- 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
IMPOSTER SCAM ALERT
Please be aware of fraudsters contacting members unexpectedly via a phone call, text or email pretending to be APGFCU fraud detection employees.
If you receive a suspicious unsolicited call, email or text appearing to be from APGFCU and requesting information:
- DO NOT provide any information
- STOP all communication with the suspected imposter
- CONTACT US immediately at our published numbers (410) 272-4000 or (800) 225-2555 to help resolve any additional security risks
First-Time Homebuyer
Buying your first home can be overwhelming — we get it and are here to help.
Our loan options make it easy to get into a home at any stage in life.
Down Payment Options
We offer several payment options to fit your needs.
0% Down Payment Options
- VA Loans - Serving Those Who Serve
We are here to help qualified veterans, reservists, active-duty service members, and their eligible spouses get to closing sooner with a VA loan that includes 100% financing, no down payment, 30-year fixed-rate*, and no monthly mortgage insurance required.
- Rural Housing (USDA)
Qualified members interested in purchasing a primary residence in eligible rural areas can access the USDA Guaranteed Rural Housing loan for 30 years* with a fixed rate, affordable options for up-front costs, 100% financing, and no down payment.
- 80/20 program
Access a first mortgage loan amount for 80% of the purchase price of your home, and a second “piggyback” mortgage for 20% of the purchase price — no down payment required. Plus, get up to 3% of the purchase price in Seller Assistance to help with closing costs.
Low Down Payment Options
- FHA Loan
Expand your homeownership options by accessing a minimum down payment of 3.5% with flexible underwriting and 15- and 30-year term* options.
- Conventional 97% and 95%
Get into your home without breaking the bank! Put just 3% down with our Conventional 97% plan* or 5% down with the 95% program* to move into your home at a 10-, 15-, 20-, or 30-year fixed-rate mortgage.
- HomeReady 97%
Move into the home of your dreams by putting only 3% down and start building equity immediately with APGFCU’s HomeReady 97% program*. Get reduced mortgage insurance rates and qualify for a 10-, 15-, 20-, or 30-year fixed-rate term on residences including 1-unit condominiums.
Down Payment and/or Closing Cost Assistance
We partner with local, state and federal organizations to assist eligible first-time homebuyers with down payment and/or closing cost assistance, and APGFCU even subsidizes its own program to help first-time homebuyers:
- Federal Home Loan Bank (FHLB): Grants of $12,500 to $15,000 require a minimum borrower contribution of $1,000.
- Maryland Mortgage Program (MMP): Multiple low downpayment mortgage programs to choose from, including those with downpayment and closing cost assistance and one program that will pay off student loan balances up to $40,000 (or 15% of the purchase price, whichever is less).
- APGFCU Homeownership Assistance Program (HAP): Grants of $10,000 require a minimum borrower contribution of $1,000.
Get in Touch
Learn more about our mortgage options and how we can help you get into the house of your dreams today.