Maximum loan amount: $417,000
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Maximum loan to value ratio:
- 80.01% to 95% add .50% to the posted fixed rate
- up to 80% add .25% to the posted fixed rate
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Purchase and Refinance*
* Additional rate adjustments may apply depending on Loan to Value and Credit Scores.
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Term:
- 20, 30, 40 years
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Closing Costs Paid by TFCU:
- Appraisal Fee
- Underwriting Fee
- Private Mortgage Insurance - First Year premium, if applicable
- Title Insurance, including searches
- Recording Fees
- Tax Service Fee
- Lender Attorney Fee
- Flood Insurance Fee
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Rate Lock-Ins:
- Closing rate is set 48 hours prior to closing if a lock-in has not been selected
- 30 day rate lock: ½ point, non refundable fee
- 60 day rate lock: 1 point, non-refundable fee
- 90 day rate lock: 1 ½ points, non-refundable fee
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Rate Buy-Downs
- 1 Point = ¼% Rate Reduction
- 2 Points = ½% Rate Reduction
- ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE.
