Premier Rate Advantage

For a limited time, get up to a .75% rate reduction on any new conventional loan.*

At PMCU, we’re making homeownership more affordable.

With Premier Rate Advantage, you get a lower rate, which means a lower monthly payment — and more breathing room in your budget.

You must first complete all of the following requirements in order to receive the rate reduction:

• Open a PMCU checking account
• Enroll in automated monthly mortgage payments from your PMCU account
• Set up a recurring direct deposit(s) and/or other ACH electronic funds transfer(s) into your PMCU account

Premier Members Credit Union will offer up to a .75% rate reduction below Fannie Mae pricing on all conventional conforming and Jumbo loans with relationship pricing. Offer not available on FHA/VA loans. Offer good on primary residence, 2nd home, or investment property purchases and refinances. Discounts are not available on Home Equity Loans or Lines of Credit. A minimum of 1.00% discount point will be charged to be eligible for up to a .75% rate reduction. Membership and credit qualifications required for approval of the loan. Additional requirements for rate reduction: 1) open PMCU checking account, automated monthly mortgage payment from PMCU account, and recurring direct deposit(s) and/or other ACH electronic funds transfer(s) into your PMCU account are required. Other restrictions may apply. Federally insured by the NCUA. Equal Housing Opportunity. NMLS 416701

PMCU reserves the right to end or change the terms of this offer at any time prior to you accepting the offer, with or without notice.

Open a checking account?
Stop in a branch, call or apply online at www.pmcu.org.

Setting up Automatic Payment?
A PMCU checking account set up with automatic monthly payment deduction is required at time of loan origination and throughout the loan term to be eligible for the rate discount. Checking account must have sufficient funds to cover the mortgage payment amount at time of automatic payment deduction in order to avoid potential overdraft fees and late mortgage payment charges.

What is a Qualifying Direct Deposit?
A qualifying Direct Deposit is a regular periodic payment, such as salary, pension, government payments (for example, Social Security), or other monthly income that occurs as an Automated Clearing House (ACH) or Real-Time Payment network credit from your employer an outside entity.

Wire transfers, ACH credits, and funds transfer initiated using PMCU’s website or mobile app are not considered a Qualifying Direct Deposit.