- Save
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What Are You Saving For?
We all know how important saving money is. Whether you’re a dedicated saver or just beginning to build your savings; we offer a variety of safe and secure savings plans to help your money grow.
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Savings Accounts
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Open an Account Online
When you join AMOCO Federal Credit Union you begin your membership by opening a basic savings. This account establishes your ownership in the credit union and is the foundation you can build on to achieve your financial goals.
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- Spend
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What Are You Spending For?
Spending money is a daily part of living; however, smart spending allows you to save for your future. At AMOCO, we believe in investing in you and helping you build your nest egg to take care of yourself and your family.
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Checking Accounts
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Want Affordable Checking?
We believe that checking should be made simple, so we have one FREE checking account for all of our members. That’s right, no minimum balance requirements, no direct deposit requirements, no monthly service fee and unlimited transactions!
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- Borrow
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What Are You Borrowing For?
Our goal to make your financial dreams come true. Whether you are purchasing your first car, looking for a great credit card or want to own vacation homes, we help you fund your future.
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Loans
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Apply for a Loan Online
At AMOCO, we have loans for your wants and needs. We work hard to provide members with high-quality service, lower rates, and flexible payment options so you can get the most for your money.
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- Invest
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Invest In Yourself!
Plan our financial dreams – from saving for college to planning retirement. We’ll discover where you want to go and how you will get there.
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Start Investing
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Manage Your Investments
Through LPL Financial, you have the ability to manage multiple types of investments, access your account anywhere, anytime and partner with a professional to help understand your unique financial situation.
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- ACCESS MY ACCOUNT
- Special Offers
Mortgage Loans
AMOCO loves putting you into your dream home! We offer a wide variety of options that can get you financed, furnished and finally living in the house that you and your family want. In fact, we have been voted the Best Mortgage Lender since 2012. We know mortgages and can’t wait to give you the keys to your new home.
Our Executive Vice President of Lending, Eddie Bonilla, is here to help you with the homebuying process and find the perfect Mortgage Loan for your unique needs.
Mortgage Q&A with Eddie Bonilla, Executive Vice President of Lending.
AMOCO offers Mortgage Loans?
Here at AMOCO, we are dedicated to our mission to serve the financial needs of our members. We realize that our members are in different stage in their financial life so, we have built a better suite of Mortgage options to meet those needs. Whether you are purchasing your first home, next home or even transforming your current home into your forever home, we have affordable and flexible loan options for you.
We understand that a Mortgage Loan is one of the biggest financial commitments you will ever make. So our goal is to find the perfect fit for you and to guide you through the entire loan process. So give us a call, email us, or apply online, and let us show you the AMOCO difference.
What can I do to prepare for the homebuying process?
Step 1: Get prequalified
Step 2: Find a realtor
What costs should I consider when purchasing a home?
Expected Cost:
1. Down Payment
2. Closing Costs
Ask about our $0 down payment product and reduced closing cost option.
Is now a good time to refinance my Mortgage Loan?
Now is a great time to refinance your home. Today’s mortgage rates are still near record lows which gives our members a great opportunity to lower their monthly payment or shorten their terms. Also, home values are at an all-time high which means equity has increased for many borrowers. That’s great news if you want to do a cash out refinance, to consolidate debt or make home improvements with a lower rate mortgage. It’s also a good time to evaluate your position to refinancing and eliminate the PMI costs you may have on your current mortgage. In most cases, closing costs can be rolled into your new loan so there is minimal out-of-pocket expense. Our Mortgage team is ready to walk you through your current mortgage situation and compare how a refinance can save you money.
What is a Home Equity Loan?
A Home Equity Loan is a cash out fixed rate loan that taps into the equity of your home. In Texas, you are allowed to cash up to 80% of the value of the home minus any existing loan secured by the home. many of our members put their equity to work with this loan option for remodeling, other home improvements or Debt Consolidation. If you would like to cash out, but have one Mortgage Loan, we have a First Lien Home Equity option. If you would like to cash out, but have a separate loan from your primary Mortgage Loan, we have a Second Lien Home Equity option. As home values continue to raise, talk to our Mortgage team to see how we can use your equity to turn your home into your dream home.
Does AMOCO offer a loan option for disaster preparedness home improvements?
With the frequent natural disasters we have experience, recently many of our members are looking for disaster preparedness financing options. We have two different solutions that we can meet this need. The first is a Home Equity Loan that would proved cash out to make home improvements such as:
- Adding a home generator
- Updating your roof
- Upgrading to storm rated windows
We also have a Personal Loan option that is not tied to your home. This loan can provide you cash the same day you apply for whatever disaster preparedness improvements you have in mind. As storm season approaches, we’d love the opportunity to discuss these options to give you better peace of mind.
