In 1965 a handful of City of Arlington employees had the foresight and determination to provide a benefit to their co-workers that would assist them in becoming financially secure. They met with representatives of the National Credit Union Administration to charter AFCU. The Credit Union’s field of membership was restricted to those individuals working for the City of Arlington and their family members. The first volunteer board of directors consisted of the employees signing the charter, and AFCU was operated and managed from within the City of Arlington payroll department. Consistent savings through payroll deduction was critical in the early years, and the Credit Union philosophy of “People Helping People” was truly evident. City employees of means were often asked to deposit funds into their accounts so that their subordinates or co-workers in need could borrow. The Credit Union saying “no one borrows until someone saves” certainly rang true then, as it does today.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154