for managing one of your largest assets, your home.  With potential tax advantages and lower rates than most other types of credit, a home equity loan or line can be an important resource for meeting large expenses.

Home Equity Lines of Credit (HELOC) Flexible loan to borrow when you want.

• As you pay down your line, you can reuse the money as long as the line is available.
• 10 year draw and 20 year repayment
• Maximum loan amount $500,000
• Check today's featured rates
• Apply now

Equity Express Home Equity Line of Credit (HELOC) Flexible loan to borrow when you want.

• As you pay down your line, you can reuse the money as long as the line is available.
• Interest Only Feature for 10 Year Draw Period
• Principle Payments Made With No Pre-payment Penalty
• 10 year draw and 20 year repayment
• Maximum loan amount $500,000
• Check today's featured rates
• Apply now

Home Equity Fixed Rate

• Fixed interest rate over the life of the loan
• Entire loan amount disbursed for your use
• .25% discount with auto-payment
• Maximum loan amount $400,000
• Check today's featured rates
• Apply now