New members always welcome at PFCU! Our offices are located at 410 2nd Ave, Proctor and 3924 Grand Ave, Duluth.

Home Equity & Mortgages


Home Equity Line of Credit (HELOC)

Are you remodeling, buying a car, or maybe consolidating your credit cards? Come and see us at Proctor Federal Credit Union. We'll help you "borrow smart" with our home equity line of credit. With a home equity line of credit you can use the equity in your home to meet your needs as they arise. Apply once and have access to a line of credit, secured by your home, for whatever you need, whenever you need it.

When you want to access your home equity line of credit, it's as simple as going to E-Express or calling any of our offices and asking them to transfer an advance into your PFCU checking account. With the home equity line of credit the interest you pay may be tax deductible (check with your tax advisor regarding your particular situation.)

Fixed Rate Home Equity

Planning a remodeling project, paying for college or need to access the equity in your home for a special purchase? If you only need to access your equity one time we can fix you up with a fixed rate second mortgage. Keep in mind that the interest you pay on this loan may be tax deductible (check with your tax advisor regarding your particular situation.)

First Mortgage

Buying a New Home, Cabin or just looking to refinance? We offer fixed rate or balloon rate Mortgage loans depending on what program suites your needs.

We Can Offer…

All of the Proctor Federal Credit Union Mortgage Loans are kept in-house, so you never have to worry about where you need to send your monthly payments.