Our home loans help you make memories
Flexible terms
Choose from various terms up to 30 years.
Two options
Fixed-Rate Mortgages and Adjustable-Rate Mortgages (ARM) available.1
Holding down costs
You'll pay no points, and no closing costs on fixed-rate loans up to $30,000 for 10 years or less.
Low down payments
You can secure a Point Breeze Credit Union mortgage with a down payment as low as 3%.2
Interest-bearing feature
Your escrow account will earn interest at a competitive rate.
We put out the welcome mat for you
Buying a home is a milestone moment, and we love being part of that with our members. When you're looking for the mortgage that fits your budget and lifestyle, work with the friendly professionals at Point Breeze Credit Union. Our mortgage lenders take time to understand what you want to accomplish and then pair you with the right home loan.
Fixed-Rate Mortgages
- Budget with certainty due to a steady interest rate and predictable monthly principal/interest payments
- Jumbo mortgage option available
- Ideal if you plan to stay in your house for many years
Adjustable-Rate Mortgages
- You can save money at the start of your loan with an initial interest rate that's lower than a fixed-rate home loan
- After the initial time period, the interest rate can adjust based on market conditions
- A good option if you plan to move before the end of the initial rate period
- Also a good solution if you expect your income to rise in coming years or you think interest rates will fall in the near future
Point Breeze Credit Union is a full-service financial institution with locations throughout Maryland.
Mortgage Rates
| Product | Base Rate | APR as low as* | Points | Monthly Payment (per $100,000)** |
|---|---|---|---|---|
| 5 Year Fixed | 5.125% | 5.412% | None | $1,892.78 |
| 10 Year Fixed | 5.250% | 5.457% | None | $1,072.95 |
| 15 Year Fixed | 5.375% | 5.521% | None | $810.55 |
| 20 Year Fixed | 5.750% | 5.867% | None | $702.21 |
| 30 Year Fixed | 6.375% | 6.466% | None | $624.68 |
| 5/1 Adjustable Rate | 5.125% | 6.572% | None | -- |
| 7/1 Adjustable Rate | 5.250% | 6.879% | None | -- |
Credit qualifications and approval are required. Rates, terms, and conditions are subject to change without notice. Rates shown are the lowest rates available for loans up to $766,500. Jumbo mortgages are also available. Actual rate may vary based on the term, loan amount, your credit history, or other factors. Adjustable Rate Mortgage (ARM) rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/1 ARM, 7 years for a 7/1 ARM). Minimum down payment of 3-10% is required. Speak with a representative about closing costs.
*Annual Percentage Rate (APR) is calculated using typical fees and terms, and 30 days to your first payment. Your fees and APR may be different.
**Payment examples are based on a $100,000 loan with 80% loan-to-value and do not include taxes, insurance, or other escrows, if applicable. Your actual payment will be greater when these are applied.
1Properties must be located in Maryland, Pennsylvania or Delaware.
2Minimum credit score is 620, maximum debt-to-income ratio is 45% and maximum loan amount is $647,200 to qualify for 3% down payment.