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Update: 5.25.22:

In observance of Memorial Day, our branches and corporate offices will be closed on Monday, May 30, 2022.

Piedmont Advantage Credit Union strives to make it as easy as possible for you to finance your new home.

Securing the right home loan can be overwhelming and stressful. Our North Carolina mortgage lenders will work hard to help you find the best mortgage rates and give you the confidence that you're making the right decision.

Find the mortgage solution that suits your current life stage. 

Mortgage Loan Type Key Benefits Worth considering if you...
Liberty Loan

Lowest fixed interest rates Piedmont Advantage offers
Terms up to 12 years
Closes in half the time of conventional loans

2.50% APR* 

  • Refinancing?
    • As low as $200 in NC1
    • $400 Credit in SC2
  • Purchasing? $400 Credit3

Plan to refinance to pay your home loan off earlier or pay down faster than a conventional loan

Have a credit score of 700 or higher

Reside in NC or SC

Conventional First Mortgages

Lowest fixed rates Piedmont Advantage offers
Short and Long-Term options up to 30 years

• 30-year mortgage
• 25-year mortgage
• 20-year mortgage
• 15-year mortgage

Plan to stay in your home for a long time

Have an established credit history

Can put at least 5% down

Adjustable-Rate Mortgages (ARM)

Initial lower monthly payments Multiple terms available

• 3/1
• 7/1
• 15/15
• 5/1
• 10/
All terms are based on 30-year amortization period

Don’t plan to stay in your home a long period of time

Have an established credit history

Can put at least 5% down

Government Loans Federal Housing Administration (FHA) & Veteran Administration (VA Loan)

Low down payments or no down payments for VA loans

Flexible qualifications

No mortgage insurance requirement for VA loans

Fixed-rate for FHA; fixed-rate and ARM options for VA

Click here to view Rates

Have limited funds for a down payment

Don’t have an established credit history or have experienced credit challenges

For VA loan, are in military or veteran or surviving spouse of a service member who passed away as a result of service

For more information about our Liberty Loan and other mortgage solutions, complete the following form:

Contact Us

 

To apply online for Conventional First Mortgages, ARMs or Government Loans, click HERE NOW. 

Questions? Call our Mortgage Loan Officer, Chris Robertson, 336.744.8644 

Active MLO LIST 

 

1As of May 5, 2022, the Liberty Loan has a fixed rate of 2.50% APR (Annual Percentage Rate) with a term up to 12 years. Liberty Loan is subject to credit and property approval. Minimum credit score of 700 is required. Maximum loan-to-value of 85%. Rates and terms subject to change without notice and other restrictions may apply. Monthly payment on a $100,000 loan at 2.50% APR for 144 months would be $804.

2Applicants for Liberty Loans secured by eligible real property in North Carolina will only be charged as low as $200 (if appraisal is $499 or less) of applicable closing costs. Applicants for Liberty Loans secured by eligible real property in South Carolina will be given a credit of $400 toward applicable closing costs. Eligible real property consists of 1-4 family residential real estate and excludes rental properties and manufactured homes. Offer does not apply to loans to finance the purchase of real property. Applicable closing costs may vary depending on location of collateral. Flood and/or property hazard insurance may be required. Typical closing costs and fees include origination fees, discount points, appraisal fees, title searches, title insurance, surveys, taxes, deed-recording fees and credit report charges and range between 2% to 5% of the loan amount, depending on the size of the loan.

3Applicable closing costs may vary depending on the location of collateral. Applicants for Liberty Loans secured by eligible real property being purchased in North Carolina and South Carolina will be given a credit of $400 toward applicable closing costs. Eligible real property consists of 1-4 family residential real estate, and excludes rental properties and manufactured homes. Flood and/or property hazard insurance may be required. Typical closing costs and fees include origination fees, discount points, appraisal fees, title searches, title insurance, surveys, taxes, deed-recording fees and credit report charges and range between 2% to 5% of the purchase price.

New to Piedmont Advantage?

Follow these easy steps to open your membership and new accounts:

  1. Membership begins when you open your Share Savings Account with a minimum deposit of just $5. Upon membership approval, you're set to apply for our premier credit cards, various loan solutions and many other deposit accounts.
  2. If you're not a member and have started or completed an online application, upon receipt of your application, we will follow up with you regarding your membership.
  3. You also may apply for membership or any new account by visiting a branch or calling our Member Relationship Center, 800.433.PACU.
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