If you have applied online or directly with our lending department and would like to check the status of your loan or to upload requested documents, click below.
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 loan that suits your current life stage, whether you are a first-time home buyer, looking to refinance your current mortgage to a lower interest rate, seeking a VA loan or anywhere else in life.
| Mortgage Loan Type | Key Benefits | Worth considering if you... |
|---|---|---|
| Liberty Loan |
Lowest fixed interest rates Piedmont Advantage offers 5.50% APR*
|
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 • 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 |
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 |
Select an appointment type below to schedule a meeting to discuss the mortgage product that best fits your needs.
To apply online for Conventional First Mortgages, ARMs or Government Loans, click HERE NOW.
Active MLO LIST
1As of July 27, 2023, the Liberty Loan has a fixed rate of 5.50% 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 5.50% APR for 144 months would be $950.
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 2.00% to 5.00% 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 2.00% to 5.00% of the purchase price.
New to Piedmont Advantage?
Follow these easy steps to open your membership and new accounts:
- 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.
- 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.
- You also may apply for membership or any new account by visiting a branch or calling our Member Relationship Center, 800.433.PACU.