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Mortgage Loans

Loan Application

Whether your plan involves buying a new home or just refinancing, let our mortgage loan specialist customize a mortgage solution just for you.

  • Highly Competitive Rates
  • Streamlined Application Process and Closings
  • Bi-weekly Payment Option
  • Purchases or Refinances
  • 3 1/2% Down Payment Option
  • Conventional, FHA and Jumbo Mortgages (2.1 million)

Let our lending specialists create a customized mortgage solution that suits your grand plan.

Mortgage Application Information

Planites Credit Union can only do mortgage pre-qualifications for current members. If you are not currently a member of the credit union but are eligible, you may join in person at the credit union, or on line at

Apply for a mortgage online or call us at 312-653-6371 for details.

Save with our Bi-weekly Payment Option (APR For Illustration Purposes Only)

DetailsBi-Weekly PaymentsMonthly Payments
Mortgage Amount$200,000 $200,000
Interest Rate4.25%4.25%
Payment$491.94 bi-weekly debit**$983.88 monthly
Years to Repay25.6 years30 years
Total Interest$128,268.72$154,196.69
Interest Savings$25,927.97-

*Based on standard amortization, individual results may vary. We assume that no prepayments were made prior to the start of your bi-weekly payments. The interest rate comparison assumes that you refinance your outstanding mortgage balance with a new mortgage that has a term the same length as your original mortgage. In the case presented, this is $200,000 for 30 years. No closing costs are taken into consideration, which could add to the cost of refinancing.
*Rates and Terms are subject to change.