Whether buying or refinancing, you can count on PFCU to be your partner through it all. To help clear some hurdles, PFCU offers a Flat Fee Mortgage Program, which has you covered from origination to appraisal. We’re here to assist you in finding the right mortgage product and loan terms to meet your needs and budget. Our Mortgage Department assists our members from application to servicing your loans, so you can be assured that someone will be there for you every step of the process if you have any questions.
| Loan Type | Term | Rate | APR* | Action | Disclosures |
|---|---|---|---|---|---|
| Fixed | 10 years | 5.750% | 5.978% | Apply Now | |
| Fixed | 15 years | 5.875% | 6.037% | Apply Now | |
| Fixed | 20 years | 6.375% | 6.509% | Apply Now | |
| Fixed | 30 years | 6.875% | 6.981% | Apply Now | |
| 3/1 Year ARM | 30 years | 6.375% | 7.762% | Apply Now | Consumer Handbook |
| 5/1 Year ARM | 30 years | 6.625% | 7.713% | Apply Now | Consumer Handbook |
| 7/1 Year ARM | 30 years | 6.750% | 7.682% | Apply Now | Consumer Handbook |
| 10/1 Year ARM | 30 years | 6.875% | 7.668% | Apply Now | Consumer Handbook |
Phone: 973-361-5225 ext 309
Email: tgranger@picacreditunion.com
NMLS ID#: 2028597
Schedule a free, no obligation consultation with our experienced Mortgage Loan Officers. Our mortgage experts will answer your questions, help assess your financial situation, and can recommend the best mortgage program for your situation.
We want to help make every Picatinny member’s dream home a reality. We’re aware that for many people, expensive closing costs, or the fees for the services and expenses required to finalize a mortgage, may prevent them from taking the next step towards becoming a homeowner. We’re proud to remove some of the barriers on the road to homeownership by offering Picatinny’s Flat Fee Mortgage Program for new home purchases and refinances. Our program offers PFCU members a flat fee of $799, which includes:
At PFCU, we offer 100% financing for home loans. Finance the entire purchase price of a home with no down payment required. 1
We have partnered with HomeAdvantage® to offer our members an exclusive realtor network program. You now have access to online tools to search for homes, research neighborhoods, and find a local, expert real estate agent from the network of over 850 real estate agents nationwide. When you work with an agent in the HomeAdvantage® network, you earn Cash Rewards** when you close. On average, members earn $1,900 in Cash Rewards. Buy and sell and you’ll receive two Cash Rewards!
See which homes are for sale and which have recently sold. Save your favorite searches and get email alerts when new information is available.
We've hand-picked professional real estate agents from the top, local brokerages to be a part of our exclusive agent network. Choose one online yourself or contact our Mortgage Team to help connect you with a top agent that is best for you.
Use one of the agents in our network to buy or sell your home and earn potentially thousands in Cash Rewards when you close. Calculate your savings. If you are looking to sell your home, buy a home, or both, get rewarded for it!
Our team of Member Experience Professionals are committed and trained to help you every step of the way-- from the start of the application to closing-- and they will work with you to select the mortgage option that is best suited for your current financial circumstance.
Please Note: Before you apply, be sure to unfreeze your credit history to ensure a faster and smoother application process.
Members inquiring about a mortgage loan payoff should get in contact with PFCU’s mortgage department via fax or email. Members should allow a 24-48 hour response time.
*APR= Annual Percentage Rate. +The Flat Fee Mortgage Program is available to borrowers purchasing or refinancing 1-4 family owner-occupied properties located in NJ, PA, DE, MD, DC, VA, NC, SC, GA, FL and is subject to change at any time. The $799 Flat Fee is non-refundable and payable upon return of the signed Initial Disclosure Package. Refinance and new purchase applicants will be responsible for interim interest, funding an escrow account for property taxes and insurance, and all title insurance costs and attorney fees. Home purchase applicants will also be responsible for survey costs, home inspection costs, and all settlement items between the applicant as buyer and seller for the purchase of applicant’s home. Maximum loan amount of $766,550 and the minimum loan amount is $50,000. LTVs up to 95%, conditions apply. Cash out refinances may be subject to different terms and/or restrictions. All applicants with a loan to value over 80% require Private Mortgage Insurance (PMI), which is funded by the applicant. Any member that has financed their mortgage with PFCU in the last twenty-four (24) months is not eligible for this program. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates, fees, and terms are subject to change at any time. To qualify for membership, you must open a savings account with a minimum deposit of $5.
