Powerco's 12 Year Mortgage: Designed Just For You!

Our 12 Year Mortgage that is designed for you now has an even LOWER rate! This product is uniquely designed for homeowners that would like to refinance their mortgage and take advantage of the historically low rates, but are not interested in a longer term loan with high closing costs.

Some advantages of this unique mortgage:

- 12 Year Term
- Fixed Interest Rates now only 3.75% APR
- APR includes $299 closing costs- the lowest we've ever offered!

The term, rate, and low closing costs all make this mortgage unique to Powerco Credit Union. We will also hold this mortgage for its entirety, which ensures it will never be sold to another financial institution.

Accelerate Your Mortgage Payoff 

Our 12 Year Mortgage is specifically designed for homeowners who are anxious to payoff their mortgage, but need a more effective vehicle to do so.

Having the means to accelerate your mortgage payoff becomes even more significant for those who are getting close to retirement. Our mortgage enables these homeowners to payoff more quickly given the shorter term (12 years), low fixed rate (3.75%), and the rock-bottom closing costs ($299), which are the lowest we've ever offered!

And perhaps most importantly, this loan will never be sold to another financial institution, which gives our members the added convenience and peace of mind that goes with every loan Powerco provides.

Apply Now On-line or Call Us To Get Started

Click here to get started! >

For more information, call (614) 416-7588 or toll free at (800) 367-7485 and ask for one of our friendly and helpful loan officers. You may also send us an email at pcu@powercocu.org. We'll be happy to answer any questions you may have, or help you get started if you are interested!

Please note the following:
12 year mortgage interest rate assumes a $100,000 loan amount for qualified buyers with a maximum LTV of 80% Rates effective November 4, 2011 and are subject to change. All interest rate offers are subject to credit worthiness, property values, and other qualifying factors.

$299 in closing costs due at the time of application. Existing Powerco loans: closing cost fee of $1,025 charged for all Powerco mortgage loans refinanced to a lower rate under this program.