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Make Home Happen

Make Home Happen

Flexible mortgage options for every buyer.

We Are Here to Help

Start the approval process online, or reach out to us in one of the following ways:

Home Is Closer Than You Think

When it feels like the right time for a new home — or a new start — we’re here to help. Plus, our professional mortgage loan experts make it quick and easy with fast closings and helpful guidance toward the option that feels right for you.

Selecting the Right Home Loan for You

One of the most important steps in buying a home is choosing the right mortgage. We offer a range of exclusive loans to fit your unique needs.

 

HELOC 1st Lien

Tap into your home’s equity with a flexible HELOC. Borrow what you need, when you need it, for home projects, debt consolidation, education expenses, and more.

7.75%

Interest Rate

7.81%

APR2

30 Year

Term

 

Conventional 30-Year Fixed

This loan type is the most common, with a fixed interest rate and payments spread over 30 years. Even if rates rise, your payment will remain the same.

7.00%

Interest Rate

7.12%

APR2

30 year

Term

 

Easy in 30 Purchase Fixed

A 30-year fixed rate loan with no down payment requirements.

7.63%

Interest Rate

7.68%

APR2

30 year

Term

Other Loan Options

Conforming 15-Year Fixed

A fixed-rate loan with payments spread over 15 years. You pay more each month, but you build equity quickly and spend less in interest over the life of the loan.

Interest Rate

6.63%

APR2

6.77%

Primary Home 10/1 ARM

An adjustable rate primary residence loan that offers a fixed rate for the first 10 years of the loan term. Amount starting at $85,000.

Interest Rate

7.00%

APR2

7.10%

Condominium 10/1 ARM

An adjustable rate condominium loan that offers a fixed rate for the first 10 years of the loan term.

Interest Rate

7.25%

APR2

7.36%

Amount

Starting at $85,000

Jumbo 7/1 ARM

An adjustable rate loan to purchase or refinance a luxury home. Also available as a home equity loan. Offers a fixed rate for the first 7 years of the loan term.

Interest Rate

6.88%

APR2

6.93%

Amount

Starting at $832,750.00

Government Loans

FHA 30-Year Fixed

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

Interest Rate

6.63%

APR2

8.23%

VA 30-Year Fixed

A low-interest rate loan guaranteed by the Veterans Administration for veterans and active service members. Benefits include relaxed credit requirements, no or low down payment, and no private mortgage insurance.

Interest Rate

6.63%

APR2

6.97%

The Home-Buying Process

Let’s start with an overview of the major steps of applying for a home loan.

Compare Rates and Loans

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

Get Pre-Qualified

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

Find a Home

Now that you know how much you can borrow, start looking for houses in your price range.

Submit Application

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

Mortgage Calculator

Tips to Avoid Paying Closing Costs

Closing costs can be a major expense on top of your down payment, often totaling thousands of dollars. These additional fees can include appraisals, inspections, loan processing fees, and title searches. Here are some ways to help you cut down your closing costs:

Negotiate With the Seller

If the seller is motivated to see the deal go through, you may be able to negotiate with them to pay the closing costs. 

Check with HUD

Your local office of Housing and Urban Development might be able to provide assistance.

Talk to a Mortgage Loan Advisor

Credit unions like TDECU have a range of home loan options to minimize closing costs.

What to Expect When Buying a Home

Ever wonder what happens in the 30 days between applying for a loan and closing on a house? Download our Home Financing Roadmap to discover what happens during each step of the process.

Ready to get started?

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

100% financing available on certain loans. Certain terms and conditions may apply. TDECU Membership required. See TDECU for complete details.

APR = Annual Percentage Rate

Rates, APRs, and terms are subject to change without notice and are subject to credit approval, income and asset verification, and property eligibility requirements. Property insurance is required. Flood insurance may also be required depending on the location of the property. Additional fees, closing costs, and escrow requirements may apply.

Rate assumptions: Advertised rates assume a $350,000 loan amount, 80% CLTV, owner-occupied single-family residence, 740+ FICO score, and a 30-year conventional fixed-rate cash-out refinance. Actual rate, APR, payment, and terms may vary based on credit qualifications and loan characteristics (including loan amount, loan-to-value, product, and occupancy).

Repayment example: A $350,000 loan with a 30-year fixed term at 7.13% interest rate and 7.19% APR has a monthly principal and interest payment of $2,359.54. Taxes, insurance, and escrow amounts are not included; actual payment obligations will be higher.

Adjustable-rate mortgage (ARM) disclosure: ARM rates and payments may increase after the initial fixed-rate period.

Texas home equity products: Home equity loans and lines of credit are available only on eligible Texas homesteads and are subject to credit approval. Total debt secured by a homestead may not exceed 80% of the property's fair market value. HELOC APRs are variable and may increase or decrease over time. Texas home equity loans are subject to a 12-day waiting period and a three-day right of rescission.

Consult your tax advisor regarding the deductibility of interest.

Equal Housing Lender.

For complete loan terms and eligibility requirements, contact TDECU Mortgage at (877) 774-2657.