* Applicable for first mortgage loans with maximum loan amount of $647,200. Member must provide 3% down payment plus costing costs for purchase or 5% equity in home for refinance. Private Mortgage Insurance (PMI) required for all loans when financing over 80%. Payment example: For a Fixed Rate Mortgage Loan of $350,000 at 30 years at 5.000%, you would make 360 payments of $1,878.88. Payment amount does not include taxes, insurance or PMI. Actual payment amount will be greater. Other conditions and qualifications apply. See credit union for full details.
**Power Financial Credit Union will pay for all eligible closing costs, excluding rate buy downs/points and prepaid items, up to a maximum of 2% of the loan amount. This is a limited-time promotion. All purchase and refinance fixed rate mortgages secured by a primary residence are eligible. Investment properties or second homes do not qualify. Subject to a three year recapture fee. If the loan is paid off earlier than 36 months (3 years), the lender credit will be added to the payoff.