PSEA and AmeriServ Bank® have partnered to offer you exclusive loan programs. Whether you're looking to purchase or refinance your mortgage, need a home equity loan or a personal line of credit, we've got you covered.
AmeriServ is the preferred mortgage and consumer lender for PSEA members, their parents and children, and is proud to be one of only 10 unionized banks in the country, located right here in PA.
This program includes:
- Low interest rates on mortgages. In fact, we're not sure you'll find a lower rate anyplace else!
- For a limited time, no origination fees ($645 savings)
- One FREE rate re-lock opportunity ($400 value)
- The flexibility of a line of credit and a fixed rate loan in the same product
- Minimum APR reduced .5% on the line of credit
- Low introductory rate for the first 9 months
- NO annual fee
- NO processing fee
- NO annual fee
- NO collateral required
- NO deposit account (checking or savings) required
Other PSEA Member Benefit Opportunities related to Mortgage Lending include:
- Discount Mortgage Settlement Services: You may choose to utilize Guardian Transfer as your settlement company for your mortgage. Guardian Transfer is a PSEA endorsed program and provides a waiver of the document preparation fee ($125 value)
- Discount Real Estate Program: If you are buying and/or selling real estate, you may choose to utilize the PSEA Member benefit endorsed Home Edge Cash Back Real Estate program. Eligible cash back amounts range from $400 to $5,000 based on the sale price of the home. You must be enrolled in the program and be represented at closing by an approved agent with a participating real estate firm in order to qualify for the cash back bonus.
PSEA Member Benefits endorsement is limited to AmeriServ’s Residential Mortgages which is referred to as the Mortgage Edge program and Home Equity line of credit and Personal line of credit. PSEA does not represent that its Endorsed Products are right for all members. Each individual must assess the appropriateness of the Endorsed Products for herself or himself. PSEA does not give investment, tax, or legal advice.
Disclaimer of Warranties: PSEA makes no representation or warranties of any kind, either expressed or implied, including but not limited to the advisability of buying or selling a house. Under no circumstances shall PSEA be liable for any consequential, incidental, or indirect damage.