The Peninsula Credit Union is a mortgage from Peninsula Credit Union. Approval typically requires a credit score of 5 year balloon: minimum credit score 680; 15 year fixed, 5% down: minimum credit score 660; 15 year fixed, 15% – 25% down: minimum credit score 650; Path to Homeownership – First-Time Buyer: minimum credit score 680 or higher. Typical credit limit: 15 year fixed, 5% down, $250,000 maximum finance amount; Path to Homeownership – First-Time Buyer: $150,000 maximum finance amount. Loan terms: 5 year balloon, 25% down; 15 year fixed, 5% down; 15 year fixed, 15% – 25% down; Path to Homeownership – First-Time Buyer: 15 year fixed, 0% down.