Mortgage Loans

Buying a home may be the biggest purchase of your life! You can trust APCU to make it easy with first-class service. We also offer refinancing, second mortgages, and home equity lines of credit to help you make the most of home ownership.* Many of our mortgage options are detailed below.

Mortgage Application Center Mortgage Application Center



Whether it's your first home purchase or the first one you've purchased in a while, APCU makes the home-buying process understandable and affordable. We offer a variety of flexible mortgage options at competitive rates to meet your needs:

  • Fixed rate mortgages
  • No pre-payment penalty on any mortgage loan

No Closing Cost Mortgage Program**

At APCU, you have the option to select a loan with no closing costs or take advantage of a lower rate over the life of your mortgage loan with closing costs. Even if you already have a mortgage financed with APCU and would like to refinance and use the equity you have earned in your home, you may qualify for this money saving No Closing Cost Program.

VA Mortgages***

A VA Mortgage Loan is insured by the United States Department of Veteran Affairs. It allows American veterans, individuals currently serving in the U.S. military, reservists, and eligible surviving spouses to purchase or refinance a home with no down-payment required. Some of the other benefits of a VA Mortgage Loan include:

  • Up to 100% financing
  • Fixed rate (payments stay the same through term)
  • No Private Mortgage Insurance (PMI)
  • Low closing costs
  • Competitive interest rates
  • No pre-payment penalties

Mortgage Refinancing

Want to lower your interest rate, change the terms of your loan, or combine two current mortgage loans into one? APCU offers mortgage refinancing (including VA mortgages).

Second Mortgages

You can use your house as collateral for another loan. A second mortgage can be used for a variety of purposes, including debt consolidation, educational expenses, home improvements, and more.

Home Equity Line of Credit (HELOC)

A home equity line of credit allows you to borrow against your home's value with maximum flexibility in terms of receiving funds and how and when to spend your money.

  • Borrow as much as you need from your approved line, when you need it
  • Access funds by writing a check or using your VISA Platinum Credit Card
  • Make payments only on what you borrow


Avoid paying for your next covered plumbing, heating and cooling or electrical repair with a low monthly cost plan from HomeServe. HomeServe is an independent provider of home repair service solutions. For over a decade, they have helped homeowners protect against the expense and inconvenience of water, sewer, electrical, heating, and cooling emergencies by managing affordable coverage, and offering quality service.

Some features include:

  • No bills to pay for covered repairs up to the benefit amount
  • 24/7 hotline with knowledgeable agents
  • Professional, licensed technicians
  • No deductibles
  • One-year guarantee on covered repairs

For more information, please visit or call (833) 824-4611.

HomeAdvantage (search, buy, sell and save)


HomeAdvantage® is an exclusive, free member service that can help you search, buy, sell, and save on your next home. It can also give you helpful tools while providing the expertise you'll need to find and finance your home - all while saving you time and money in the process!

Start your search

Simple, single-point access to information you can trust, including online property listings, recent sales data, demographics, schools, crime statistics and more.

Connect to an experienced agent

When you're ready, we can connect you to an experienced real estate agent in our network of hand-picked professionals.

Earn HomeAdvantage Cash Rewards

When you use one of the agents in our network, you can earn Cash Rewards - an average of over $1,500 in savings!

Click here to learn more about how HomeAdvantage can help you get the home of your dreams.

Get Started

Experience peace of mind knowing your mortgage is financed with people you know and trust. Our mortgage experts are on hand to help you find the mortgage program that works best for you.

Click here to Apply Today!

Check out our low Mortgage Rates.

Contact a Mortgage Loan Officer.

More Information

Not an APCU member yet? Find out if you're eligible to join!

For more information or assistance, visit one of our convenient branch locations or call (800) 849-8431.


* Terms and conditions subject to change without notice.
** Not eligible for non-conforming or non-qualified mortgages. First Mortgage loans must be $50,000 or greater and Second Mortgage Loans and HELOC Loans must be for $20,000 or greater with a minimum $10,000 draw on the HELOC loan in order to qualify for the No Closing Costs Program. At closing, the borrower(s) will receive a credit on their Settlement Statement for upfront fees. APCU will pay the Closing Costs [Origination Charge, Tax Service Fee, Title Services and Lenders Title Insurance, Owners Title Insurance (purchases only), Recording and Transfer Charge and Pest Inspection Fee (purchases only)]. Borrower(s) are responsible for paying the Appraisal Fee (range of fee is $300-$765), Credit Report Fee, and Flood Certification Fee (upfront fees) at the time of application. If the borrower(s) does not close the loan, the borrower(s) will not be refunded the upfront fees. If the borrower(s) refinances their existing APCU First Mortgage Loan, APCU Second Mortgage or APCU HELOC, they must take out an additional $15,000 or more above the current mortgage payoff in order to qualify for the No Closing Cost Program. Property Insurance is required. If the mortgage and/or HELOC loan is paid off and closed within 36 months of the origination date, the borrower must reimburse the credit union for the costs associated with the origination of the loan. APCU’s No Closing Cost Mortgage Program is not available with VA Mortgage Loans.
*** Membership eligibility requirements apply. You must have satisfactory credit, sufficient income, and a valid Certificate of Eligibility (COE) to be eligible for a VA-insured mortgage loan. 100% financing may include an additional funding fee, which may be financed up to the maximum loan amount. VA Mortgage Loans are only available on primary residences.

****Insurance and warranty products are provided through HomeServe and are not owned or guaranteed by APCU. Insurance or warranties may be purchased from an agent or an insurance company of the member's choice. APCU endorses this product, but cannot make any representation as to the services of any particular provider.

This service is not owned by the credit union; and are not obligations of or guaranteed by the Credit Union. To benefit from this service financing with the credit union is not required; and the Credit Union makes no representations as to the services of any provider.
Cash Rewards are awarded through the HomeAdvantage program to buyers and sellers who select and use a real estate agent in the HomeAdvantage network. Home buyers or sellers are not eligible for Cash Rewards if they use an agent outside this network. Cash Rewards amounts are dependent on the commissions paid to the HomeAdvantage network agent. Obtaining a mortgage or use of any specific lending institution is not a requirement to earn Cash Rewards. If you are obtaining a mortgage, your lender may have specific rules on how Cash Rewards can be paid out. Cash Rewards are available in most states; however, are void where prohibited by law or by the lender. Please consult with your lender for details that may affect you.

The rate may vary depending on each individual's credit history and underwriting factors. All credit union loan programs, rates, terms and conditions are subject to change at any time without notice.

Mortgage Loans