APGFCU will never contact you unexpectedly by text, email, or phone to request personal or financial information. We also won’t send representatives to your home to collect debit or credit cards or cash.
If you get a message claiming to be from APGFCU that asks for this information, do not respond. Instead, call us at 800-225-2555 to verify.
To report a suspicious text or email, click here.
All APGFCU offices will be closed on Monday, May 26, for the Memorial Day holiday observance.
Online/Mobile Banking, ABBY Telephone Teller and ATMs will be available during this time.
Regular hours will resume on Tuesday, May 27.
Why compromise on something as important as your home? Our jumbo mortgage loans give you the freedom to purchase the home of your dreams with higher limits, attractive product and pricing options and the service you expect as an APGFCU member.
Fixed and adjustable-rate jumbo mortgage loans up to $2,150,000.
Our world-class loan experts will tailor a loan to meet your needs.
From application to approval, we’re with you every step of the way.
No one knows our neighborhood’s housing market better.
At APGFCU, our jumbo mortgage loans let you borrow more while still offering the security you expect from a regular conforming loan.
A jumbo mortgage loan is a home loan that exceeds the conforming loan amount established by the Federal Housing Finance Agency (FHFA), the agency that oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System.
The maximum conforming loan amount for a single-family property in Harford, Cecil, and Baltimore counties and Baltimore City is currently $806,500.
APGFCU offers fixed and adjustable-rate jumbo mortgage loans up to $2,150,000.
Jumbo mortgage loans typically require a higher credit score and six to 12 months of asset reserves.
15- or 30-year fixed-rate* mortgages, subject to approval.
Get a break on interest with a 5/1 or 7/1 Jumbo ARM.
Work out exactly how much home you can afford.
Lock in the rate you are offered for 60 or 90 days.
Learn what to expect when you take ownership of your home.
Term | Rate | APR | Points | Alert Me |
---|---|---|---|---|
Jumbo 30-Year Fixed | 7.000% | 7.046% | -0.125 | |
Jumbo 15-Year Fixed | 6.250% | 6.378% | 0.250 | |
Jumbo 7/1 ARM | 5.625% | 6.282% | 0.000 | |
Jumbo 5/1 ARM | 5.375% | 6.331% | 0.000 | |
|
Review APGFCU membership requirements.
APGFCU offers jumbo mortgage loans in MD, NJ, PA, DE, VA, NC, SC, FL and the District of Columbia.
Submit a formal application for a jumbo mortgage loan so you can lock in financing for a new home.
A fixed-rate mortgage offers stability, with consistent monthly payments throughout the life of the loan. This predictability can make budgeting easier, as your principal and interest payments won't change over time, regardless of fluctuations in interest rates. It's an ideal choice if you plan to stay in your home long-term.
An adjustable-rate mortgage (ARM) typically starts with a lower interest rate than a fixed-rate mortgage, which can result in lower monthly payments initially. This rate is fixed for a specified period (often 5 or 7 years), after which it adjusts periodically based on market conditions. The initial lower rate can offer several advantages:
However, it's important to note that ARMs also come with risks:
Depending on your financial profile and your unique loan terms, borrowers interested in a jumbo mortgage loan can put down as little as 5%.
APGFCU offers mortgages up to a jumbo loan limit of $2,150,000.
Locking in your rate allows you to secure the original interest rate on your loan, protecting you from higher interest rates during the approval process.
Credit unions are not-for-profit financial co-ops co-owned by their members. That allows us to return more of our earnings directly to you, rather than external investors, in the form of lower loan rates and fewer fees.
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Learn more about our mortgage options and how we can help you get into the house of your dreams today.
Membership eligibility applies. Loans are available only on primary and secondary single-family residences or owner-occupied condominiums located in MD, PA, DE, NJ, VA, NC, SC, and FL. Subject to credit approval.
*Loan payment example: A fixed-rate [80% Loan-to-Value (LTV)] loan of $750,000 for 30 years at 6.625% (6.686% APR) will have a principal and interest monthly payment of $4,802.33. Payments do not include amounts for taxes and insurance premiums and the actual payment obligation will be greater.
1The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $850,000 and an estimated property value of $1,062,500. The property is an existing single-family home and will be used as a primary residence. The rate lock period is 60 days and the assumed credit score is 780.