CHICAGO, IL / ACCESSWIRE / September 9, 2021 / National Police Credit Union, the first and only full-service financial institution created exclusively for law enforcement officers and their families across the country, proudly offers Police mortgages with Killed in the line of duty loan protection, a special free debt relief service created exclusively for full-time sworn law enforcement officers.
Killed in the line of duty loan protection
Available for mortgages at no costs For the borrower, Killed in the Line of Duty Loan Protection is a free benefit that cancels up to $ 850,000 of the outstanding balance of eligible Credit Union loans in the event the unthinkable should happen to an officer due to an incident on the liner service.
When members close or refinance a Police Mortgage with the Credit Union, they will receive free Killed in the Line of Duty loan protection for the duration of that loan as long as they are full-time sworn law enforcement officers.
Pictured is Scott Arney, CEO of the Chicago Patrolmen’s Federal Credit Union
According to CEO Scott Arney, “The Credit Union’s unique Police Mortgage not only enables our members to realize their dream of owning their home, but also gives them the peace of mind knowing that their families should be taken care of the unthinkable happens as we serve and protect our communities. Like Kevlar, Killed in the Line of Duty Loan Protection simply provides an extra layer of security for professionals whose day-to-day work often has life or death consequences. “
Credit Union is known and respected for providing quick and easy deals, as well as tailored terms and options for low amounts of money.
“Because of our work with law enforcement for over 80 years,” Arney continues, “Credit Union has better access to information than traditional mortgage lenders, who typically spend a long time working with their clients to fill out forms Knowing firsthand the officers ‘personal and professional financial affairs and adhering to police officers’ schedules, we can cut turnaround time in nearly half, with mortgages generally closing in 30 days or less, compared to the industry standard of 45-60 days. “
Full service mortgage department
The National Police Credit Union’s mortgage division offers conventional mortgages, purchase money transactions, FHA and VA loans, and free mortgage pre-approvals.
For more information about the National Police Credit Union and our Police Mortgage, please visit www.nationalpolicecu.com or call 844-COP-SAVE (844-267-7283).
Via the National Police Credit Union
The National Police Credit Union is a marketing division of the Chicago Patrolmen’s Federal Credit Union, founded in 1938 as a “blue shirt” organization open only to police officers. Today the Credit Union serves officers of all ranks and their immediate family members. The Credit Union has been led by CEO Scott Arney since 2002 and has 38,000 members and over half a billion dollars in assets. In 2014, the Chicago Patrolmen Federal Credit Union launched its marketing division, National Police Credit Union, which is the first and only full-service financial institution serving law enforcement officers and their families across the country. The credit union is and has always been administered by a board of directors consisting entirely of working and retired police officers.
The National Police Credit Union is headquartered at 1407 W. Washington Blvd., Chicago, IL, with regional offices in Tempe, AZ and Dallas, TX. For more information, please visit our website.
For more information, an interview or photos, please contact Elizabeth Berger at 312-543-2209 or [email protected].
SOURCE: National Police Credit Union
View source version on accesswire.com:
https://www.accesswire.com/662995/National-Police-Credit-Unions-Signature-Police-Mortgage-Featuring-Killed-in-the-Line-of-Duty-Loan-Protection-Provides-Law-Enforcement- Officers-with-long-term-benefits-and-financial-peace of mind