Premier Financial Credit Union ATMs

The ATMs at all Premier Financial Credit Union locations are currently unavailable. We apologize for any inconvenience this may cause you. 

Welcome to the new look of Premier Financial Credit Union's website as of Wednesday, March 12, 2025.  Desktop users will now find the online banking login box on the upper right hand side of the website.

Home Mortgage Loans

From buying your first home to building your dream home. We understand the variety of mortgage options you have to choose from when deciding what is best for you. Our knowledgeable team will be with you each step of the way, from application to closing.

Mortgage Options

Premier Financial Credit Union offers a wide variety of mortgage options. 

Types of Mortgages

  • Adjustable Rate Mortgage (ARM)
  • Balloon Loan
  • Construction Loan
  • Fixed Rate Mortgage
  • Home Equity Line of Credit

Types of Properties

  • Primary Residence
  • 2nd Home/Vacation
  • Investment Property
  • Vacant Land
  • Mobile Home

How to Apply for a mortgage Loan 

Schedule Appointment 

New Holstein Office: 2017 Main Street | New Holstein, WI 53061 
Kiel Office: 530 Fremont Street | Kiel, WI 53042 
Chilton Office: 50 E. Chestnut Street | Chilton, WI 53014 

Call

920.898.4232 or 1.877.891.4232 (Toll Free) 

Contact Us Email Form 

Complete the Contact Us form to have a Mortgage Lender contact you.  

Home Loan Details

Premier Financial Credit Union Offers:

  • Competitive interest rates
  • Convenient and flexible terms
  • Minimum down payment options
  • No prepayment penalties
  • Simple, easy prequalification
  • Dependable, loan servicing
  • Payments to meet your budget
  • Credit & Disability Insurance available

man labeling a box being held in place by a woman next to another stack of boxes

Prequalification

Find out ahead of time if you qualify for a mortgage loan, the amount you qualify for, the monthly payment you can afford, and which type of loan best serves your needs. Having a prequalification amount increases your negotiating power with the realtor, seller and saves you time and money by looking for a house you can afford. You will know the loan requirements ahead of time and thus put yourself in a better bargaining position.

Closing Costs

Closing costs are all the fees associated with getting a mortgage. Premier Financial Credit Union attempts to make your closing cost as low as possible. In some cases, this includes origination fee, discount points, appraisal fee, title search, insurance, recording fees, credit reports and possible other cost.  

Home Loan Application

A checklist of documents we may ask for at the time of application include:

  • W-2 forms from the previous two years, if you collect a paycheck.
  • Profit and loss statement or 1099 forms, if you own a business.
  • Recent paycheck stub
  • Most recent federal tax return, and possibly the last two tax returns.
  • List of assets, bank statements, mutual fund statements, brokerage statements and records of other investments.

Mortgage Rates

Premier Financial Credit Union offers a variety of mortgage products to meet your needs.  

Adjustable-Rate Mortgage | Owner Occupied & Second Home

Comparison table of Adjustable-Rate Mortgage | Owner Occupied & Second Home
Mortgage Type Term Interest Rate APR* Monthly Payment Example+
First Mortgage 61/24 Mo 5.750% 5.797% $583.68
Second Mortgage 61/24 Mo 5.750% 6.555% $83.05

Fixed Rate Mortgage

Comparison table of Fixed Rate Mortgage
Term Interest Rate APR* Monthly Payment Example+
7 Year (84 Mo) 5.250% 5.551% $712.51
10 Year (120 Mo) 5.500% 5.718% $542.60

Mobile Home Balloon *** •

Comparison table of Mobile Home Balloon *** •
Term APR*+ Monthly Payment Example**
61 Month 7.75% $19.89

Construction Loan 

Contact a Mortgage Lender for more details.  

 

Home Equity Line of Credit (REAP®)

Comparison table of Home Equity Line of Credit (REAP®)
Rate Type APR*
Variable Rate 7.50%
Fixed Rate 7.25%

Real Estate Balloon Non-Owner Occupied & Vacant Land

Comparison table of Real Estate Balloon Non-Owner Occupied & Vacant Land
Mortgage Type Term Interest Rate APR* Monthly Payment Example+
First Mortgage 24 MO 6.000% 6.272% $716.49
First Mortgage 36 MO 6.250% 6.439% $730.99
First Mortgage 60 MO 6.500% 6.624% $745.63
Second Mortgage (First Mortgage at PFCU) 24 MO 6.000% 8.848% $84.39
Second Mortgage (First Mortgage at PFCU) 36 MO 6.250% 8.255% $85.75
Second Mortgage (First Mortgage at PFCU) 60 MO 6.500% 7.846% $87.12
Second Mortgage 24 MO 7.000% 9.867% $89.89
Second Mortgage 36 MO 7.250% 9.275% $91.29
Second Mortgage 60 MO 7.500% 8.866% $92.71

Long Term Fixed Mortgage | Saleable Loans

Contact a Mortgage Lender for more details.  

Home Affordability Calculator

Mortgage Loan Officers

Premier Financial Credit Union National Mortgage Licensing System & Registry

Credit Union NMLSR ID# 705211

Rebecca Ballmann
Rebecca Ballmann Member Relations Loan Officer
New Holstein Office | 920.898.4232
NMLSR ID: 1274375 Schedule Appointment
Sara Cardinal
Sara Cardinal Vice President of Lending
NMLSR ID: 526136
Brad  Grant
Brad Grant President & CEO
NMLSR ID: 1532541
Jason Mueller
Jason Mueller Member Specialist Business Lender
New Holstein Office | 920.898.4232
NMLSR ID: 2520829 Schedule Appointment
Travis Petrie
Travis Petrie Assistant Branch Manager
Kiel Office | 920.898.4232
NMLSR ID: 2520832 Schedule Appointment
Christofer Schultz
Christofer Schultz Vice President of Commercial Lending
New Holstein Office | 920.898.4232
NMLSR ID: 1507301
Catie Torres
Catie Torres Branch Manager
Chilton Office | 920.898.4232
NMLSR ID: 2520830 Schedule Appointment

Consumers can access mortgage loan originator information at the Consumer Access website: www.nmlsconsumeraccess.org

Common Mortgage Terms

Annual Percentage Rate (APR)

A standardized method of calculating the cost of a mortgage, stated as a yearly rate, which includes items such as interest, mortgage insurance and certain points or credit cost. Because it includes these other items, it is higher than the interest rate a lender will quote.

Appraisal

A written report done by a qualified appraiser estimating the value of the property.

Adjustable Rate Mortgage

With an adjustable-rate mortgage, the initial interest rate is fixed for a period of time, after a certain period of time, the rate will adjust based on the terms of your agreement. 

Balloon Mortgage

A mortgage that is not fully amortized over the term of the loan; leaving a balance due at maturity. Balloon mortgages have shorter terms usually five years.

Closing Costs

Expenses incurred by a borrower when purchasing or refinancing a mortgage.

Collateral

Property pledged as security for payment of the loan.

Down Payment

The initial amount of money the buyer pays in cash and does not finance with a mortgage.

Escrow

An account that is used to hold money for property taxes and insurance until payment is due.  Money is added to the account every time a mortgage payment is made.

Fixed Rate Mortgage

A mortgage with an interest rate that will remain the same for the life of the loan. Most often 15 or 30 years.

Homeowners Insurance

An insurance policy that covers loss or damage to the property.

Principal

The amount of debt, excluding interest left on a loan.

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