Loan - Real Estate

There are no points. There is a low one-time processing fee due at the time of disbursal for a Refinance Mortgage Loan, which can be financed into the loan or paid out of pocket. There are no fees for Home Equity Loans. Appraisal fees in excess of $500 and recording fees in excess of $200 will be 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: NY, MD, KS, FL, VA, and the Parish of Orleans in LA. Please contact the Credit Union for more information.

  • For a refinance mortgage loan, the maximum amount available is 90% of your home's appraised value with a maximum of $1,000,000, or 80% of your home's appraised value with a maximum of $1,500,000.
  • For a home equity line of credit, the maximum is 80% of your home’s appraised value with a limit of $500,000. 
  • For a fixed rate and term home equity loan, the maximum is 85% of your home's appraised value.

APCI FCU does not offer financing on rental or any business real estate properties. We may be able to assist you with financing for this type of property by using your primary or second (non-business) home as collateral.

We do not escrow taxes or insurance premiums on any real estate secured loan.

We do not sell our Refinance Mortgages or Home Equity Loans. Your loan is serviced by people you know and trust for the duration.

The answer depends on the amount of equity available in your home. At APCI FCU, we allow a member to have more than one mortgage loan secured by a primary or second (non-business) home provided the total amount borrowed is within the loan to value guidelines and the lien is primary. Taking a separate mortgage loan may be beneficial depending on interest rate and repayment terms of both the existing and new loan.

Whether you own your home free and clear, or have a mortgage, If you have built up equity in your home, you may choose to refinance your mortgage with APCI FCU. You can use this equity to remodel your home, purchase a second home, pay for college tuition and more.


A home equity loan has a fixed term, a fixed rate and a fixed amount. A HELOC is an open ended revolving line of credit with a variable interest rate. Both home equity options can only be secured by your primary residence or a second home. 

A HELOC is a real estate loan secured by your primary or second (non-business) home. In order to request a credit limit increase for your HELOC, please complete a new application

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