Real Estate Loans

Purchase or refinance at a great rate

We offer a variety of mortgages to best meet your needs. Whether you’re buying a new home or refinancing your current one, we have the right loan for you!
 
Purchasing a new home? We offer our qualified members mortgages with as little as 3% down, and always keep your costs to a minimum to help you afford your new home. Note that private mortgage insurance (PMI) may be required for down payments less than 20% of the home's value.
 
Refinancing your current home? We offer very competitive rates, flexible terms, and minimal costs - as well as the option to receive additional cash out from your property’s equity.

Low rates and big possibilities

When you need access to cash, a Fixed-Rate Home Equity Loan can help!

Tap into the equity you have sitting in your home with a low fixed loan rate. Interest paid on the loan is generally tax-deductible. Check with your tax advisor for details.

We offer flexible terms of 5, 10, or 15 years, along with no points or pre-payment penalties. Additionally, our loans feature a low origination fee with convenient in-home and remote closing options to provide you with a smooth and convenient transaction from start to finish.^‡

^‡For loans over $400,000.00, a full appraisal is required. Appraisal costs range between $490.00 and $755.00. The full appraisal cost is the responsibility of the borrower. Optional remote or in-house closing fee of $175 may apply. 

Borrow up to 100% of the equity in your home

We're here to help you get the cash you need, when you need it. Whether you’re looking to consolidate debt, make upgrades to your home or cover unexpected expenses, now you can with The Atlantic Federal Credit Union's 100% loan-to-value Home Equity Line of Credit (HELOC). Borrow up to your home's full value, minus your first mortgage balance. You pay only when you borrow money and as you make payments to us, those funds become available to you again.

For a limited time, we are offering an introductory rate of 3.99% Annual Percentage Rate for the first 6 months on Home Equity Lines of Credit, followed by a variable rate as low as 7.00% Annual Percentage Rate after the introductory period.^†

^†All loans are subject to credit review and approval. An immediate draw of $25,000 is required to qualify for the introductory rate. Any existing Atlantic Federal Credit Union Home Equity Line of Credit (HELOC) that is being refinanced in order to receive the new introductory 6-month APR requires a $50,000 increase in the credit line amount, subject to approval. 3.99% APR is an introductory fixed rate for the first 6 months for qualified HELOC borrowers. After the introductory period, the fully indexed rate will be a variable APR based on the Prime Rate as published in the Wall Street Journal (which as of 05/08/2025 is 7.50%) plus or minus a margin that ranges from -0.50% to 4.00% based upon individual credit and services with the Atlantic Federal Credit Union. The standard minimum APR (floor rate) is 3.50%, and the maximum APR (ceiling rate) is 18.00%. The introductory fixed rate is for a maximum combined loan-to-value (CLTV) ratio of 100%, with a maximum loan amount of $250,000. The maximum term of a HELOC is 25 years, which consists of a 10-year draw period followed by a 15-year repayment period. If the Prime Rate increases or decreases after the introductory period, the variable APR and minimum required payment will change accordingly. The minimum monthly payment during the draw period is calculated monthly based upon the outstanding balance over the remaining term of the loan, but will not be less than $50 or the full amount owed, whichever is lesser. Promotion offered for a limited time and may be discontinued at any time. Offered rates are subject to change without notice. Optional remote or in-house closing fee of $175 may apply. For credit limits over $400,000.00, a full appraisal is required. Appraisal costs range between $490.00 - $755.00. The full appraisal cost is the responsibility of the borrower. Closing costs, other than appraisals, are paid by the Credit Union, however, any fees paid to a bona fide third party must be repaid if the line is closed within 24 months of opening the plan. Optional remote or in-house closing fee of $175 may apply. See Home Equity early disclosure for full details. Rate quoted is the lowest rate for qualified applicants. Other rates are available and may apply based on creditworthiness and loan to value. Rates are subject to change without notice. Additional terms and conditions may apply.