NMLS #800659

1. Home Equity loan rates shown are for loans secured by a member’s primary residence. Single family owner occupied vacation properties have a maximum LTV of 80%. Rates and terms vary for loans secured by other types of property. The stated rates for loans up to 80% LTV reflect a 0.25% discount with automatic payment from an active PFFCU Checking Account (S0004) or Savings Account (S0001) or distribution from a payroll check automatically deposited with PFFCU and are SUBJECT TO CHANGE WITHOUT NOTICE. Loans exceeding 80% LTV require automatic payment and are not eligible for discount in APR.
2. LTV is calculated based upon your loan amount plus any outstanding liens. This combined amount is divided by the appraised value of your home. The resulting ratio will be a factor in determining your interest rate and how much you can borrow. For LTV ratios of 80.01% – 100% the maximum PFFCU Home Equity Loan amount is $100,000. For investment property LTV ratios of up to 65% the maximum PFFCU Home Equity Loan amount is $200,000. Home Equity Line of Credit must be secured by a member’s primary residence for loan amount up to $600,000 with 80% LTV.
3. Advertised APRs do not reflect all possible rates. Your rate will depend upon your Loan-To-Value ratio (LTV), the term of the loan, the loan amount, and credit score.
4. To compute the monthly payment for a specific borrowed amount, multiply the “per $1,000 payment factor” by the number of thousand dollars borrowed. For example, if you borrow $30,000, multiply 30 by the figure specified next to the specific loan product.
5. The Annual Percentage Rate (APR) you will receive will depend upon loan amount, Loan-to-Value (LTV), and credit score. The stated rates for loans up to 65% reflect a 0.25% discount with automatic payment from an active PFFCU Checking Account (S0004) or Savings Account (S0001) or distribution from a payroll check automatically deposited with PFFCU and are SUBJECT TO CHANGE WITHOUT NOTICE. Automatic payment required for investment property loans.
6. Home Equity Line of Credit rate reflects 0.25% discount with automatic payment from an active PFFCU Checking Account (S0004) or Savings Account (S0001) or distribution from a payroll check automatically deposited with PFFCU, will vary with the Market based on the Prime Rate, may adjust monthly, and is SUBJECT TO CHANGE WITHOUT NOTICE. The maximum Annual Percentage Rate that we may impose will not exceed that permitted to be charged by a federally chartered credit union, which at the time of this disclosure is 18.00%. The minimum APR that can apply during the term of this Line of Credit is 2.99%. The current Prime Rate is 7.50%, as of January 17, 2025. Your ANNUAL PERCENTAGE RATE thus equals the Prime Rate of 7.50% minus 0.75% with an APR of 6.75%. Home Equity Line of Credit must be secured by a member’s primary residence for loan amounts up to $600,000 with 80% LTV. Members are responsible for all home equity lines of credit taxes in Florida, including, but not limited to the Documentary Stamp Tax.
7. $150 is charged if you choose an appraisal upgrade. Members are responsible for all mortgage taxes in Florida, including, but not limited to the Documentary Stamp Tax.
8. Reflects a 0.25% discount with automatic payment from an active PFFCU Checking Account (S0004) or Savings Account (S0001) or distribution from a payroll check automatically deposited with PFFCU, will vary with the Market based on the Prime Rate, may adjust monthly, and is SUBJECT TO CHANGE WITHOUT NOTICE. The minimum Annual Percentage Rate that can apply is 2.99%.
9. Loan decisions are contingent upon receipt of all required application information.
10. Home Equity Line of Credit rate reflects 0.25% discount with automatic payment from an active PFFCU Checking Account (S0004) or Savings Account (S0001) or distribution from a payroll check automatically deposited with PFFCU, will vary with the Market based on the Prime Rate, may adjust monthly, and is SUBJECT TO CHANGE WITHOUT NOTICE. The maximum Annual Percentage Rate that we may impose will not exceed that permitted to be charged by a federally chartered credit union, which at the time of this disclosure is 18.00%. The minimum APR that can apply during the term of this Line of Credit is 2.99%. The current Prime Rate is 7.50%, as of January 17, 2025. Your ANNUAL PERCENTAGE RATE thus equals the Prime Rate of 7.50% minus 0.75% with an APR of 6.75%. Home Equity Line of Credit must be secured by a member’s primary residence for loan amounts up to $600,000 with 80% LTV. Members are responsible for all home equity lines of credit taxes in Florida, including, but not limited to the Documentary Stamp Tax.