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AFCU & You

Category: Executive Staff

Time to Save on Mortgage Loans

Cynthia Chafe on April 12, 2017 | 0 comments

Spring is the season for new beginnings, new projects, home renovations and home buying! AFCU wants to help our members with all of these things. We are waiving our $299 processing fee on First Mortgage or Home Equity Line of Credit (HELOC) loan applications that are received between April 15, 2017 and July 15, 2017.* You have 3 options available to take advantage of this limited time offer:

Home Equity Line of Credit (HELOC)

  • $299 in processing fees waived
  • Keep your existing low First Mortgage fixed rate loan
  • Borrow from $20,000 to $200,000
  • Use the funds for whatever you like
    (remodeling, tuition, dream vacation, etc.)
  • 10 year draw period
  • 20 year repayment period
    (after draw period ends)
  • No annual fees
  • Personalized service
  • Rates as low as 3.75% APR**

First Mortgage

  • $299 in processing fees waived (standard fee $699)
  • Competitive low rates
  • Check current rates at
    (click on Home Loans link)
  • Low cost to members
  • Personalized service

First Mortgage & HELOC Combo

  • $299 in processing fees waived
  • Single application
  • Pay for only one appraisal
  • Less paperwork
  • Competitive low rates
  • Check current rates at
    (click on Home Loans link)
  • Personalized service

For more information about these loan products, check current loan rates, and to apply online click here. To speak with a knowledgeable mortgage team member, call 310-336-5030, option 7.

*AFCU processing fee of $299.00 is waived on AFCU Home Equity Line of Credit (HELOC) or First Mortgage loan applications received between April 15, 2017 and July 15, 2017. Third party fees still apply. ALL LOANS MUST CLOSE AND FUND BY SEPTEMBER 15, 2017. **Rates expressed as Annual Percentage Rate (APR). Rates current as of April 1, 2017. Offer, Rates and Terms are subject to change without notice. All loan requests are subject to credit approval.

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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.