CHICAGO, IL / ACCESSWIRE / September 9, 2021 / The National Police Credit Union, the first and only full-service financial institution created solely for law enforcement officers and their families across the country, proudly offers police mortgages with Killed in loan protection. the Line of Duty, a special free of charge debt cancellation. service created exclusively for full-time sworn law enforcement officers.
Killed in the line of duty Loan protection
Available for mortgages at free of charge To the borrower, Death in the Line of Duty Loan Protection is a free benefit that will write off up to $ 850,000 of outstanding balance on eligible credit union loans should the unthinkable happen to an agent due an incident in the performance of his duties.
When members enter into or refinance a police mortgage with the credit union, they receive Killed in the Line of Duty loan protection free of charge for the term of that loan as long as they remain active full-time as enforcement officers. sworn law.
Pictured is Scott Arney, CEO of the Chicago Patrolmen’s Federal Credit Union
According to CEO Scott Arney, âThe Credit Union Single Police Mortgage not only enables our members to realize the dream of homeownership, but also gives them the opportunity to rest knowing that their families will be taken care of if the unthinkable happened to them. while serving and protecting our communities. Like Kevlar, Killed in the Line of Duty Loan Protection simply provides an extra layer of security for professionals whose daily work often involves life and death consequences.
The credit union is known and respected for offering quick and easy closings, as well as personalized terms and low cost down payment options.
âBecause of our work with law enforcement over the past 80 years,â says Arney, âCredit Union has better access to information than traditional mortgage lenders, who typically take a long time to work. with clients to complete the forms. With first-hand knowledge of officers ‘personal and professional financial matters and adherence to police officers’ schedules, we are able to cut turnaround time by almost half, with mortgages typically closing in 30 days or less. compared to the industry standard. 45 to 60 days. ‘
Full Service Mortgage Department
The National Police Credit Union’s full-service mortgage department offers conventional mortgages, money purchase transactions, FHA loans, and VA loans, as well as free mortgage pre-approvals.
For more information on the National Police Credit Union and our mortgage policy, please visit www.nationalpolicecu.com or call 844-COP-SAVE (844-267-7283).
About the National Police Credit Union
The National Police Credit Union is a marketing division of the Federal Credit Union of Chicago Patrollers, which was formed in 1938 as a “blue shirt” organization open only to serving police officers. Today, the Credit Union serves officers of all ranks and members of their immediate families. Led by CEO Scott Arney since 2002, the Credit Union serves more than 38,000 members and has assets of over half a billion dollars. In 2014, the Federal Credit Union of Chicago Patrolmen launched its National Police Credit Union marketing division, which is the first and only full-service financial institution serving law enforcement officers and their families across the country. country. The Caisse populaire is and always has been administered by a board of directors composed entirely of active and retired police officers.
The National Police Credit Union is headquartered at 1407 W. Washington Blvd., Chicago, IL, with regional trade offices located in Tempe, AZ and Dallas, TX. For more information, please visit our website.
If you would like more information, an interview or photos, please contact Elizabeth Berger at 312-543-2209 or [email protected]
THE SOURCE: National Police Credit Union
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