First Time Homebuyer

Relax, you got this. We'll be with you every step of the way.


We have the loans to make buying your first home easier.

No Down Payment

100% financing programs that require no down payment:

  • 80/20 Program – APGFCU’s hard-to-find 100% financing program with no mortgage insurance requirement.
  • Rural Housing (USDA) – No down payment for the purchase of a primary residence in an eligible rural area.
  • VA – 100% financing for eligible military veterans, active duty personnel, their spouses and eligible surviving spouses. 

Low Down Payment*

Affordable programs with low down payments between 3% and 5%:

Down Payment/Closing Cost Assistance*

APGFCU helps qualified borrowers find the down payment and closing cost assistance they need. Click here to learn more. 

Loans are available only on primary and secondary single-family residences or owner-occupied condominiums located in MD, DE, VA, PA, NJ and FL. Subject to credit approval.

*Down payment and closing cost assistance amount may be due upon sale, refinance, transfer, repayment of the loan, or if the senior mortgage is assumed during the term of the loan. Some programs require repayment with interest and borrowers should become fully informed prior to closing. Not all applicants will qualify. Minimum credit scores may apply. Sales price restrictions and income requirements may apply. Homebuyer education may be required. Owner-occupied properties only. Maximum loan amounts may apply. Membership eligibility and other restrictions apply.