Rental Real Estate

Q: What is the maximum amount I can finance on my home?

The Rental Real Estate loan maximum amount available is 70% of your home's appraised value with a maximum of $750,000.

Q: Do you offer rental real estate loans?

Yes, we offer Rental Refinance Mortgage and Rental Fixed Rate Home Equity Loans.

Q: Can I have a mortgage on multiple properties at APCI FCU?

The answer depends on the amount of equity available in the home you own. At APCI FCU, we allow a member to have more than one real estate loan secured by a primary or second (non-business) home provided the total amount borrowed is within the loan to value and policy guidelines. You may have a real estate loan on a primary home and a second home (Rental or Primary Home) at the same time provided all other criteria are met. Taking a real estate loan may be beneficial depending on interest rate and repayment terms of both the existing and new loan.

Q: Are there any points or fees for a Rental Real Estate loan?

There are no points. There is a low one-time processing fee due at the time of disbursal for a Rental Refinance Mortgage Loan and Rental Fixed Rate Home Equity, which can be financed into the loan or paid out of pocket. For all loan types, appraisal fees in excess of $500 and recording fees in excess of $200 will be the responsibility of the borrower. Appraisal fees are generally less than $500. Recording fees in most states are under $200. States with high recording fees include, but are not limited to: CA, NY, MD, KS, FL, VA, and the Parish of Orleans in LA. Please contact the Credit Union for more information.

Refinance and Save on Your Rental Property

Use an APCI FCU Rental Real Estate Loan¹ to refinance your existing mortgage, or use the equity in your rental property to get the funding to help you reach your goals.

Rental Refinance Mortgage

Various terms are available to meet your needs
Competitive fixed interest rates with a low, one-time processing fee²
Borrow up to 70% of your home's value
Debt Protection with Life Plus³ available- Your safeguard against the unexpected
Cash out option available
No title insurance or escrow requirements
Payments can be automatically withdrawn from your Savings or Checking
Make loan payments from other financial institutions through Loan ePay

Apply Today

Rental Fixed Rate Home Equity

Various terms are available to meet your needs
Competitive fixed interest rates with a low, one-time processing fee²
Borrow up to 70% of your home's value
Debt Protection with Life Plus³ available- Your safeguard against the unexpected
No title insurance or escrow requirements
Payments can be automatically withdrawn from your Savings or Checking
Make loan payments from other financial institutions through Loan ePay

Apply Today

¹ Please review our list of eligible states for Real Estate Secured Loan products. This Program is available and secured by a first or second mortgage lien on a non-owner occupied 1-4 unit residential rental property owned by the member-borrower. Loans are not permitted on land, commercial use properties, manufactured or mobile homes, properties deeded in a Trust, nor properties currently listed for sale. All loans are subject to credit review. If the loan does not close within 90 calendar days from the date on your loan estimate, the loan request will be considered closed, and you will need to reapply.

² Fees: There is a processing fee due at the time of disbursal. Appraisal fees in excess of $500 and recording fees in excess of $200 will be the responsibility of the borrower. Appraisal fees are generally less than $500. Recording fees in most states are under $200. States with high recording fees include, but are not limited to: CA, NY, MD, KS, FL, VA, and the Parish of Orleans in LA.

³Debt Protection with Life Plus is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative or refer to the contract for a full explanation of the terms. You will receive the contract before you are required to pay for Debt Protection. You may cancel the protection at any time. If you cancel protection within 30 days, you will receive a full refund of any fee paid.

Rates & Terms

Rates effective August 1, 2025, at 7:30 am ET
Rates are subject to change.

If you are interested in refinancing your existing APCI Federal Credit Union Real Estate Loan without requesting additional funds, please contact us.

Rental Real Estate

Term	Rate	APR*	Pymt Based on $1,000 Borrowed on Rate
Rental Refinance Mortgage
5 years	6.50%	7.72%	$19.57
10 years	6.60%	7.26%	$11.41
15 years	6.60%	7.07%	$8.77
Rental Fixed Rate Home Equity
5 years	6.74%	7.32%	$19.68
10 years	7.24%	7.55%	$11.74
15 years	7.49%	7.72%	$9.27
* APR = Annual Percentage Rate. Rental Refinance Mortgage APR based on $100,000 mortgage & includes $2875 processing fee. Rental Fixed Rate Home Equity APR based on $100,000 mortgage & includes $1,375 processing fee.