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Routing Number: 307070021

Home Loans

 

30-Year Fixed Rate Mortgage as Low as 5.80% APR 1

Lock in your rate today, making homeownership more affordable!

Whether you’re looking to purchase or refinance, our fixed-rate mortgage offers long-term savings and peace of mind.

Why Lock in Now?
  • Lower Monthly Payments: a lower interest rate means more manageable payments over the life of your loan.
  • 30-Year Stability: Enjoy the security of knowing your rate won’t change.
  • Perfect for Purchases and Refinances: No matter your situation, now’s the time to take advantage of lower rates.

Apply Today

Happy Couple with house keys

 

 

Mortgage Mentors

Home is more than a place to live. It's where friends gather, belly laughs roll, quiet moments unfold. And one of your biggest investments. Our loan experts guide you to the best mortgage solutions - customized for you.

Home Loan Options

  • Conventional
  • VA 2
  • FHA 2
  • Reverse Mortgage 2
  • Jumbo

Ready to explore your possibilities? Let's talk!

Choose your Mortgage Loan Officer 

 

 

First-Time Homebuyer Program

Buying your first home can be overwhelming, but homeownership is more affordable than you think. Let us show you how you can purchase your first home with as little as 1% down* through our First-Time Homebuyer Program!

Apply Now  Learn More*

 

 

My Way Mortgage

One size doesn't fit all for many things in life - your mortgage is no different. Enjoy a home loan custom fit for your lifestyle and financial goals. 

Features

  • Choose the loan term and payment that works for you
  • Origination fees apply 3
  • Available for purchase or refinance
  • Competitive rates
  • Reducing your loan term by just one year can equal big savings
  • Pay off your mortgage quicker

Get Pre-Qualified

 

 

Adjustable-Rate Mortgage

Rates As Low As 6.687% 4

Looking for a lower payment each month, plan on moving before the end of the initial loan term, or are just getting started in your career and expect to earn higher wages in the future? An Adjustable Rate Mortgage (ARM) may be the loan for you.

Apply Now Learn More

 

 

Home Equity Loans

Rates As Low As 6.99% APR 5

You've built equity in your home, now let's put it to work! Borrow smarter to give yourself more financial flexibility.

Apply Now Learn More

 

 

VA Loans

It’s our turn to serve you. With over 69 years of serving our military service members, we are your VA loan expert!

Apply Now  Learn More

 

 

Refinance

Refinancing your current mortgage could equal big savings by lowering your interest rate and reducing your monthly payment!

Apply Now Choose a Mortgage Loan Officer

 

 

 

 

Reverse Mortgage

Unlock the cash in your home during retirement! With a reverse mortgage, you can stay in your home and enjoy the flexibility to use your funds for anything you need—whether it's covering daily expenses, managing medical costs, or fulfilling lifelong dreams.

Learn More

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Disclosures

1 APR=Annual Percentage Rate. APR for this loan type is 5.80%. Rate with approved credit. Terms and rates may change at any time without notice. Rates apply to Conventional 1st mortgages. Closing costs apply and range from $2,500-$5,000 depending on circumstances which do not include rate buy-down or escrows. Minimum loan amount is $40,000. Maximum loan-to-value ratio is 80%. Payment example: 360 payments of $2,334.29 at an interest rate of 5.75% based on an average $400,000 loan balance. Monthly payment amount displayed includes principal and interest only. Payment amount does not include homeowner’s insurance or property taxes which must be paid in addition to your loan payment. Other restrictions and requirements may apply. Membership requirements apply. Ask a mortgage loan officer for details

2 These programs are not controlled by AACU. Program requirements subject to change.

3 Closing costs do not include buydown, escrow, and subordination agreement fees.

4 APR=Annual Percentage Rate is effective 09/20/2024 and includes origination fees based on product type. Rates are subject to change. A example of a 5/6 payment for $320,000 loan with a 4.875% rate and 6.833% APR, the first 60 payments are $1,683.47 followed by 300 payments that could range from $1,353.00 to $2,630.00 based on a minimum rate of 2.75% and a maximum rate of 9.875%. A example of a 7/6 payment for $320,000 loan with a 5.25% rate and 6.687% APR, the first 84 payments are $1,767.05, followed by 276 payments that could range from $1,384.00 to $2,674.00, based on a minimum rate of 2.75% and a maximum rate of 10.25%. Examples assume a property value of $400,000 and a loan to value of 80%. Above payment examples don’t include taxes and insurance. Actual payments may be higher. Closing costs don’t include buy downs, escrows or subordination fees (if applicable). The values are published by the Federal Reserve Bank of New York. Membership requirements apply. Restrictions and requirements apply. Program subject to change. Equal Housing Lender.

5 Promotional rate is a temporary fixed-rate and applies only if a minimum $10,000 Home Equity Line of Credit advance is completed at time of loan closing. Promotional rate will apply to future advances from the date of closing until 12 months thereafter. After 12 months from the date of loan closing the promotional rate will revert to the applicable rate as stated in the Home Equity Line of Credit Agreement. Rates may vary after account is opened. Rates are adjusted on the first day of the month following a change in the Prime Rate, as published in the Wall Street Journal. The Prime Rate in effect on 7/27/2023, is 8.50%. To qualify for promotional rate, a new Home Equity Line of Credit must have a completed application May 1, 2024 through September 30, 2024. Offer subject to change at any time without notice.

My Way Mortgage is a registered trademark of Air Academy Federal Credit Union.

Air Academy Federal Credit Union: NMLS# 454287