Mortgage Loans
Mortgages to Help You Live Your Homeownership Dream
Buying a home may be the biggest purchase of your life! You can trust APCU/Center Parc 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.
Fixed-Rate Mortgages1
Purchase the home you want at a competitive rate that’s fixed for the life of the loan for predictable monthly payments. Our knowledgeable lenders will work with you to customize the loan terms and down payment to suit your precise needs.
- Terms up to 30 years1
- Competitive fixed rates for low monthly payments
- Low closing costs
Adjustable-Rate Mortgages (ARMs)2
ARMs offer a low, fixed interest rate for up to 15 years and then adjust to the market rate for the duration of the repayment period, ensuring lower monthly payments up front that make it easier to realize the dream of homeownership. We even offer options that help you reduce your rate—at no charge—if market rates decline, including float-down options that allow you to lower your rate if market rates decrease.
- Enjoy lower initial rates with lower payments than comparable fixed-rate mortgages
- Get a fixed rate for the first 15 years, the payment will increase after that period
- Rate modifications available anytime for a low flat fee
- Lock in your rate for 60 days
- Low closing costs
- Refinancing options are available
VA Mortgages3
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
The Community Partners Homebuyer Program1,4
We offer access to up to $15,000 in homebuying assistance for current or retired law enforcement officers, educators, health care workers, firefighters, other first responders, veterans, active-duty members of the military and their surviving spouses. Funds can be used toward the down payment and closing costs associated with the purchase of a primary residence. This program requires you to contribute at least $1,000 toward the purchase and complete a homebuyer education and financial literacy program.
Mortgage Refinancing1
Want to lower your interest rate, change the terms of your loan, or combine two current mortgage loans into one? We offer mortgage refinancing (including VA mortgages).
Second Mortgages1
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.
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.
Check out our low Mortgage Rates.
Contact a Mortgage Loan Officer.
Not a 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. APCU/Center Parc is an Equal Housing Opportunity Lender
1Credit union membership eligibility and credit qualifications apply. Based on a $250,000 purchase price with 5% down, no points, monthly payments on a 30-year mortgage based on an interest rate of 6.00% APR, payment amount monthly would be $1,483. Payment example does not include taxes and insurance premium, actual payment obligation may be greater. Rate listed is for a first-lien purchase-money mortgage on owner-occupied single-family detached primary residences only. The rate may vary depending on each individual’s credit history and underwriting factors. Not all applicants will qualify. Programs, rates, terms, and conditions are subject to change without notice. Other restrictions may apply.
2APR- Annual Percentage Rate. Credit union membership eligibility and credit qualifications apply. APR is subject to increase or decrease. The rate may vary depending on each individual’s credit history and underwriting factors. Not all applicants will qualify. Programs, rates, terms and conditions are subject to change without notice. Other restrictions may apply.
3Credit Union membership eligibility and credit qualifications apply. Not all applicants willl qualify The rate may vary depending on each individual’s credit history and underwriting factors. Not all applicants will qualify. Credit Union refers to “APCU”. VA Mortgage Loans are only available on primary residences. 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. The interest on the portion of the loan that exceeds the fair market value of the dwelling is not tax deductible and you should consult your tax advisor. Programs, rates, terms, and conditions are subject to change without notice.
4Subject to availability of funds from Federal Home Loan Bank (FHLB) Atlanta.