Does AMOCO offer loan options for pools?
In our new social environment, many members have looked to enhancing their home experience with a new pool. AMOCO offers a great loan option turning your backyard into a private luxury resort. This loan option lets you tap into your home’s equity up to 90% of your home’s value. You can borrow up to $75,000 for up to 15 years. If you do need more cash our Home Equity Loan option may be the right fit for you.
Ready to make your move?
Purchase Mortgage
Home Sweet Loan.
If you are looking to buy a house, AMOCO’s mortgage loan options can help you make your move with our competitive rates and reduced closing cost options. Voted Best Mortgage Lender for 9 years, you’ll feel right at home with our experienced team who walk with you through the entire homebuying process, from start to close.
Financing options include:
- Conventional Purchase
- FHA
- VA
- Investment
- Second Home
- Options for Condos, Manufactured Homes, and Duplexes
- Reduced closing cost options
- Preferred Realtor Program
Homebuyer Education By eHome America
For most people, buying a home is an exciting and challenging endeavor, which is why we encourage our members to plan ahead. If you’re considering homeownership, now is the time to start saving, review your finances, and complete a financial education course. For just $50 per course, eHome America’s signature Homebuyer Education online courses are open to anyone.
Made For You Mortgage
A Mortgage Loan Designed For You.
At AMOCO, our Made For You Mortgage is designed for you! Our experienced mortgage representatives are ready to help you make your move.
Made For You Mortgage Features:
- 100% financing available
- $0 down payment
- No Private Mortgage Insurance (PMI)
- Reduced closing cost options
Made For You Mortgage Details1:
- Loan Amount: Maximum $400,000
- Credit Score: Applicants must have a credit score of 700 or higher
- Debt-to-Income: 43% limit
1Applicants must have a minimum of 3 years work history in the same industry. Maximum loan amount is $400,000. Must have a credit score of 700 or higher and a debt-to-income limit of 43%. Offer subject to change or discontinue without notice. Rates determined by borrower’s credit qualifications. Subject to membership eligibility. This credit union is federally insured by NCUA.
If you are a teacher or healthcare worker, please click here.
Refinance
Pay Off Your Home Sooner.
If you are looking to lower your monthly payment, shorten the term of your loan, or get a lower interest rate for your home, our expert Mortgage team can help. When you refinance your mortgage with AMOCO, you can pocket the savings to complete home improvement projects, pay off high-interest credit card debt, or save for emergencies.
Refinancing options include:
- Minimum refi amount of $100,000
- Conventional Purchase
- FHA
- VA
- Investment
- Second Home
- Options for Condos, Manufactured Homes, and Duplexes
Home Equity Loan
Endless Possibilities.
Using the equity in your home is a smart way to borrow. The interest you pay on your loan is often tax deductible (consult with your tax advisor for details). Use the funds from your home equity loan just like cash to pay for home improvements, wedding expenses, a vehicle, boat and more.
- 1st and 2nd lien home equity loans
- Minimum loan amount of $25,000
- Opportunity to get 1% off1 current mortgage rates
- Fixed rates and terms up to 30 years
- Easy to manage and pay online
Construction Mortgage Loan
The Right Tool For Your Grand Plans.
Our one-time-close Construction Mortgage Loan is a great option to help you build the home you’ve always dreamed of! The process is seamless, with just one approval process, and one set of closing costs. Learn more about our Construction Mortgage Loan and view our frequently asked questions (FAQ).
Construction Mortgage Loan Features:
Construction Mortgage Loan Details1:
- Maximum loan-to-value of 80%
- Maximum debt-to-income ratio of 43%
- 2 years of income history required
- Property must be located in Texas
1Applicants must have a minimum of 2 years work history required. Must have a credit score of 680 or higher and a debt-to-income ratio of 43%. Multi-unit, condos, and manufactured home property types are not eligible. Offer subject to change or discontinue without notice. Rates determined by borrower’s credit qualifications. Subject to membership eligibility.
Pool Loan
Why Vacation, When You Can Staycation!
Turn your house into a private luxury resort with our Pool Loans. With our low rates and affordability you can beat the Texas heat in your very own oasis, right in your backyard.
- Borrow up to 90% of the value of your home
- Fixed rates and terms up to 15 years
- Up to $75,000 max loan amount
- No origination fee
- Easy to manage and pay online
Unimproved Land Loan
Now This is an Improvement.
