Collateral Mortgages

Borrow against your home using a PCU collateral mortgage.  Home renovations, new appliances or even additions can be financed with this completely open mortgage that can be paid off at any time.  Exceptional rates, flexible payment schedules and fast approval make this an excellent way to get the things you want and need today.

The PCU Collateral Mortgage includes:

•PCU-setting rates! A low rate with your home as security.

•Fast PCU applications! Quick approvals.

•Fully Open! Pay it off at any time.

•The ultimate in flexible payments: weekly, bi-weekly or monthly - tied to your paydays!

The minimum down payment for new mortgages has been modified.

•For homes with a purchase price less than or equal to $500,000 the minimum down payment is 5%

•    For homes with a purchase price greater than $500,000 and less than $1 million, the minimum down payment is 5% of the first $500,000 plus 10% of the remaining balance

•For homes with a purchase price of $1 million or more, the minimum down payment is 20%

Learn more about our PCU mortgage rates.

Or check out PCUs Equity Line of Credit: a preferred-rate of line of credit that is secured by the value of your home so you can boost your home’s value by renovating.