*Please Note: Before you apply, be sure to unfreeze your credit history to ensure a faster and smoother application process.
**HomeAdvantage® is available to you through your credit union membership. Cash Rewards are available to members who register to use HomeAdvantage® and who use a real estate agent in the HomeAdvantage® network to buy or sell their home. Using the credit union for a mortgage is not a requirement to earn Cash Rewards. Cash Rewards amounts are dependent on the commissions paid to the agent. The credit union may have specific rules on how Cash Rewards will be paid. Cash Rewards are void where prohibited by law or the lender. Please consult with your credit union for details that may affect you.
Caring about our family of members by offering financial solutions to help them achieve their goals and realize their dreams.
Routing Number: 221275216
NMLS Number: 402605
Routing Number: 221275216
NMLS Number: 402605
Federally insured by the NCUA Copyright PFCU ©2003-2024. All rights reserved
| Loan Type | Term | Rate | APR* | Action | Disclosures |
|---|---|---|---|---|---|
| Fixed | 10 years | 5.750% | 5.978% | Apply Now | |
| Fixed | 15 years | 5.875% | 6.037% | Apply Now | |
| Fixed | 20 years | 6.375% | 6.509% | Apply Now | |
| Fixed | 30 years | 6.875% | 6.981% | Apply Now | |
| 3/1 Year ARM | 30 years | 6.375% | 7.762% | Apply Now | Consumer Handbook |
| 5/1 Year ARM | 30 years | 6.625% | 7.713% | Apply Now | Consumer Handbook |
| 7/1 Year ARM | 30 years | 6.750% | 7.682% | Apply Now | Consumer Handbook |
| 10/1 Year ARM | 30 years | 6.875% | 7.668% | Apply Now | Consumer Handbook |
Whether buying or refinancing, you can count on PFCU to be your home buying partner. We’re here to assist you in finding the right mortgage product and loan terms to meet your needs and budget.
Disclaimer
*Instant Decision not available for Home Equity or Mortgage Loans.
*APR= Annual Percentage Rate. +The Flat Fee Mortgage Program is available to borrowers purchasing or refinancing 1-4 family owner-occupied properties located in NJ, PA, DE, MD, DC, VA, NC, SC, GA, FL and is subject to change at any time. The $799 Flat Fee is non-refundable and payable upon return of the signed Initial Disclosure Package. Refinance and new purchase applicants will be responsible for interim interest, funding an escrow account for property taxes and insurance, and all title insurance costs and attorney fees. Home purchase applicants will also be responsible for survey costs, home inspection costs, and all settlement items between the applicant as buyer and seller for the purchase of applicant’s home. Maximum loan amount of $766,550 and the minimum loan amount is $50,000. LTVs up to 95%, conditions apply. Cash out refinances may be subject to different terms and/or restrictions. All applicants with a loan to value over 80% require Private Mortgage Insurance (PMI), which is funded by the applicant. Any member that has financed their mortgage with PFCU in the last twenty-four (24) months is not eligible for this program. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates, fees, and terms are subject to change at any time. To qualify for membership, you must open a savings account with a minimum deposit of $5.
*APR=Annual Percentage Rate. Loan Rates as of 2/21/24. Rates are subject to change at any time. The APR is calculated based on a loan amount of $100,000. Our minimum mortgage amount is $50,000.00 to a conforming maximum of $766,550 and $1,089,300 for high cost areas for single family residences. Other terms available for two to four family units. Speak with one of our Mortgage Loan Officers at (973) 361-5225 extension 157.
Please call the credit union for the most up to date rate information. Not responsible for typographical errors.