Unimproved Property Loans:
- Purchase and refinance options available
- Fixed rates and terms up to 15 years
- Easy to manage and pay online
Secondary/Vacation Home Loans:
- Purchase and refinance options available
- Terms up to 30 years
- Easy to manage and pay online
Mortgage Representatives
Contact Our Experienced Team Today.
Let our experienced mortgage representatives assist you with your mortgage loan needs. Our mortgage team includes:
Loan Originators
Lisa Bradford
NMLS #1205463
What started as a temporary position as a local savings and loan secretary turned into a career of almost 40 years in the financial industry. Lisa has experience as a branch manager, commercial lender, and business development officer. While she has experience in several areas, Lisa discovered her true passion in 2002 when she became a mortgage loan originator. The joy of helping her members achieve the dream of homeownership continues to be the most rewarding experience of her career. As a proud, life-long Galveston County native, Lisa treasures all things coastal, from the food to the beach and everything in between. Her commitment to the community she dearly loves includes serving as a former board member for United Way Galveston County Mainland and Keep America Beautiful. Outside of AMOCO, Lisa’s personal passion is animal advocacy. She has been actively involved in dog rescues for more than 20 years. Her favorite pastime is spending time with her cherished dogs, most of which are rescues.
Michael Hedrick
NMLS #1430019
Michael has over 24 years of experience working in the banking and credit union market. Throughout his financial career, Michael has served in various leadership positions that have focused on the customer experience. He knows that part of that experience is to provide members with an understanding of mortgage products and services so they can make informed decisions that help them achieve their personal financial goals. His investment in the mortgage lending industry has created lasting relationships and countless memorable moments for his members. When he isn’t working, Michael spends his time golfing, hunting, or fishing. His greatest joys in life come from God, his wife, child, and grandchildren.
James McWhirter
NMLS #653766
James has over 18 years of experience serving Texans in the retail banking and Houston area credit union market. He has held leadership roles overseeing multiple financial centers focused on improving the member experience. Additionally, over the last eight years, James has served as a mortgage loan officer for local credit union members. His goal to educate others about mortgage products and services while providing an unmatched personal experience has established many long-term relationships with members and numerous success stories. James enjoys being outdoors, golfing, and hunting outside of AMOCO, but his greatest joy comes from his wife and kids.
Jessica Flores
NMLS #2145127
Jessica Flores is a Loan Originator who strives to exceed her members’ expectations and build lasting relationships by always going the extra mile to help them meet their financial needs. Jessica is fluent in English and Spanish. She has been in the financial industry for just over ten years, most of which she spent as a consumer loan officer before her transition into mortgage lending. Jessica takes the time to get to know her members, and she utilizes her experience to educate and prepare them for the mortgage product that is right for them. In her spare time, she loves spending time with her family, traveling when time permits, and trying new places to eat.
Carrie Pontikas
NMLS #712150
Carrie has worked at AMOCO for 24 years, with 21 of those years originating mortgage loans. She has the knowledge and experience to help members through the loan process and will find the right terms for your budget. Then, when you are ready to apply, click the link in her mortgage center, and she will help you navigate through the mortgage loan process with ease.
Gina
Ryan
NMLS #2060421
Gina’s top priority is excellence in her service to her members. This includes applying her knowledge and comradeship to ensure the application experience is a positive one. She also takes the time to help her members explore their options and choose the right mortgage product for them. Gina graduated from Texas A&M University with a Bachelor of Science in Economics and has been in the financial industry for several years. Outside of the office, Gina enjoys time traveling to new places, hiking when mountains are near, and attending sporting events.
Eryn Sherman
NMLS #1892201
Raised on Galveston Island and in Southern California, Eryn loves the coast and being a part of the community. She has worked in local credit unions for over 13 years, starting with member services and consumer loans, then transitioning to a mortgage loan officer position. Eryn’s primary goal is to spend time listening to each member’s individual story so she can educate them on their best financial options for their future. Outside of AMOCO, Eryn takes pride in supporting skateboarding, surfing, art & music, and island-life communities. After work, you’ll likely find her at a local dog park or the beach with her fluffy Husky and friends.
Loan Originator Assistants
Jennifer Vo
NMLS #2300030
Loan Servicing
Yolanda Perales
Becca Gonzalez
AMOCO Federal Credit Union NMLS ID: 408167
Contact Our Mortgage Team
Enter your name and contact information below, to get assistance from our mortgage team.