We are ready for you!

Start the approval procedure online, or connect to us in among the following methods:

Download our Mortgage Simplified app.
- Give us a call - (877) 774-2657.
Schedule a consultation.
- Message us through our secure online form.

Welcome home!

If you are considering purchasing your very first home, now is the time. Get whatever you desire in a home with a cost effective no money down option from TDECU Mortgage. Plus, our professional mortgage loan specialists make it fast and simple with fast closings and valuable assistance every action of the way.

- Competitive rates
- No money down options1
- Flexible terms for lower regular monthly payments
- Fast closings
- Special discount rates for very first responders, veterans and teachers

You now have every factor to start living your dream of own a home.

Selecting the best mortgage for you

Among the most essential steps in buying a home is choosing the best mortgage. We provide a variety of TDECU special loans to fit your distinct needs.

103% American Dream Mortgage ARM2

An adjustable rate mortgage (ARM) loan without any down payment requirement and a choice to roll in approximately 3% of the closing expenses. Offers a fixed rate for the very first 7 years of the loan term.

8.63%

8.69%

Easy in 30 Purchase Fixed

A 30-year fixed rate loan without any downpayment requirements.

7.50%

7.56%

Construction-to-Permanent.
Mortgage

Converts to a long-term mortgage when your home is total. Interest payments just during the construction phase, option to include lot purchase and one-time closing costs.

Thirty years

Term

Conventional loan options

We likewise provide traditional loans consisting of 30 and 15-year fixed, FHA, and VA loans.

Conforming 30-Year Fixed

This loan type is the most typical, with a set rates of interest and payments spread over 30 years. Even if rates increase, your payment will remain the same.

6.50%

APR3

6.59%

Conforming 15-Year Fixed

A fixed-rate loan with payments topped 15 years. You pay more monthly, however you build equity quickly and spend less in interest over the life of the loan.

5.75%

5.90%

FHA 30-Year Fixed

A loan insured by the Federal Housing Administration for low- to moderate-income home purchasers with low down payments and lower credit rating requirements.

7.62%

VA 30-Year Fixed

A low-interest rate loan ensured by the Veterans Administration for veterans and active duty members. Benefits consist of unwinded credit requirements, no or low deposit, and no personal mortgage insurance coverage.

6.13%

6.45%

Jumbo 7/1 ARM

An adjustable rate loan to buy or refinance a high-end home. Also offered as a home equity loan. Offers a fixed rate for the first 7 years of the loan term.

Interest Rate

8.13%

APR

8.19%

Amount

Starting at $806,501.00

The Home-Buying Process

Let's start with a summary of the significant actions of obtaining a mortgage.

Compare Rates and Loans

Use our rates chart and calculator tools to identify the best loan for you.

Get Pre-Qualified

Find out just how much you're pre-approved to borrow. Complete the application online and get a decision within days.

Find a Home

Now that you know just how much you can borrow, begin looking for homes in your rate range.

Submit Application

When you find the right home, send your loan application. Your pre-qualification is excellent for 90 days.

Tips to prevent paying closing costs

Closing costs can be a significant cost on top of your deposit, often amounting to thousands of dollars. These additional costs can include appraisals, inspections, loan processing costs, and title searches. Here are some methods to help you lower your closing costs.

Negotiate with the seller

If the seller is motivated to see the deal go through, you might have the ability to work out with them to pay the closing costs.

Consult HUD

Your local workplace of Housing and Urban Development may be able to provide support.

Speak to a Mortgage Loan Advisor

Credit unions like TDECU have a variety of mortgage choices to reduce closing expenses.

What to anticipate when purchasing a home

Ever question what takes place in the 30 days in between using for a loan and closing on a home? Download our Home Financing Roadmap to find what occurs during each action of the process.

Ready to get going?

We are ready for you! Start the approval process online, or connect to us in one of the following methods:

- Start the application on our Mortgage Simplified app.
- To talk to a mortgage loan consultant, call (877) 774-2657.
- Prefer to go over face to face? Schedule an appointment.
- Message us through our protected online type.

Credit approval required.

1 100% financing offered on particular loans. Certain terms may use. TDECU Membership needed. See TDECU for complete details.

2 ARM = Adjustable Rate Mortgage. Loans based on credit approval. Example for a 3.25% APR on a $160,000 loan will require a monthly principal and interest payment of $696.33 for 30 years. Payment does not include taxes and insurance so real payment responsibility will be higher. ARMs vary and the rate may increase after the original fixed rate duration. Certain terms and conditions might use.

3 APR = Interest Rate

Prices revealed are subject to change everyday with market conditions. Rate offered might include as much as 1 discount point, loan amount of $350,000, owner-occupied, single-family 1 system house, 80% loan-to-value, FICO score of 740+, and suitable product loan type( s). Standard origination costs may apply. Your real qualifying rate, APR (annual percentage rate), and term may differ based upon your special credit score, integrated loan-to-value percentage based on verified and appropriate home value, final loan quantity, and other qualifying aspects. Rates and terms undergo change without prior notification; other limitations may use. Adjustable-Rate Mortgages (ARM) are variable, and your rate might increase after the original fixed-rate period. Terms of payment example: A $350,000 loan with a 30-year term at 6.715% APR with 20% deposit equals a $1,809.57 month-to-month payment. Taxes and insurance not included, your real payment responsibility will be higher. Contact TDECU Mortgage for additional info and loan criteria. We do service in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Other restrictions and limitations use. For extra terms and programs, please call (800) 839-1154 ext. 4614.

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