At Piedmont Advantage Credit Union, we will work hard to help you find the best mortgage rates and home refinancing opportunities.


Mortgage Loan Type Key Benefits Worth considering if you
Liberty Loan

Lowest fixed interest rate Piedmont Advantage offers

Terms up to 12 years

Closes in half the time of conventional loans

5.75% APR1 

$400 credit toward total closing costs2

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 North Carolina, South Carolina or Virginia

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

• 15/15 ARM
• 3/1 ARM
• 5/1 ARM
• 7/1 ARM
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 learn more and get started

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. 


1Annual Percentage Rate. As of February 14, 2024, the Liberty Loan has a fixed rate of 5.75% APR 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. Estimated monthly payment on a $100,000 loan at 5.75% APR for 144 months would be $964.

2Applicable closing costs may vary depending on the location of collateral. Credit of $400 toward applicable closing costs available for Liberty Loans secured by eligible real property in North Carolina, South Carolina or Virginia. 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 Liberty Loan closing costs and fees include appraisal fees, attorney’s fees, title searches, title insurance, flood determination, survey (if required), taxes, deed-recording fees and credit report charges and range between 2.00% to 7.00% of the purchase price or property value for a refinance.

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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