Our talented mortgage team is ready to listen to your needs and find a customized mortgage solution just for you. We are a full-service mortgage provider with the benefit of offering personalized solutions. Before you start looking for a home, get pre-qualified to make the process as seamless as possible.
Buying a house is one of the biggest investments you will ever make. Getting started may seem intimidating, but our first-time homebuyer program can make the dream of homeownership a reality! If you can rent an apartment, you could probably buy a house!
First-time home buyers may qualify for a Conventional loan with as little as 3% down (some Conventional loans allow the down-payment to be a gift from a family member)
Loan amounts less than 80% of the appraised value of the home do not require mortgage insurance
AAFCU offers competitive mortgage insurance rates
We offer both fixed and adjustable rate loans
If you are wanting to refinance or purchase a new home, contact an AAFCU Mortgage Professional to determine which of our many options are best for you
FHA (Federal Housing Administration) loans may not require as much down payment, and may have less restrictive credit, asset and employment requirements
The down payment may be a gift from a family member
FHA mortgages allow the use of down-payment programs to provide extra assistance to homebuyers
FHA loans may allow non-occupying co-signers
VA loans typically have lower interest rates than Conventional loans
We offer VA (Cashout) Refinances and VA (IRRRL) Streamline Refinances
Purchase loans may not require money out-of-pocket (ask about closing cost options)
VA loans are available up to $1 million in some cases. Most loans over conforming limit may require a down-payment
Credit guidelines may be less restrictive than Conventional loans
Any mortgage loan over the conforming limit is considered a Jumbo Loan
Credit guidelines may be a more restrictive than conforming loans
*These programs are not controlled by AAFCU. Program requirements subject to change.