| Loan Type | Min./Max. | Term | APR* | Action | Disclosures |
|---|---|---|---|---|---|
| Home Equity Fixed First Lien up to 80% LTV | $15,000 Minimum/$350,000 Maximum | 5 years | as low as 6.75% | Apply Now | |
| Home Equity Fixed First Lien up to 80% LTV | $15,000 Minimum/$350,000 Maximum | 7 years | as low as 7.00% | Apply Now | |
| Home Equity Fixed First Lien up to 80% LTV | $15,000 Minimum/350,000 Maximum | 10 years | as low as 7.25% | Apply Now | |
| Home Equity Fixed First Lien up to 80% LTV | $15,000 Minimum/$350,000 Maximum | 15 years | as low as 7.50% | Apply Now | |
| Home Equity Fixed First Lien up to 80% LTV | $15,000 Minimum/$350,000 Maximum | 20 years | as low as 8.50% | Apply Now | |
| Home Equity Fixed Second Lien | $15,000 Minimum/$350,000 Maximum | 5 years | as low as 7.00% | Apply Now | |
| Home Equity Fixed Second Lien | $15,000 Minimum/$350,000 Maximum | 7 years | as low as 7.25% | Apply Now | |
| Home Equity Fixed Second Lien | $15,000 Minimum/$350,000 Maximum | 10 years | as low as 7.50% | Apply Now | |
| Home Equity Fixed Second Lien | $15,000 Minimum/$350,000 Maximum | 15 years | as low as 7.75% | Apply Now | |
| Home Equity Fixed Second Lien | $15,000 Minimum/$350,000 Maximum | 20 years | as low as 8.75% | Apply Now | |
| HELOC First Lien | $20,000 minimum/$350,000 maximum up to 80% LTV/CLTV | 30 years | 15 year draw down period | as low as 8.25% | Apply Now | Informational Booklet Disclosure |
| HELOC Second Lien | $20,000 minimum/$350,000 maximum up to 80% LTV/CLTV | 30 years | 15 year draw down period | as low as 8.50% | Apply Now | Informational Booklet Disclosure |
Whether you’re looking to consolidate debt, pay for college tuition or remodel your kitchen, you can use the equity in your home to help finance the cost.
*APR=Annual Percentage Rate. Loan Rates as of 10/31/23. The actual rate may vary based upon creditworthiness and underwriting policies. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates and terms are subject to change at any time. To qualify for membership, you must open a savings account with a minimum deposit of $5.
**The APR for all Equity Lines of Credit may vary and is based on the U.S. prime rate as published in The Wall Street Journal. The minimum “floor” APR on all Equity Lines of Credit is 3.25% and the maximum APR that can apply is 18%. Introductory Rate of 1.99% for the first 6 months and adjusts to Prime + a margin after the introductory period. *Loan to value up to 80%. Please call the credit union for the most up to date rate information. Not responsible for typographical errors.
***Closing costs for the first $250,000 will be paid by Picatinny but must be repaid by the borrower(s) if the HELOC is closed within the first 12 months of account opening. These fees can be found on our Early Disclosure. Note: For LTV’s over 80% we have a limit of $250,000, have restrictions to DTI, min credit score, and are not eligible for the Introductory Rate. Rates will vary for LTV over 80%. Max Line of $350,000, any loan size over $250k, the Applicant will be responsible for Title fees and Appraisal fees. Housing counseling agencies approved by the US Department of Housing and Urban Development (HUD) can offer independent advice about whether a particular set of mortgage loan terms is a good fit based on your objectives and circumstances, often at little or no cost. If you are interested in contacting a HUD-approved housing counseling agency in your area, you can visit the Consumer Financial Protection Bureau’s (CFPB) website and enter your zip code. You can also access HUD’s housing counseling agency website. For additional assistance with locating a housing counseling agency, call the CFPB at 1-855-411-CFPB (2372).
Picatinny Federal Credit Union NMLS ID 402605
| Loan Type | Maximum | Terms | APR* | Action |
|---|---|---|---|---|
| New Vehicle (Car, Truck, Van) | Up to 100% of purchase price, including sales tax | Up to 36 months | as low as 5.99% | Apply Now |
| New Vehicle (Car, Truck, Van) | Up to 100% of purchase price, including sales tax | Up to 48 months | as low as 6.24% | Apply Now |
| New Vehicle (Car, Truck, Van) | Up to 100% of purchase price, including sales tax | Up to 60 months | as low as 6.37% | Apply Now |
| New Vehicle (Car, Truck, Van) | Up to 100% of purchase price, including sales tax | Up to 72 months | as low as 7.00% | Apply Now |
| New Vehicle (Car, Truck, Van) | Up to 100% of purchase price, including sales tax | Up to 84 months | as low as 8.25% | Apply Now |
| New Vehicle (Car, Truck, Van) | Up to 100% of purchase price, including sales tax | Up to 96 months | as low as 8.75% | Apply Now |
| New Motorcycle | Up to 100% of purchase price, including sales tax | Up to 36 months | as low as 7.99% | Apply Now |
| New Motorcycle | Up to 100% of purchase price, including sales tax | Up to 48 months | as low as 8.115% | Apply Now |
| New Motorcycle | Up to 100% of purchase price, including sales tax | Up to 60 months | as low as 8.24% | Apply Now |
From choosing your perfect car at the dealership or utilizing PFCU’s CarMatch, we are here to help you get in the driver’s seat. We want to make your next car-buying experience hassle-free and convenient.
