The University encourages Princeton area banks to provide a full range of banking services to our faculty, staff and students, including mortgage products and other services. The financial institutions listed below have indicated their commitment to providing an array of mortgage products, some with special terms for University-affiliated individuals, as well as superior, local customer service.
| Institution | Mortgages (New Purchase, Refinance, Fixed Rate, Adjustable) | Interest Rate Discounts | Closing Cost Discounts | Dedicated Local Account Representative |
|---|---|---|---|---|
|
PNC Bank |
Y | Y |
Mary Betz |
|
|
Princeton Federal Credit Union (PFCU) |
Y |
Amy Koutras |
||
|
Santander Bank |
Y | Y |
Richard Zeller |
|
|
Wells Fargo |
Y | Y |
Shane Vergari |
External Lending Options and the Tenancy-In-Common Program
Participation in the Tenancy-In-Common (TIC) program may limit your options for obtaining non-University mortgage-secured loans on your property, such as home equity loans or lines or refinancing of the your mortgage. The financial institutions below have products and services in place which may be available to be used in conjunction with a TIC arrangement. Please contact them directly to discuss your options.
| Institution | Traditional Refinancing | Home Equity Loans and/or Credit Lines | Dedicated Local Account Representative |
|---|---|---|---|
|
PNC Bank |
Y | Y |
Mary Betz |
|
Princeton Federal Credit Union (PFCU) |
Y | Y |
Amy Koutras |
Important Note: Non-Endorsement
The above lists are solely provided as a resource: the University does not endorse any specific lender or product. We encourage you to contact these lenders directly, as well as others of your own choosing, so that you may compare product offerings and evaluate the options that best suit your needs.