Home Loans
Home Loans
Home financing, made simple.
Whether it’s your first place or your next step, Peake has all of your home financing covered.
Peake Home Financing Home Financing, Made Simple
Whether it’s your first place or your next step, you’ll get:
- Competitive rates and flexible terms
- Local decisions and personalized guidance
- Options for primary homes, vacation homes, and investment properties
Mortgages Find the Right Fit
Buying, refinancing, or planning what’s next—we’ll help you get there with confidence.
Get Pre-Approved Start Strong with Pre-Approval
Know your budget before you shop and move like a cash buyer when you find the right home.
Refinance Calculator Refinance & Reset
Lower your rate, adjust your term, or tap into your home’s equity—whatever your next step looks like.
Get Ready to Apply What You’ll Need
Here When You Need Us
Questions? Our local lending team is ready to help you every step of the way.
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Recent pay stubs
Used to verify your current income and confirm you have a steady source of earnings before closing.
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Bank statements and asset Info
A snapshot of your accounts helps confirm you have the funds needed for a down payment, closing costs, and reserves.
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Last two years of tax returns
Tax returns give us a fuller picture of your income history.
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We’ll guide you through the rest.
Our team is ready to help every step of the way.
Mortgages Footnote
* Available for properties in the states of Maryland, Delaware, and Pennsylvania.
Home Equity Put Your Home to Work
Turn your home’s equity into something more—without the extra cost.
More Possibility, Built In
Your home isn’t just where you live—it’s a tool to help you move forward. Use your equity to:
- Upgrade or renovate your space
- Consolidate higher-interest debt
- Cover education or major expenses
- Handle the unexpected with confidence
Two Ways to Tap Your Equity
Home Equity Calculator See What You Can Do
Curious how much equity you can tap? Get a quick estimate.
Built to Keep You Moving
- Borrow based on your home’s equity
- Competitive rates and flexible terms
- Local decisions and personalized guidance
Home Equity Rates
Home Equity Loans
| Term | APR * | Est. Payment * per $1,000 |
|---|---|---|
| 60 months | 5.75% | $19.22 |
| 120 months | 6.00% | $11.10 |
| 180 months | 6.25% | $8.57 |
Home Equity Line of Credit
Introductory rate special of 3.50% APR* for the first year.
Variable rate after the introductory period.
Contact a Mortgage Officer to find the loan that is right for you.
Home Cash Loan
| Term | APR * | Est. Payment * per $1,000 |
|---|---|---|
| 60 months | 9.00% | $20.76 |
Residential Investment Property Home Equity Loan
| Term | APR * | Est. Payment * per $1,000 |
|---|---|---|
| 180 months | 6.75% | $8.85 |
Home Equity Footnotes & Disclosures
Available for properties in Maryland, Delaware, and Pennsylvania.
Loans are subject to membership and credit approval. Maximum loans and purchase prices may vary for multi-family homes or in different geographical areas.
* APR = Annual Percentage Rate. Your rate may vary based on loan type, creditworthiness, loan term, loan-to-value, and other factors. Adjustable-rate loans may increase after the initial fixed period. Published rates are subject to change without notice. Private Mortgage Insurance (PMI) may be required based on loan type and loan-to-value.
** For home equity loans and lines of credit, closing costs may be paid by Peake Federal Credit Union. If the loan is paid off within 24 months of origination, closing costs must be reimbursed by the borrower. Additional terms and conditions may apply.
Mortgage and home equity financing is limited to properties located in Maryland, Delaware, and Pennsylvania. Membership is required. Borrowers must be eligible for membership and maintain a Peake Savings account with a minimum $5 deposit.
NMLS #569755
Simple Start. Real Support.
Apply in minutes—and we’ll guide you the rest of the way.