FHA
Your home. It’s not only a place to create memories, it’s also a vehicle to create wealth over time.
Our FHA loan options promote homeownership by allowing a minimum down payment, with underwriting that is generally more flexible than conventional financing options:
- 3.5% down payment
- Up-front mortgage insurance premiums can be financed into the loan
- 30-year fixed rate and term1
- Generally more flexible credit underwriting than conventional loans
To learn more about FHA loan options, call 888-LOAN-391 (888-562-6391) to receive a call from an APGFCU Mortgage Consultant.
Membership eligibility applies. Loans are available only on primary and secondary single-family residences or owner-occupied condominiums located in MD, D.C., DE, NJ, PA, NC, SC, FL, and VA. All loans are subject to credit approval. Other restrictions may apply.
1Loan payment example: A FHA (96.5% LTV) loan of $305,250 for 30 years at 6.625% rate (7.790% APR) will have a principal, interest, and private mortgage insurance monthly payment of $2,092.05.
Payments do not include amounts for taxes and insurance premiums and the actual payment obligation will be greater.
