Whether buying or refinancing, you can count on PFCU to be your partner through it all. To help clear some hurdles, PFCU offers a Flat Fee Mortgage Program, which has you covered from origination to appraisal. We’re here to assist you in finding the right mortgage product and loan terms to meet your needs and budget. Our Mortgage Department assists our members from application to servicing your loans, so you can be assured that someone will be there for you every step of the process if you have any questions.


Loan Type Term Rate APR* Action Disclosures
Fixed 10 years 5.750% 5.978% Apply Now
Fixed 15 years 5.875% 6.037% Apply Now
Fixed 20 years 6.375% 6.509% Apply Now
Fixed 30 years 6.875% 6.981% Apply Now
3/1 Year ARM 30 years 6.375% 7.762% Apply Now Consumer Handbook
5/1 Year ARM 30 years 6.625% 7.713% Apply Now Consumer Handbook
7/1 Year ARM 30 years 6.750% 7.682% Apply Now Consumer Handbook
10/1 Year ARM 30 years 6.875% 7.668% Apply Now Consumer Handbook

Our Mortgage Loan Officers:

Theresa Granger

Phone: 973-361-5225 ext 309
NMLS ID#: 2028597

Chat with a Mortgage Loan Officer!

Schedule a free, no obligation consultation with our experienced Mortgage Loan Officers. Our mortgage experts will answer your questions, help assess your financial situation, and can recommend the best mortgage program for your situation.

Making Your Dream Home a Reality

Picatinny’s Flat Fee Mortgage Program

We want to help make every Picatinny member’s dream home a reality. We’re aware that for many people, expensive closing costs, or the fees for the services and expenses required to finalize a mortgage, may prevent them from taking the next step towards becoming a homeowner. We’re proud to remove some of the barriers on the road to homeownership by offering Picatinny’s Flat Fee Mortgage Program for new home purchases and refinances. Our program offers PFCU members a flat fee of $799, which includes:

  • Application Fee
  • Appraisal Fee
  • Mortgage Recording Fee
  • Credit Report
  • Flood Certification
  • Tax Service

100% First Mortgage Program

At PFCU, we offer 100% financing for home loans. Finance the entire purchase price of a home with no down payment required.1

  • Purchase transactions for 1 unit properties
  • Primary Residence
  • Minimum 720 representative score
  • Maximum 43% DTI
  • Private Mortgage Insurance required


We have partnered with HomeAdvantage® to offer our members an exclusive realtor network program. You now have access to online tools to search for homes, research neighborhoods, and find a local, expert real estate agent from the network of over 850 real estate agents nationwide. When you work with an agent in the HomeAdvantage® network, you earn Cash Rewards** when you close. On average, members earn $1,900 in Cash Rewards. Buy and sell and you’ll receive two Cash Rewards!


Search for Homes

See which homes are for sale and which have recently sold. Save your favorite searches and get email alerts when new information is available.

Find the Right Agent

We've hand-picked professional real estate agents from the top, local brokerages to be a part of our exclusive agent network. Choose one online yourself or contact our Mortgage Team to help connect you with a top agent that is best for you.

Calculate your Savings

 Use one of the agents in our network to buy or sell your home and earn potentially thousands in Cash Rewards when you close. Calculate your savings. If you are looking to sell your home, buy a home, or both, get rewarded for it!

Mortgage Resources

  • Understanding Credit
    One of the first steps in your homebuying process is understanding the importance of credit scores and the various factors that impact them. It is crucial to have a clear understanding of your credit score, from the types of credit accounts to your payment history, we are here to support and guide our members every step of the way.
  • Mortgage Process: Do's and Don’ts
    Purchasing a home is a significant investment, and obtaining a mortgage loan can be an overwhelming process. To make this process easier and more efficient, it is important to have a thought-out plan. Being aware of these do’s and don’ts can help you ensure a smoother process and quicker closing.
  • Who’s Who in the Mortgage Process
    Our team is dedicated to providing support and guidance throughout your mortgage process. It is important to learn about the key players involved in your homebuying journey, to ensure that everyone is working together to achieve your goals.
  • Terms You Should Know
    Familiarizing yourself with these terms will help you navigate through the homebuying process with confidence and ease.
  • New Homeowner Checklist
    Congratulations on your new home! However, the work is not over yet. This checklist will help you smoothly transition into your new home.

Useful Tools

  • Check Mortgage Rates
    Our loan rates are extremely competitive. We offer terms for fixed and adjustable rate mortgages (ARMs), and we’ll help you find the best loan product to meet your needs.
  • Mortgage Loan Calculators
    Find out how a new home fits into your budget with our mortgage loan calculators. Calculate your monthly payments quickly and conveniently with our easy to use tools.
  • Popular FAQs
    Have a question about a mortgage product? It’s likely that it has already been asked. Check out our Frequently Asked Questions to find the answers to some of our most popular mortgage questions. Can’t find what you’re looking for? Give us a call, send us an email or stop by one of our branch locations.

Our team of Member Experience Professionals are committed and trained to help you every step of the way-- from the start of the application to closing-- and they will work with you to select the mortgage option that is best suited for your current financial circumstance.

Please Note: Before you apply, be sure to unfreeze your credit history to ensure a faster and smoother application process.

Requesting a Mortgage Loan Payoff

Members inquiring about a mortgage loan payoff should get in contact with PFCU’s mortgage department via fax or email. Members should allow a 24-48 hour response time.

Fax: 973-920-2136



*APR= Annual Percentage Rate. +The Flat Fee Mortgage Program is available to borrowers purchasing or refinancing 1-4 family owner-occupied properties located in NJ, PA, DE, MD, DC, VA, NC, SC, GA, FL and is subject to change at any time. The $799 Flat Fee is non-refundable and payable upon return of the signed Initial Disclosure Package. Refinance and new purchase applicants will be responsible for interim interest, funding an escrow account for property taxes and insurance, and all title insurance costs and attorney fees. Home purchase applicants will also be responsible for survey costs, home inspection costs, and all settlement items between the applicant as buyer and seller for the purchase of applicant’s home. Maximum loan amount of $766,550 and the minimum loan amount is $50,000. LTVs up to 95%, conditions apply. Cash out refinances may be subject to different terms and/or restrictions. All applicants with a loan to value over 80% require Private Mortgage Insurance (PMI), which is funded by the applicant. Any member that has financed their mortgage with PFCU in the last twenty-four (24) months is not eligible for this program. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates, fees, and terms are subject to change at any time. To qualify for membership, you must open a savings account with a minimum deposit of $5.

*Please Note: Before you apply, be sure to unfreeze your credit history to ensure a faster and smoother application process.

**HomeAdvantage® is available to you through your credit union membership. Cash Rewards are available to members who register to use HomeAdvantage® and who use a real estate agent in the HomeAdvantage® network to buy or sell their home. Using the credit union for a mortgage is not a requirement to earn Cash Rewards. Cash Rewards amounts are dependent on the commissions paid to the agent. The credit union may have specific rules on how Cash Rewards will be paid. Cash Rewards are void where prohibited by law or the lender. Please consult with your credit union for details that may affect you.

Become a Member Today

We are a not-for-profit, full-service financial institution open to anyone who lives, works, worships or goes to school in Morris, Essex, Somerset and Union Counties. We are proud to offer all the benefits, products, technology, security and convenience of a big bank -- without the big bank headaches, bureaucracy or hidden fees. Join us today!