Real estate costs are one of the largest elements of most household budgets. As interest rates change, home mortgage check ups can help determine whether refinancing at the current interest rate could save you money.
Mortgage rates are at historic lows, so if you are in the market for one, your timing is perfect. But whether you are financing a new home or refinancing your current one, it’s a major decision and one in which you should proceed with care.
Our Online Mortgage Center gives you the power to research various mortgage products, search for rate quotes, and apply for a loan 24 hours a day, 7 days a week.
You have a busy schedule and we know that it can be challenging to get done everything you need to do during traditional business hours. With our mortgage website you don’t have to worry about the time of day or even the day of the week because we are always open — online.
Your unique user name and password enable you to start and save your application.
The Path To Your New Loan Is Simple
A unique application is created for you based on your answers and personal situation. We explain the different loan types available and what you can expect during the loan process in real-life language.
Our calculators let you try out “what if” scenarios so that you can feel confident you have selected the best loan product for you.
Fixed Rate Mortgages
Your Credit Union has 30 year fixed rate mortgages with a great rate of 3.95%. You may also want to check our 15 year fixed rate mortgage plan that offers a rate of 3.25%.
Many people are discovering that by increasing their payment by 10% to 20% they can get a better rate, cut their repayment period in half, and save thousands of dollars in interest over the traditional 30 year mortgage. The maximum amount on a fixed rate mortgage is $425,000.
Low Closing Costs
Not only does your Credit Union save you money with great mortgage rates, we also save you money with lower closing costs!
The Credit Union charges you for only direct costs associated with the closing of your loan and we do not mark them up. No discount points, buy downs, or other maneuvers that take money right out of your pocket.
Typical closing costs on a mortgage loan at your Credit Union would be half to two-thirds what other lenders will charge. Visit our website to see how APCO Credit Union compares with area banks.
Adjustable Rate Mortgage Loan
The current 30 year ARM rate is 2.75%, lower than our standard fixed rate. Your Credit Union also offers a 5/1 ARM with a fixed rate of 2.45% for the first five years. A 5/1 ARM offers immediate savings with a lower initial interest rate so it may be a good option for a lower cost mortgage alternative.
Homeline Equity Loans
With an APCO Homeline equity loan, you can take the equity you’ve established in your home and turn it into a personal line of credit up to $100,000. Once your loan is closed, you can use money from your established line of credit when you need it… for whatever reason you please.
Visit Us Today
If you’d like to learn more about any of our real estate loans, just call, visit us online, or stop by one of our offices. No obligation. Just your opportunity to make sure your current mortgage makes sense and to see if we can save you money with one of our low cost APCO loans.
*All rates quoted as APR and subject to change.