Lock in your home's value.

Lock in a low-rate Home Equity Line of Credit today with $0 closing costs.1 Introductory rate of 1.99% APR2 for first 12 months, then as low as 4.24% APR3 variable for the life of the loan. Offer valid 3/1/2017 through 4/30/2017.  

The right loan makes the difference. We offer home financing options to give you the flexibility you need to make yourself at home and great rates on a variety of mortgage loans.

  • Conventional
  • FHA
  • Construction
  • USDA Loans
  • VA Loans
  • Unimproved Property (Land) Loans
  • Home Equity Loans

Home Equity financing for when you need it.

If you're looking to add on, remodel, or refinance your home, we offer affordable Home Equity Loans and Lines of Credit to help you get the financing you need.

When it comes to buying your home, you need a partner you can rely on, someone who respects your dream. We're ready to help you take the next step toward becoming a homeowner. Contact our Mortgage experts by email at mortgagelending@penair.org , or by calling 850.505.3200 Ext 8360.


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Nationwide Mortgage Licensing System and Registry

Name NMLS#
Pen Air 413053
Dana Merritt 589549
Diana K. Helton 888248
Kelly Gosselin 589535
Melissa V. Olsen 619021
Mindy Keller 619019
Phillip Paul White, II 285736
Rachel Ragadio Guthrie 1071773
Shaun William Alexander Schiewe 982833
Joshua A. Davis 1139891
Charles Don Rhea Thomas 938537
Brandi Vinson 643395
Jennifer Nicole Kristie 1058128
Cheryl Lynn Timm 589574
Tricia Purdy Wilbourn 589590
Brittany N. Poppell 1289337
Elijah Wilson 1424571


© 2017 Pen Air Federal Credit Union. NMLS# 413053. ¹ Special Offer: Pen Air will pay closing costs on new Home Equity Line of Credit applications only. Loans paid off and closed in less than three years (36 months) from the loan origination date will require reimbursement of all closing costs paid by Pen Air. For loan amounts up to $250,000, closing costs typically range between $150 and $900. The closing costs depend on the location of the property and the amount of the loan. No minimum draw required on loan. Flood insurance may be required. Owner occupancy required.  ² Introductory Rate discount is available for New Home Equity Line of Credit applications. For the first twelve months after the open date, the monthly Periodic Rate for new transactions will be as low as 1.99% APR. 3Beginning on the day following the first twelve months after the open date, the Periodic Rate and the corresponding (APR) for all transactions and balances will be based upon your contracted rate which will be a variable rate based upon The Wall Street Journal Periodic Rate which is 3.75% as of 12/17/16, plus .49%, and will never be more than 18%. Your contract APR will be based on several factors, including your credit history, loan to value ratio, property type, and lien status. A sample HELOC payment based on $100,000 at 4.24% APR for 20 years is $618.70.  Terms and conditions subject to change without notice. Subject to credit approval. Rate may vary based on individual.

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