*No purchase necessary to enter or win. Drawing open to any Andrews Federal member who opens one of the listed Deposit or Loan products (Auto Loan, Home Equity Fixed Rate loan, Mortgage loan, 6 Month Certificate special, or Money Market) between 3/1/2015 and 4/30/2015 (“the contest period”). Upon opening the eligible account, you will be automatically entered into either the Loan or Deposit contest drawing; drawing entered depends on type of account opened. You will receive an entry into the corresponding drawing for each listed Deposit and Loan product you open during the contest period. Deposit drawing prize = $1,000 cash. Loan drawing prize = $1,000 cash. If you are entered into both the Deposit and Loan drawing, it is possible for you to win both prizes for a total cash prize of $2,000. Drawings will be held 5/15/2015; winner will be notified and cash prizes deposited to the winning member’s accounts by 6/1/2015. Winner is responsible for any taxes and fees. Odds of winning depend on number of entries. Entrants will also have the opportunity to make two attempts to make a basket at one of the contest basketball hoops in our branch locations; any entrant who makes a basket will receive a free Nerf basketball (estimated value $9.99).
**Fixed rates available as low as 3.49 % APR (Annual Percentage Rate) for owner occupied properties with terms up to 180 months. Additional rates and terms are available; rates, terms and conditions vary based on creditworthiness and qualifications and are subject to change. To qualify, there must be no other liens by the property being used as collateral. Subject to credit and property approval.
***Minimum loan amount is $25,000. Maximum loan amount will be based on the amount of equity available, based on the appraised value of your home (loans with a loan-to-value ratio of 90% or more are limited to a maximum of $200,000). Appraisal is required – fee is paid upfront and is non-refundable. Closing costs vary and will depend on the location of the property and the amount of the loan. Property insurance is, and flood insurance may be, required. Consult your tax advisor regarding the deductibility of interest. Additional restrictions may apply. Payment examples do not include taxes or insurance premiums, your actual payment may be higher. Escrow account may be required. Rates and APRs are effective as of 4/23/2015 and are subject to change without notice.