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AFCU & You Blog

AFCU is committed to returning value to our membership. As part of that commitment, we are offering AFCU members the option of “90 Day, No Pay” on any term auto loan for a new or used vehicle. You can benefit from our great, low rates and our loan terms up to 84 months, plus no payments for 90 days when you buy or refinance an auto with us.*

Click here to apply

*Credit and other restrictions apply. First payment may be deferred up to 90 days. Interest continues to accrue during payment period. Deferring your payment may result in you having to pay higher total finance charges. 90-day deferment option does not apply to existing Aerospace Federal Credit Union auto loans. Offer subject to change at any time without notice.

Aerospace Federal Credit Union is waiving the $299 processing fee on Home Equity Line of Credit (HELOC) applications when combined with a First Mortgage purchase or refinance application received by August 31, 2022 and funded by October 31, 2022.*

Combo offer includes:

  •     $299 processing fee waived for HELOC
  •     Complete both loans with one application
  •     Pay for only one appraisal
  •     Less paperwork
  •     Fee waiver available for purchases or refinances
  •     Offer is valid for primary residence only
  •     Competitive low rates
  •     Mortgage lending in ALL 50 United States
  •     Personalized service

HELOC features include:

  •     Borrow from $20k to $200k
  •     Spend funds on whatever you want/need
  •     Enjoy a 10 year draw period
  •     20 year repayment period
  •     No annual fees
  •     APR¹ = 5.25% variable rate
  •     Closing costs: 0.5% — 1.00%, depending on loan amount
  •     Max APR¹ = 6% above initial APR¹ up to max 18%
  •     Property insurance required

Click here to check rates and apply

For questions, please call (800) 795-2325 option 7

*AFCU processing fee waived on AFCU Home Equity Line of Credit (HELOC) applications when combined with an AFCU First Mortgage purchase or refinance application between June 15, 2022 and August 31, 2022. Third party fees still apply. All loans must close and fund by October 31, 2022. Offer, rates and terms subject to change without notice. ¹APR = Annual Percentage Rate

Applications were submitted by many qualified high school seniors for our annual AFCU college scholarship. The top five students were chosen to receive $1,000 each to help further their education. Congratulations and good luck to the following 2022 Satellite Scholarship winners:

Anita M., California
Emily T., California
Evelyn T., California
Faye L., California
Matthew P., Virginia

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The information provided by Aerospace Federal Credit Union is for informational purposes only and does not constitute personal financial, investment, or tax advice. For advice on your particular financial situation, you should consult with your personal financial, investment, and/or tax advisors. The opinions and statements of authors and commenters on this Blog are not the opinions or statements of the Credit Union or the Board of Directors, and the Credit Union takes no responsibility for their content.