*APR=Annual Percentage Rate. **New vehicle loan, 6.37% APR for 60 months, $19.51 per month per $1,000 borrowed. Used vehicle loan 6.995% APR for 60 months, $19.80 per month per $1,000 borrowed. Rates and terms are subject to change at any time. The actual rate may vary based upon creditworthiness and underwriting policies. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00.
Vehicle Loans
* APR=Annual Percentage Rate. Loan Rates as of 4/08/24.
Actual rates may vary on New & Used Vehicle Loan Products. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates and Terms are subject to change at any time. Different terms may be available for 10 model year vehicles.To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00. Please call the credit union for the most up to date rate information. Not responsible for typographical errors.
First Time Auto Buying
*APR=Annual Percentage Rate. New or used vehicle loan, 7.00% APR for 60 months, $19.80 per $1,000 borrowed. The rates and terms of the offer are subject to change at any time. Program underwriting guidelines must be met for loan approval. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00.
Contact the credit union for more details.
| Loan Type | Maximum | Terms | APR* | Action |
|---|---|---|---|---|
| Used Vehicle (Car, Truck, Van) | Loan not to exceed J D Powers Clean Retail value sales tax | Up to 36 months | as low as 6.49% | Apply Now |
| Used Vehicle (Car, Truck, Van) | Loan not to exceed J D Powers Clean Retail value sales tax | Up to 48 months | as low as 6.74% | Apply Now |
| Used Vehicle (Car, Truck, Van) | Loan not to exceed J D Powers Clean Retail value sales tax | Up to 60 months | as low as 6.995% | Apply Now |
| Used Vehicle (Car, Truck, Van) | Loan not to exceed J D Powers Clean Retail value sales tax | Up to 72 months | as low as 7.25% | Apply Now |
| Used Vehicle (Car, Truck, Van) | Loan not to exceed J D Powers Clean Retail value sales tax | Up to 84 months | as low as 8.875% | Apply Now |
| Used Motorcycle | Loan not to exceed J D Powers Clean Retail value sales tax | Up to 36 months | as low as 8.24% | Apply Now |
| Used Motorcycle | Loan not to exceed J D Powers Clean Retail value sales tax | Up to 48 months | as low as 8.375% | Apply Now |
| Used Motorcycle | Loan not to exceed J D Powers Clean Retail value sales tax | Up to 60 month | as low as 8.50% | Apply Now |
From choosing your perfect car at the dealership or utilizing PFCU’s CarMatch, we are here to help you get in the driver’s seat. We want to make your next car-buying experience hassle-free and convenient.
*APR=Annual Percentage Rate. **New vehicle loan, 6.37% APR for 60 months, $19.51 per month per $1,000 borrowed. Used vehicle loan 6.995% APR for 60 months, $19.80 per month per $1,000 borrowed. Rates and terms are subject to change at any time. The actual rate may vary based upon creditworthiness and underwriting policies. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00.
Vehicle Loans
* APR=Annual Percentage Rate. Loan Rates as of 4/08/24.
Actual rates may vary on New & Used Vehicle Loan Products. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates and Terms are subject to change at any time. Different terms may be available for 10 model year vehicles. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00. Please call the credit union for the most up to date rate information. Not responsible for typographical errors.
