Why a Home Equity Loan?

1. Cash for home improvements or large expenses
2. Cash out up to 90% of your home’s value
3. Low monthly payments
4. Fixed terms
5. Debt consolidation

What could you do with the extra cash?

Consolidate Debt

Chose the stability of a traditional, fixed rate mortgage, which is one of the most popular for both refinance and purchase mortgages

Free Up Finances

An option for those who are planning on staying in their homes short term or would like to lower their payments


FHA loans offer more flexibility with lower down payment and easy qualification.

Home Improvement

Available to all active duty and veteran military members, PCF is authorized to offer incredible programs not available to the general public.

Home Equity FAQs

1. How do I know the price of the home I can afford?

Price is not the only factor in determining a home’s affordability. Other items include, interest rates, your credit scores, your down payment ability, and if you will qualify with your current monthly obligations. To see what kind of home you can afford, check out our Mortgage Affordability Calculator (link)

2. How long does the process take?

Typical escrows range from 30-60 days. This escrow period is what dictates when your loan will close. PCF can get closed quickly and efficiently and will not have a problem meeting the close of escrow date.

3. How much money do I need to purchase a home?

Typical conventional financing requires a down payment of 10-20%. There are other options available such as FHA programs which require as little as 3.5% down and VA programs (for active and veteran military personnel) which require no money down. There are other fees such as appraisal, closing, credit report, and lender fees which will all be discussed and disclosed early on in the process.