Conventional 97% & Conventional 95% Loans

The loans you know with down payments that will surprise you.

 

APGFCU’s Conventional 97% and 95% programs1 offer even more options to help you move into your first house without breaking the bank.

  • 3% down payment (97%) or 5% down payment (95%)
  • 30-, 20-, 15- & 10-year fixed rates2
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.

1Mortgage insurance (MI) and a minimum credit score of 620 are required.

2Loan payment examples: A Conventional 97% (97% LTV) loan of $180,000 for 30 years at 5.380% fixed-rate APR will have a principal, interest and private mortgage insurance payment of $1,058.97.
A Conventional 95% (95% LTV) loan of $180,000 for 30 years at 5.174% fixed-rate APR will have a principal, interest and private mortgage insurance payment of $1,019.97.
Payments do not include amounts for taxes and insurance premiums and the actual payment obligation will be greater.

Ready to get started? APPLY NOW.

To learn more about our Conventional 97% or Conventional 95% loan, including eligibility requirements, call 888-LOAN-391 (888-562-6391) or complete this CONTACT US form to receive a call from an APGFCU Mortgage Consultant.