Expect more from your mortgage lender:
- Competitive rates and closing costs.
- Easy online pre-approval.
- Local servicing for the life of the loan.
- Appointments at any Purdue Federal branch.
- Financing available in most states.
- More than 30 years of mortgage lending experience.
Click here for a list of our employees registered through the Nationwide Mortgage Licensing System (NMLS) as of Jan. 2015.
Conventional Fixed-Rate Mortgages
A fixed-rate loan amortized over 30, 20, 15 or 10 years. Payments remain fixed through out the life of the loan. Designed for those who desire a fixed payment over the entire term of the loan.
A fixed-rate balloon payment amortized, due payable in 5 years. Allows borrowers to purchase or refinance undeveloped land. Construction of a home on the land is encouraged to occur within 5 years. Available with as little as 10% down.
Only requires 20% down for those looking to increase income through investment property.
*Subject to credit approval. Membership eligibility required.