All APGFCU branch lobbies are open for teller transactions except for the Cecil College branch. Member services by appointment. Click for details.
We will be working to incorporate the new holiday into our calendar for 2022 and beyond to commemorate this important day in our nation’s history.
APGFCU will NEVER contact you to request confidential information such as full SSN, card numbers, PINs, codes or login passwords. If you receive such a request, please contact us directly at our published number.
We get it. Rent payments are rising, student loan debt is growing, and it can be challenging to save for a down payment and closing costs. That's why APGFCU partners with the Federal Home Loan Bank (FHLB) and local housing agencies to offer down payment and closing cost assistance programs to qualified buyers.* Check out some of the programs offered:
Matching funds may be available for the purchase of a primary residence by an eligible first-time homebuyer. A first-time homebuyer is defined as someone who hasn't previously owned a home or hasn't owned a home in the last three years.
The maximum assistance is $5,000. The minimum borrower contribution is $1,000 and the matching subsidy ratio is 4:1. This means that the FHLB will provide $4,000 in assistance for $1,000 contributed by the borrower. A borrower would need to contribute $1,250 in order to receive the maximum assistance of $5,000.
Matching funds may be available for the purchase of a primary residence by current or retired law enforcement officers, educators, firefighters, health care workers, and other first responders.
The maximum assistance is $7,500. The minimum borrower contribution is $1,000 and the matching subsidy ratio is 4:1. This means that the FHLB will provide $4,000 in assistance for $1,000 contributed by the borrower. A borrower would need to contribute $1,875 in order to receive the maximum assistance of $7,500.
Funds may be available for the purchase of a primary residence by a qualifying U.S. military veteran serving in or having served in, an overseas military intervention environment.
The maximum assistance is $10,000 and there is no minimum contribution required from the borrower.
To learn more about down payment and closing cost assistance options, call 888-LOAN-391 (888-562-6391) to receive a call from an APGFCU Mortgage Consultant.
*Down payment and closing cost assistance amount may be due upon sale, refinance, transfer, repayment of the loan, or if the senior mortgage is assumed during the term of the loan. Some programs require repayment with interest and borrowers should become fully informed prior to closing. Not all applicants will qualify. Minimum credit scores may apply. Sales price restrictions and income requirements may apply. Homebuyer education may be required. Owner-occupied properties only. Maximum loan amounts may apply.