Whether you are buying for the first time or refinancing a current home, we've got the right loan for you. Don't forget that in most cases, interest paid on Apple home loans is tax deductible. There are no points. There is no prepayment penalty if you choose to payoff your loan early. All mortgage loans are on primary residences only.

Find out how to earn a cash rebate when you buy or sell a home!

Apple FCU Mortgage Center

Faster. Easier. More Convenient. Apple's Mortgage Center is a home loan resource that helps take the guesswork out of the home loan process.

• KNOW what to expect throughout the application process by walking through it step-by-step
• COMPARE Apple's mortgage options and rates to find the best fit for your budget
• GET a personalized rate quote
• USE Apple's resources to more fully understand your home buying/refinancing options
• APPLY for an Apple home loan online!

Stop Renting and Achieve the American Dream
One of the fastest ways to save money is purchasing a place of your own. The benefits are numerous, and can help to create long-term savings in your monthly expenses. For more information on how you can save by purchasing a home, click here.

CU Realty Rebate Program
Are you looking to buy or sell a home? Apple Federal Credit Union is now able to help you through our CU Realty Program.

• Access the same real estate listing services all realtors use, including pictures and addresses.
• Contact realtors to buy or sell your home.
• Obtain comparable sales, school and neighborhood data.
• Most importantly, receive a CASH REBATE- 20% of your agent's commission! To qualify for the rebate, you must register for CU Realty and use a CU Realty approved agent.

Take a look at these average savings Home Sale Price Rebate to Member $200,000 $1,200 $400,000 $2,400 $600,000 $3,600 $800,000 $4,800 *Rebates are awarded to buyers and sellers registered in the CU Realty program before they begin their home search or sale and who use a Realtor from the Approved Agent network. Examples of rebate amounts shown here are based on 3% commission rate; your agent's commission rate may differ.

Enrolling in the CU Realty Home Rebate program is fast, simple and free:

• Click here to connect directly to the CU Realty registration, Realtors and home search database.
• Or, call or email our in-house CU Realty Representative at 703-679-1284 (aleicher@applefcu.org) to help you register and get started toward your rebate savings.

Fixed Rate Mortgage
Fixed rate mortgages are non-government mortgages which must meet the lending guidelines of Freddie Mac. These loans provide the opportunity to purchase real property or refinance your current property while taking advantage of our low rates.

• Borrow from $50,000 to $417,000*, Jumbo mortgages up to $1,000,000 are also available
• 10, 15, 20, 30 & 40 year repayment terms available

Adjustable Rate Mortgage
Adjustable rate mortgages are non-government mortgages which must meet the underwriting guidelines of Apple FCU. These loans provide the opportunity to purchase real property or refinance your current property while taking advantage of our low rates.

• Borrow from $50,000 to $417,000*, Jumbo mortgages up to $1,000,000 are also available
• 1/1 ARM, 3/1 ARM, 5/1 ARM, and 7/1 ARM with 30 year repayment terms available

Interest Only 3/1 or 5/1 Adjustable Rate Mortgage
Apple has Interest Only 3/1 and 5/1 adjustable rate mortgages available. Interest Only mortgages must meet the underwriting guidelines of Apple FCU. These loans provide the opportunity to purchase real property or refinance your current property while taking advantage of our low rates and an initial period of 3 or 5 years where only interest will be charged to the borrower.

• Borrow from $50,000 to $417,000*, Jumbo mortgages up to $1,000,000 are also available
• 3/1 or 5/1 ARMs, Interest Only charged for the first 3 or 5 years on a 30 year schedule. After 3 years with the 3/1 Interest Only ARM, the loan becomes adjustable and the loan is amortized over the remaining 27-year term. After 5 years with the 5/1 Interest Only ARM, the loan becomes adjustable and the loan is amortized over the remaining 25-year term.

To receive additional information on Apple's Reverse Mortgage product, click here.

* Conformin

Reverse Mortgages
Reverse Mortgages are a special type of home loan that lets homeowners convert a portion of the equity that has been building year-over-year into cash. Unlike a traditional home equity loan or second mortgage, Reverse Mortgages do not require repayment until the borrower sells the home, or is no longer using it as their principle residence. For an idea of how much you could receive, click here to use Apple's Reverse Mortgage Calculator.

g loan limits may vary depending on property location.
† Propery values are based on the lesser of the current appraisal value or the current tax assessment. Independent appraisals are not accepted.