MORTGAGE LOAN PRODUCTS

All TCCU mortgage loan applications, with the exception of Home Equity Loans less than $150K, are processed through Member Home Loan, LLC; A Credit Union Service Organization (CUSO) established in 2005. Member Home Loan was established to originate, process, underwrite, close, fund and service mortgage loans for Credit Unions.

To apply, click here.

 

 

Home Equity Loans  *Special    
  Up to 60 Months *As low as 3.00% to 7.00%
  5 up to 10 Years *As low as 4.25% to 8.00%
  10 up to 15 Years *As low as 4.50% to 8.125%
  15 up to 20 Years *As low as 5.50% to 9.00%

*Special:
- Add/Borrow $50,000+
-
First lien position

  • Payments on a home equity loan of $15,000 financed at 7.50% APR for 180 months would be $139.09 per month or $9.27 per $1,000 borrowed.
  • Use our Mortgage Calculator to estimate monthly payments for other amounts and terms.
  • The minimum loan amount is $25,000.00. The maximum terms are: 15 years - loans up to $50,000. 20 years - loans over $50,000.
  • The maximum loan amount, including all outstanding liens on the property, is 80% of the value of the property.
First Mortgages    
  10 year fixed 3.25%
  15 year fixed 3.625%
  20 year fixed 4.375%
  30 year fixed 4.50%
  • Maximum Loan to Value Ratios. Purchase Money 95%, Refinanced 80%.
  • Maximum Maturity. Variable Rate 30 years. Fixed Rate 30 years.
  • PMI (Private Mortgage Insurance) required if over 80%
  • NO Origination Fees
  • Premium of .75% added to interest rate on Jumbo Real Estate loans (over $417,000)
Unimproved Land Loans    
  • $25,000 minimum; Up to 15 Years; 7.25%
  • Payments on a real estate loan of $100,000 financed at 7.15% APR for 180 months would be $907.47 per month or $9.07 per $1,000 borrowed.
  • Use our Mortgage Calculator to estimate monthly payments for other amounts and terms.
Manufactured Homes    
  Up to 10 Years 9.00%
  Up to 15 Years 10.00%
  • Payments on a Manufactured home loan of $35,000 financed at 10.00% APR for 180 months would be $376.23 per month or $10.75 per $1,000 borrowed.
  • Use our Mortgage Calculator to estimate monthly payments for other amounts and terms.
  • Minimum of 20% equity in the home. Maximum Repayment Terms: $25,000 or less - 10 years. $25 +, 15 years

Tarrant County Credit Union is pledged to the letter and spirit of U.S. policy for the achievement of Equal Housing Opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining home financing because of race, color, religion, sex, physical impairment, familial status, age or national origin.


This Rate Schedule for all accounts sets forth certain conditions, rates, fees and charges applicable to your accounts at Tarrant County Credit Union and is incorporated as part of your Account Agreement with us.

"APR" refers to "Annual Percentage Rate"

"TBD" refers to "To Be Determined"

For current information call the Credit Union at (817) 884-1470.

 

Got a question? We can help.

Contact us online, give us a call at 817-884-1470, or stop by a branch location for assistance with any questions or concerns.