Mortgages & Home Loans

We are your home loan source.

Whether you are looking for a First Mortgage for the home you are buying, refinancing a mortgage, or accessing your equity through a Home Equity Loan or Closed-End Second Mortgage Loan, contact us first.

Mortgage Loans

We provide the key to owning your own home.

Through our partnership with Credit Union Mortgage Association (CUMA), we can offer members a wide variety of fixed and variable rate mortgage options. Plus, since you will be dealing with an organization established exclusively to help Credit Union members, you may be able to save a considerable amount compared to programs offered by other mortgage companies.

Our mortgage products include:

• Highly competitive rates on First Mortgages and Refinances
• Wide selection of conventional and VA/FHA mortgages (FHA in DC, VA, & MD)
• Adjustable-rate and balloon mortgages (with fixed-rate conversion program)
• Complete assistance from submitting your application to scheduling your loan closing

For details call (301) 856-5000 or 1-800-877-7328, ext. 1389, Arthur Turcotte, or CUMA at (703) 425-1204 or 1-800-231-8855. You can visit CUMA online.

• First Mortgages (CUMA)
• Refinanced Mortgages (CUMA)
• Home Equity Loans
  • Home Equity Line of Credit
  • Second Mortgage Loans (Closed End)
• CU Realty Services

First Mortgages (15-30 years)

If you're looking to purchase your first home, step up to a larger home, or refinance, you can choose from a fixed or adjustable rate mortgage with the affordable repayment term that suits your budget. Our experienced loan representative will help you choose the mortgage that's right for you.

Now you can apply online!

Experience the Credit Union Mortgage Advantage with reduced paper work and hassle - free online mortgage applications.

Refinancing

If you purchased your home when interest rates were high, now may be the time to refinance. You may be able to save by lowering your monthly payments and possibly shorten your term.

Contact us today to find out how refinancing your present mortgage can change your financial picture.

Home Equity Loans

Use a USPS FCU Home Equity Product for:

• Home Improvements
• Debt Consolidation
• Education Expenses
• Investments
• Any Cash Need!

Home Equity Loan Facts

• A  U. S. Postal Service Federal Credit Union Home Equity Line-of-Credit or Second Mortgage Loan costs less than most other financing options because our rates are highly competitive, and there are no closing costs.*
• Using the equity built up in your home can be a smart way to borrow. Rates are considerably lower compared to other consumer loans, and in most cases you may be able to deduct interest payments (consult your tax advisor.)
• Home Equity Lines-of-Credit can be made in all states except Texas and the territories of Puerto Rico and the Virgin Islands.
• Second Trust Loans can be made in the territory of the Virgin Islands and in all states (except Texas and Puerto Rico).

* Your loan must close, be set up on your Credit Union account, and remain open for 36 months, or you will be responsible for reimbursing the Credit Union for all closing costs incurred by the Credit Union.

Home Equity Line-of-Credit

Borrow at low rates and pay no closing costs!

A great way for members to have access to cash when needed is through our Home Equity Line-of-Credit, which is a revolving line of credit based on the available equity in your home. Our variable rate is .25% lower than the Prime Rate*.

• You can borrow from $10,000 up to $200,000.
• In addition, there are no closing costs**. The no closing costs benefit can represent an immediate savings of $300, $500, or more.
• Once your Home Equity Line-of-Credit is set up, you can access it by telephone, mail, branch, QUE, CU E-Link, or FAX. As payments are made, the line replenishes itself up to your approved limit.

*Your variable Annual Percentage Rate (APR) is subject to change, based on the Prime Rate minus 0.25%, but will not exceed 12% and go below 4.99%.
**Your loan must close, be set up on your Credit Union account, and remain open for 36 months, or you will be responsible for reimbursing the Credit Union for all closing costs incurred by the Credit Union.

Second Mortgage (Closed-End Home Equity) Loan

Members that prefer a fixed rate loan will be interested in our low-cost Second Mortgage (Closed-End Home Equity) Loan. Once the loan is closed, the interest rate will remain constant for the entire loan term.

• You can borrow from $10,000 up to $200,000.
• Terms of 5, 7, 10, 12, and 15 years are available.
• There are no closing costs* for a USPS FCU Second Mortgage loan. Compared to other options this can result in an immediate savings of $300, $500, or more.
• Second Trust Loans can be made in the territory of the Virgin Islands and in all states (except Texas and Puerto Rico).

* Your loan must close, be set up on your Credit Union account, and remain open for 36 months, or you will be responsible for reimbursing the Credit Union for all closing costs incurred by the Credit Union.

Apply Online 24/7

Apply By Phone: (800) USPS FCU

CU Realty

SAVE MONEY. SAVE TIME. SAVE THE HASSLE.

USPS FCU and CU Realty Services have teamed up to save you hundreds, if not thousands of dollars every time you BUY or SELL real estate. By using one of our approved real estate agents you will receive a rebate on your real estate broker/agent’s commission when you complete a transaction. This program is offered to our valued Credit Union members and their families FREE.

Contact CU Realty and start saving TODAY!

We do business in accordance with the
Federal Housing Law and the Equal Credit Opportunity Act.

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