Mortgage Loans
A Mortgage That Fits Your Plan
Whether your plan involves buying a new home or just refinancing, let our mortgage loan specialist customize a mortgage solution just for you.
Highly competitive rates
Streamlined application process and closings
Bi-weekly payment option
Purchases or refinances
3 1/2% down payment option
Conventional, FHA, and Jumbo Mortgages (2.1 million)
Let our lending specialists create a customized mortgage solution that suits your grand plan.
Mortgage Application Information
Planites Credit Union can only do mortgage pre-qualifications for current members. If you are not currently a member of the credit union but are eligible, you may join in person at the credit union or online.
Apply for a mortgage online or call us at (312) 653-6371 for details.
Save With Our Bi-weekly Payment Option (APR For Illustration Purposes Only)
| Details | Bi-Weekly Payments | Monthly Payments |
|---|---|---|
| Mortgage Amount | $200,000 | $200,000 |
| Interest Rate | 4.25% | 4.25% |
| Payment | $491.94 bi-weekly debit** | $983.88 monthly |
| Years to Repay | 25.6 years | 30 years |
| Total Interest | $128,268.72 | $154,196.69 |
| Interest Savings | $25,927.97 | - |
**Based on standard amortization, individual results may vary. We assume that no prepayments were made prior to the start of your bi-weekly payments. The interest rate comparison assumes that you refinance your outstanding mortgage balance with a new mortgage that has a term the same length as your original mortgage. In the case presented, this is $200,000 for 30 years. No closing costs are taken into consideration, which could add to the cost of refinancing.
Rates and Terms are subject to change.
Loan Rates
Rates effective as of 10/1/2024
| Type | APR* |
|---|---|
| Share Secured - 100% | 5.50% |
| Unsecured Signature Loan | as low as 12.75% |
| Visa Loan - Variable Rate | as low as 14.00% |
| New & Used Vehicles** | as low as 4.99% |
**Loan rates are quoted as the lowest available. Actual rates based on NADA retail value, credit score, model year, term, and down payment. PCU offers rates as low as 4.99% for 24 months, 5.24% up to 36 months, 5.49% for 48 months, 5.74% up to 60 months, 6.49% up to 72 months or 7.49% up to 84 months. (84-month term available on new vehicles. Minimum $40,000 loan.)