- 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
- Notary Services
Mobile Banking App in Google Play Store is Temporarily Unavailable
The mobile banking app is temporarily unavailable for download in the Google Play Store. Members who have not already downloaded the app may use the browser on their phone (also known as mobile web) to access our online banking. Visit www.apgfcu.com and click “Log In” at the top right corner. We apologize for the inconvenience.
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 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.