For First Responders Who Are Second to None!
Chicago Patrolmen’s Federal Credit Union is one of a limited number of financial institutions in the country to offer Killed in the Line of Duty Loan Protection, a special debt cancellation benefit created exclusively for sworn Law Enforcement Officers.
Available for Mortgages at NO COST to the borrower, Killed in the Line of Duty Loan Protection is a complementary benefit that will cancel up to $850,000 of the outstanding balance of one or more eligible loans* should the unthinkable happen to an Officer due to a line-of-duty incident.†
*To qualify for Killed in the Line of Duty Loan Protection, qualifying members must take out a new eligible loan for $25,000 or greater; or an aggregate of two or more new eligible loans for $25,000 or greater. *Eligible Credit Union loans include Mortgages and Home Equity Loans; Auto, Motorcycle, and Boat Loans; Signature Loans, Uniform Loans, Tuition Loans, Student Loan Consolidations, and Credit Cards.
†Killed in the Line of Duty Loan Protection is available only for the qualifying Officer, and the protection may not be purchased outright. This debt cancellation benefit only applies in the case of death. Please see loan addendum upon loan closing for more details.
Chicago Patrolmen’s Federal Credit Union NMLS ID: 1223085
Police Mortgage, LLC NMLS ID: 268815
John Aretos NMLS ID: 268165
Patrick Doah NMLS ID: 2025761