- Locations
- Aberdeen Branch
- APG Branch
- Bel Air — Amyclae Branch
- Bel Air — Home Loan Center, Main St. (No ATM)
- Bel Air — Laurel Bush Branch
- Bel Air — Main St. Branch
- Cecil College Branch
- Chesapeake City Branch
- Edgewood Branch
- Elkton Branch
- Fallston Branch
- Forest Hill Branch
- Havre de Grace Branch
- North East Branch
- Rising Sun Branch
- Riverside Branch
- Branch Appointment Requests
- Notary Services
Phone Scam Alert
Identity thieves are posing as APGFCU to commit fraud. They may call from a spoofed number and ask about possible fraudulent activity on your card, request your PIN, login ID and/or Secure Access Code for Online Banking.
If you receive such a call, DO NOT give out this information, even if the call appears to be from APGFCU. Hang up and call us at our published number. Cick here for more information.
TO PREVENT FRAUD, Do NOT share your secure access code with anyone who calls, even if the call appears to be from APGFCU. APGFCU will never request your code.
Down Payment and Closing Cost Assistance Programs
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:
FHLB Programs
First-Time Homebuyer
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 $10,000, and the homebuyer must contribute at least $1,000.
Community Partners
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, veterans or active-duty members of the U.S. military or their surviving spouse, and essential workers.
The maximum assistance is $15,000, and the homebuyer must contribute at least $1,000.
Additional Information
- FHLB assistance is considered a grant contribution, rather than a loan. While a "silent" second lien is recorded behind the first mortgage loan, no payment is made on the FHLB grant and no interest is accrued.
- Twenty percent of the assistance balance is forgiven each year and after five years, the entire balance is forgiven. If the home is sold within the first five years, the remaining prorated balance of the grant must be repaid if there is equity resulting from the sale.
- Household income must be equal to or less than 80% of The Department of Housing and Urban Development (HUD) Median Income, adjusted for family size. Click here to visit the HUD site to access individual income limit areas.
- In a typical year, funding is allocated in January and is available through the month of July, though depending on availability of funds the program can be extended as late as November in a given year.
To learn more about down payment and closing cost assistance options, call 888-LOAN-391 (888-562-6391) to get in touch with 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.