The Frontline First Homebuyer Program is for first-time homebuyers who are active sworn or civilian professionals, employed by law enforcement agencies across Southern California, with at least 2 (two) years of service with their current agency. Property must be: (1) located in California, (2) owner-occupied primary residence; and (3) a single-family dwelling, condominium, and planned unit development. 1Mortgage loan terms available up to 40-years with a fixed rate only. Estimated payment examples: A fixed-rate loan $500,000 for 30 years at 6.00% interest rate and 6.069% APR will have a monthly payment(P & I) of $2997.75. A fixed-rate loan $500,000 for 40 years at 6.00% interest rate and 6.058% APR will have a monthly payment(P & I) of $2751.05. Payment examples do not include property taxes, insurance, or third-party vendor fees, so the actual payment obligation may be greater. Program requires mandatory impound account for taxes and insurance, completion of homeownership course at fanniemae.com/education, minimum FICO of 700. Loan amounts available up to $1,000,000. Program requires mandatory impound account for taxes and insurance, minimum FICO of 700, verification of employment, no homeownership in the past 24 months, and completion of Homeownership Education Course at fanniemae.com/education. Please refer to your tax advisor regarding eligibility of tax relief programs and the deductibility of interest and charges. Rates, program terms, and conditions are subject to change without notice. All loans are subject to credit approval, property approval, and membership. Other restrictions may apply, please contact the credit union for complete details and to apply for the program. POPA Federal Credit Union NMLS # 852741.
(562) 229-9181
NMLS #680499
Membership at POPA FCU gives you access to any of our convenient products and services, such as online banking, bill pay, direct deposit, and so much more. You also receive one vote during an election at our annual membership meeting.