| Loan Type | Maximum | Terms | APR* | Action |
|---|---|---|---|---|
| New Boat | Up to 80% of purchase price plus sales tax not to exceed $30,000 | Up to 24 months | as low as 7.99% | Apply Now |
| New Boat | Up to 80% of purchase price plus sales tax not to exceed $30,000 | Up to 36 months | as low as 8.115% | Apply Now |
| New Boat | Up to 80% of purchase price plus sales tax not to exceed $30,000 | Up to 48 months | as low as 8.25% | Apply Now |
| New Boat | Up to 80% of purchase price plus sales tax not to exceed $30,000 | Up to 60 months | as low as 8.365% | Apply Now |
| New Motor Home (Self Driven or Towed) | Up to 80% of purchase price sales tax not to exceed $50,000 | Up to 24 months | as low as 7.99% | Apply Now |
| New Motor Home (Self Driven or Towed) | Up to 80% of purchase price sales tax not to exceed $50,000 | Up to 36 months | as low as 8.115% | Apply Now |
| New Motor Home (Self Driven or Towed) | Up to 80% of purchase price sales tax not to exceed $50,000 | Up to 48 months | as low as 8.24% | Apply Now |
| New Motor Home (Self Driven or Towed) | Up to 80% of purchase price sales tax not to exceed $50,000 | Up to 60 months | as low as 8.365% | Apply Now |
| New Motor Home (Self Driven or Towed) | Up to 80% of purchase price sales tax not to exceed $50,000 | Up to 120 months | as low as 8.865% | Apply Now |
Whether boating on Lake Hopatcong or planning a cross-country trip in a new or used RV, PFCU is here to help finance your next adventure.
*APR=Annual Percentage Rate. **New recreational vehicle loan, 7.865% APR for 60 months, $20.22 per month per $1,000 borrowed. Used recreational vehicle loan 8.115% APR for 60 months, $20.34 per month per $1,000 borrowed. Rates and terms are subject to change at any time. The actual rate may vary based upon creditworthiness and underwriting policies. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00.
Recreational Vehicle Loans
* APR=Annual Percentage Rate. Loan Rates as of 6/13/23.
Actual rates may vary on Recreational Vehicle Loan Products. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates and terms are subject to change at any time. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00. Please call the credit union for the most up to date rate information. Not responsible for typographical errors.
| Loan Type | Maximum | Terms | APR* | Action |
|---|---|---|---|---|
| Used Boat | Loan not to exceed NADA book average retail value sales tax | Up to 24 months | as low as 8.24% | Apply Now |
| Used Boat | Loan not to exceed NADA book average retail value sales tax | Up to 36 months | as low as 8.365% | Apply Now |
| Used Boat | Loan not to exceed NADA book average retail value sales tax | Up to 48 months | as low as 8.49% | Apply Now |
| Used Boat | Loan not to exceed NADA book average retail value sales tax | Up to 60 months | as low as 8.615% | Apply Now |
| Used Motor Home (Self Driven or Towed) | Loan not to exceed NADA average loan value or 80% of NADA average retail value plus sales tax. Not to exceed $50000 | Up to 24 months | as low as 8.24% | Apply Now |
| Used Motor Home (Self Driven or Towed) | Loan not to exceed NADA average loan value or 80% of NADA average retail value plus sales tax. Not to exceed $50000 | Up to 36 months | as low as 8.365% | Apply Now |
| Used Motor Home (Self Driven or Towed) | Loan not to exceed NADA average loan value or 80% of NADA average retail value plus sales tax. Not to exceed $50000 | Up to 48 months | as low as 8.49% | Apply Now |
| Used Motor Home (Self Driven or Towed) | Loan not to exceed NADA average loan value or 80% of NADA average retail value plus sales tax. Not to exceed $50000 | Up to 60 months | as low as 8.615% | Apply Now |
| Used Motor Home (Self Driven or Towed) | Loan not to exceed NADA average loan value or 80% of NADA average retail value plus sales tax. Not to exceed $50000 | Up to 120 months | as low as 9.115% | Apply Now |
Whether boating on Lake Hopatcong or planning a cross-country trip in a new or used RV, PFCU is here to help finance your next adventure.
*APR=Annual Percentage Rate. **New recreational vehicle loan, 7.865% APR for 60 months, $20.22 per month per $1,000 borrowed. Used recreational vehicle loan 8.115% APR for 60 months, $20.34 per month per $1,000 borrowed. Rates and terms are subject to change at any time. The actual rate may vary based upon creditworthiness and underwriting policies. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00.
Recreational Vehicle Loans
* APR=Annual Percentage Rate. Loan Rates as of 6/13/23.
Actual rates may vary on Recreational Vehicle Loan Products. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates and terms are subject to change at any time. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00. Please call the credit union for the most up to date rate information. Not responsible for typographical errors.
| Type | Annual Percentage Yield | Dividend Rate |
|---|---|---|
| Shares (Min. $5.00) | 0.10% APY* | 0.10% |
| Share Drafts | 0.010% APY* | 0.01% |
| IRA (Min. $500.00) | 0.10% APY* | 0.10% |
