Purchase & Refinance

 (1st Lien Only)

Term

APR*

Rate**

30 yr.

6.811%

6.125%

20 yr.

6.793%

6.125%

15 yr.

6.438%

5.750%

10 yr.

6.435%

5.625%

*APRs are based on estimated closing cost and a loan amount of $100,000. Final interest rates are based on credit history and other factors. **Rate quoted with 1% Discount Point.  Add .25 to above rates for rate without a discount point. Cost to buy down rate .25% is 1% of the loan amount (max of 2 points) – AVAILABLE ON 1^ST LIEN ONLY.  Purchase & refinance loans exceeding 80% LTV require PMI.  Second Home/Investment Property add 1.00% to the above rate. Origination fee may apply to certain programs.

 Home Equity – Fully Documented

 (1st Lien Only)

Term

APR*

Rate**

30 yr.

6.971%

6.375%

20 yr.

6.923%

6.375%

15 yr.

6.534%

6.000%

10 yr.

6.458%

5.875%

*APRs are based on estimated closing cost and a loan amount of $100,000. Final interest rates are based on credit history and other factors.  80% LTV. No Discount Points.  AVAILABLE ON 1^ST LIEN ONLY.  Origination fee may apply.

TDECU Fixed Payment Adjustable Mortgage

(Fully Documented Purchase, Refinance, and Home Equity Loans)

Term

APR*

Rate

1/1 ARM

5.207%

5.180%

2/1 ARM

5.808%

5.780%

3/1 ARM

6.309%

6.280%

APRs are based on estimated closing cost and a loan amount of $100,000.  NO ORIGINATION FEE.  UP TO 103% FINANCING AVAILABLE FOR PURCHASES BASED ON CREDIT HISTORY WITH TDECU AND CREDIT SCORES.  (95% LTV on Refinances; 80% LTV on Home Equity).

TDECU Fixed Payment Adjustable Mortgage and TDECU Fixed Non-Conforming Loans

(Low Documented Refinance & Home Equity)

Term

APR*

Rate

1/1 ARM

5.245%

5.680%

2/1 ARM

5.807%

6.280%

3/1 ARM

6.359%

6.780%

10 yr. TDECU Fixed

7.602%

7.375%

8 yr. TDECU Fixed

7.398%

7.125%

5 yr. TDECU Fixed

7.287%

6.875 %

APRs are based on estimated closing cost and a loan amount of $25,000.  2^nd lien add .50 to rate on TDECU Fixed Payment Adjustable Mortgage products only; 2^nd lien amortized over 20yrs on TDECU Fixed Payment Adjustable Mortgage products;   minimum $20k loan; TDECU pays 3^rd party costs.

 Home Equity Line of Credit

 (HELOC)

APRs are based on estimated closing cost and a loan amount of $10,000. The published 5.00% variable rate is effective as of 03/11/08 and is an introductory rate locked for one year and is not based on a margin. Published rate 1.) May be higher depending on borrower’s credit history 2.) Includes a 0.25% discount for automatic payment from a TDECU checking account.  The index is based on changes to the 11^th District Cost of Funds Index as published by the Federal Home Loan Bank, San Francisco. The margin is based on the borrower’s credit history. Origination fee may apply to certain programs.

 Home Improvement

 1st & 2nd Lien

Term

APR*

Rate

80%-90%-95% LTV

10 yr.

8.238% - 8.489% 8.791%

8.125% - 8.375% 8.675%

8 yr.

7.761% - 8.013% 8.264%

7.625% - 7.875% 8.125%

5 yr.

7.688% - 7.939% 8.190%

7.500% - 7.750%  8.000%

APRs are based on estimated closing cost and a loan amount of $25,000. Origination fee may apply to certain programs.

 Unimproved Property / Rural Recreational Land

Term

APR*

Rate

5/25 Balloon

7.899%

7.740%

5/15 Balloon

7.152%

6.990%

15 Year Fixed

8.077%

7.990%

APRs are based on estimated closing cost and a loan amount of $25,000. Origination fee may apply to certain programs.

 Land with Mobile Home or Land with Metal Building

(10% Down) Plus $750 Processing Fee. Origination fee may apply to certain programs.

5/25 BALLOON ONLY

APR

Rate

8.820%

8.250%

 2nd Homes and

 Investment Property Rate

Rate is subject to an additional 100 basis points, which will be added to any rate listed under Fixed Rate programs, as well as, based upon credit risk.  No Origination Fee or additional basis points added to rates on 2^nd Home/Investment Property for TDECU Fixed Payment Adjustable Mortgage or TDECU 30 yr. Fixed Non-Conforming loan products.   Origination Fee may apply to Fixed Rate programs.

*APR = Annual Percentage Rate. Rates, terms and conditions subject to change without notice. Please call for current rates. Rate depends on your credit history and term of loan. Credit subject to approval.

Home Mortgages and Home Equity Loans are also subject to secondary market guidelines. Home Mortgages, Home Improvement, and Home Equity Loans available for Texas property only. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

An additional 50 basis points will be added to all published rates for loans in a 2^nd lien position (except for Home Improvement).

Fully Documented = Title Policy, Appraisal and Survey (as applicable).

Low Documented = Ownership & Encumbrance Title Search, and County Appraisal Value.

1/1 ARM, 2/1 ARM & 3/1 ARM rates are for new mortgage loans to TDECU only (these products are available for current mortgage borrowers at a slightly higher rate). 1/1 ARM, 2/1 ARM & 3/1 ARM loans are non-convertible.

Jumbo Loan amounts of $417,001 - $650,000 add 100 basis points to rates; over $650,000 add 200 basis points to rate for Fixed Rate products.  1/1 ARM, 2/1 ARM & 3/1 ARM loan products available for Jumbo Loans at listed rates.

Origination fee may apply to certain programs.

TDECU 08/28/08