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Whether you're looking to purchase your first home, refinance your existing home or take out a reverse mortgage, ABCO FCU and our affiliate Almost Home Mortgage are here to help! Explore the mortgage offerings below and apply online or call 856-581-4050 to schedule a consultation.

 

  • Competitive Rates
  • Minimal closing fees
  • Low Downpayment for Qualified Borrowers*
  • A variety of financing options
  • Credible, trustworthy service
*Based on credit worthiness and other factors.

Mortgage Options

Fixed Rate Mortgages

A traditional loan which maintains its original interest rate throughout its life. Conventional fixed rate mortgages are the most widely used type of loan. The security of a fixed payment is an attractive financing option for many customers.

Call 856-581-4050 to schedule a consultation or apply now >>

Adjustable Rate Mortgages
An adjustable rate mortgage, or an "ARM" as they are commonly called, is a loan type that offers a lower initial interest rate than most fixed rate loans. The trade off is that the interest rate can change periodically, usually in relation to an index, and the monthly payment will go up or down accordingly. This type of loan is often an effective tool for members planning to move or refinance within a few years.

Call 856-581-4050 to schedule a consultation or apply now >>

FHA (Federal Housing Administration) Loans
An FHA loan is a mortgage loan insured by the Federal Housing Administration (FHA). FHA allows for lower credit scores and as little as 3.5% down which opens the door to homeownership to many that might not otherwise have had that opportunity. There are some stipulations the new homeowner(s) must comply with.

Call 856-581-4050 to learn more or schedule a consultation!

USDA (United States Department of Agriculture) Rural Development

The mission of USDA Rural Development’s Single Family Housing Guaranteed Loan Program is to assist low to moderate income rural homebuyers achieve their dream of homeownership. Rural Development partners with approved local lenders to extend 100% financing opportunities to eligible rural individuals and families for the purchase of safe and sanitary dwellings. Applicants must purchase a home within the eligible rural areas, and have a household income that does not exceed the established limits where the home is located.

Call 856-581-4050 to learn more or schedule a consultation!

VA (U.S. Department of Veterans Affairs) Loan

A VA loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs (VA). VA loans help service members, veterans, and eligible surviving spouses become homeowners. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.

Call 856-581-4050 to learn more or schedule a consultation!

Reverse Mortgages
A reverse mortgage is a loan that enables senior homeowners, age 62 and older, to convert part of their home equity into income—without having to sell their home, give up title to it, or make monthly mortgage payments. The loan only becomes due when the last borrower (s) permanently leaves the home. If you're at least 62 years old, have paid off your home, and need money to help the kids, pay off debt, or cover medical expenses, a reverse mortgage might be a good option for you. The payment methods can be in one lump sum, fixed monthly payments, a line of credit, or any combination of the aforementioned. These loans are not the best option for all applicants and we will be sure you understand the loan and any other options available to be sure this is right for you.

Call 856-581-4050 to learn more or schedule a consultation!

Mortgages processed by an ABCO affiliate:

Almost Home Mortgage

714 E. Main St., Suite 2A
Moorestown, NJ 08057
NMLS# 118794

Licensed by the New Jersey Dept. of Banking and Insurance




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