Mortgages
Explore Your Options Online
ProFed's online mortage application page has a comprehensive set of tools and resources that can give you answers at any time of day.- Check out the latest rates
- Get a personal affordability analysis
- Calculate renting vs. buying
- Calculate a simple payment amount, or generate a detailed schedule
- Get answers to frequently asked questions
- Register with a secure login to start your application
Adjustable Rate Mortgages
These mortgages offer a short-term fixed interest rate. After this term, the rate is subject to change annually. ARMs offer a lower rate alternative to conventional fixed rate mortgages. Apply Now
Balloon Mortgages
This mortgage type offers a low, short-term interest rate with a payment amortized up to 30 years. This product offers the lowest payment for a short-term mortgage need. Apply Now
Escrow Services
Make your mortgage payments hassle-free by letting ProFed escrow your homeowner's insurance premiums and property taxes. Apply Now
Fixed-Rate Mortgages
These conventional loan terms offer the security of a fixed interest rate. The longer term fixed-rate mortgages are ideal for first-time home buyers. Apply Now
Home Equity and Second Mortgages
When it comes to home equity, you have options. Click here to learn more.
FHA and USDA Mortgages
Contact a member of our team for details.
Land purchases
This loan, designed for bare-land purchases, offers reasonable rates with a longer term than a personal loan. Apply Now
Construction Loans
ProFed offers a construction loan with one or two closings.
- With two closings, you can choose from our full line of mortgages and lock your rate when construction is complete.
- With a one-time closing, choose from several mortgage products and lock your rate at the start of the construction. Apply Now
Making Your Payments Easily
ProFed also gives you easy, convenient ways to make your mortgage payments:
- Automatic deductions from your savings (share), checking (draft), or money market account
- Automatic deductions from other institutions through the Automated Clearing House (ACH)
- By touch-tone phone through Touch-Tone Teller
- With Internet access, you can use ProFed Online Banking to make payments from your home computer or mobile device
- Mail your payments or pay in-person at any ProFed branch
Other Hassle-Free Mortgage Features
- Loans serviced in-house
- Personal answers from local staff
- Fixed and adjustable interest rates
- Low closing costs
- Low mortgage insurance premiums
- Speedy pre-approvals
- Escrow property taxes and/or homeowner's insurance
