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  3. Loan Rates

Loan Rates

Great Consumer Loan Rates

All stated rates are subject to change at any time. All Loan rates effective as of 10/26/2020.

Conventional Fixed Rates



Construction Loans
6 Month Construction Period, Converting to End Loan of Your Choice

Product Lock Period Interest Rate Total
Points		 Annual Percentage
Rate (APR)		 Payment Max LTV
30 Year Purchase 60 days 2.375% 0 2.485% $388.65 97%
30 Year Refinance 75 days 2.625% 0 2.737% $401.65 97%
25 Year Purchase 60 days 2.375% 0 2.505% $442.35 97%
25 Year Refinance 75 days 2.625% 0 2.756% $454.94 97%
20 Year Purchase 60 days 2.625% 0 2.758% $536.01 97%
20 Year Refinance 75 days 2.625% 0 2.785% $536.01 97%
15 Year Purchase 60 days 2.250% 0 2.455% $655.08 97%
15 Year Refinance 75 days 2.490% 0 2.697% $666.32 97%
10 Year Purchase 60 days 2.125% 0 2.425% $925.74 97%
10 Year Refinance 75 days 2.375% 0 2.676% $937.03 97%
Product Lock Period Interest Rate Total
Points		 Annual Percentage
Rate (APR)		 Payment Max LTV
6  Months 60 days Prime + 1% 1 10.132% Variable 95%


FHA Loans

Product Lock Period Interest Rate Total
Points		 Annual Percentage
Rate (APR)		 Payment Max LTV
30 Year Purchase 60 days 2.250% 0 3.391% $388.94 96.5%
30 Year Refinance 75 days 2.250% 0 3.391% $388.94 96.5%


USDA Financing
100% LTV. Income and geography restrictions apply.

Product Lock Period Interest Rate Total
Points		 Annual Percentage Rate (APR) Payment Max LTV
30 Year Purchase 60 days 2.250% 0 3.089% $399.12 100%


VA Financing
100% LTV

Product Lock Period Interest Rate Total
Points		 Annual Percentage
Rate (APR)		 Payment Max LTV
30 Year Purchase 60 days 2.375% 0 2.606% $397.59 100%
30 Year Refinance 75 days 2.375% 0 2.606% $397.59 100%


Maryland Mortgage Program

Product Lock Period Interest Rate Total
Points		 Annual Percentage
Rate (APR)		 Payment Max LTV
30 Year Purchase 60 days 3.625% 0 3.744% $456.05 97%

Improved Land Loans

Interest Rate Terms Other
As Low As 4.04% Flexible Terms Available Purchase Money

Up to 80% of Property Value.

For example: On a $40,000 loan, the monthly payment for 120 months at 4.24% is $405.74.

Appraisal Fee – $350 (based upon county)

Your actual rate is based upon your credit history and current credit report.

Unimproved Land Loans

Interest Rate Terms Other
As Low As 4.79% Flexible Terms Available Purchase Money

Up to 70% of Property Value.

For example: On a $40,000 loan, the monthly payment for 120 months at 4.99% is $420.17.

Appraisal Fee – $350 (based upon county)

Your actual rate is based upon your credit history and current credit report.

All mortgage rates effective October 26, 2020.

Conventional loan rates are based on a $100k purchase transaction with superior credit and a 75% LTV or less. For FHA loans, rates are based on 96.5% base LTV on $100,000 base loan amount. USDA and VA financing are a $100k loan at 100% LTV. Mortgage rates are adjusted each business day and are subject to change throughout the day without notice. Your interest rate IS NOT locked in without a completed application and speaking to one of our mortgage loan officers. Your rates and points may differ from what is listed and depends on the individual credit score, purpose of the loan and loan-to-value. Payment does not include escrow for taxes, insurance and mortgage insurance which may be required. Normal closing costs apply. All loans subject to credit approval.
*ARM rate adjustments are determined by an index and margin, the index of which is variable and therefore unknown for future payments.

Equal Credit Opportunity Lender

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Vehicle, Motorcycle, Camper, RV & Boat Loans

Annual Percentage Rate Terms Other
As Low As 3.74% Flexible Terms Available. For example: For a $10,000 loan, your monthly payment will be $182.99 for 60 months at 3.74%. Up to 100% Financing.

Your actual rate is based upon your credit history and current credit report.

100% financing means LTV (loan to value) is equal to 100% of value (NADA or MSRP) of vehicle. PFCU has programs available for 100% of MSRP or NADA plus tax, tags, warranty and gap for qualified members.

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Share Secured Variable Loans

Annual Percentage Rate Terms
Current dividend rate on regular shares + 4.00%. Flexible Terms Available

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Certificate Secured Loans

Annual Percentage Rate Terms
Certificate rate + 3.00%. Flexible Terms Available

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Signature Loans

Annual Percentage Rate Terms Other
As Low As 6.99% Flexible Terms Available For example: On a $2,500 loan, the monthly payment for 36 months at 7.24% is $77.47.

Your actual rate is based upon your credit history and current credit report.

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Express Signature Loans

Interest Rate Terms Other
13.50% $1,000 loan for 12 months $20 application fee at loan disbursement.

Monthly payment is $90.05 at 17.06% APR.

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Closed End Home Equity Loans, Up to 60 Months

Annual Percentage Rate Other
As Low As 2.59% For up to 70% financing.

Other rates available for up to 90% financing.

Property insurance is required.

Loans secured by Maryland properties are subject to a recordation tax which varies by county.

For example: On a $20,000 loan, the monthly payment for 60 months at 2.59% APR is $355.74.

Your actual rate is based upon your credit history and current credit report.

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Closed End Home Equity Loans, 61 – 120 Months

Annual Percentage Rate Other
As Low As 2.79% For up to 70% financing.

Other rates available for up to 90% financing.

Property insurance is required.

Loans secured by Maryland properties are subject to a recordation tax which varies by county.

For example: On a $20,000 loan, the monthly payment for 120 months at 2.79% APR is $191.19.

Your actual rate is based upon your credit history and current credit report.

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Closed End Home Equity Loans, 121 – 180 Months

Annual Percentage Rate Other
As Low As 3.49% For up to 70% financing.

Other rates available for up to 90% financing.

Property insurance is required.

Loans secured by Maryland properties are subject to a recordation tax which varies by county.

For example: On a $20,000 loan, the monthly payment for 180 months at 3.49% APR is $142.88.

Your actual rate is based upon your credit history and current credit report.

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Patriot Equity Line

Annual Percentage Rate Other
As Low As 2.99% For up to 70% financing.

Variable rate subject to change monthly; index is the Prime Rate as reported in the Wall Street Journal on the last Friday of each month. Prime rate as of March 16, 2020 is 3.25%.

Other rates available for up to 90% financing.

Property insurance is required.

Application fee is $199.00.

Lines of credit and loans secured by Maryland properties are subject to a recordation tax which varies by county.

There is no floor on this line and the maximum APR is 18%.

Your actual rate is based upon your credit history and current credit report.

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