Teachers Second Home Financing
Fixed or Adjustable 5/6, 7/6, 10/6
New York, New Jersey, Florida, Pennsylvania, N. Carolina, & S. Carolina
A second home is defined as a single family residence located a reasonable distance away from the primary residence that the owner occupies from time to time that does not derive rental income.
- Maximum loan amount: $806,500
- Purchase and Refinance
Fixed Term
- 10-30 years
Adjustable Terms
- 30 year term only
- 5/6 ARM, 7/6 ARM, 10/6 ARM
Rate Lock-Ins and Rate Buy-Downs Available
ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE.
Membership required, $1.00 minimum regular savings account is required at or prior to account opening.
Primary Residence and Second Home products are available, subject to specific terms in the following states: NY, AR, CA, CO, FL, GA, MA, MD, NC, NJ, OR, PA, SC, TN, WA. Investment properties in the aforementioned states available only as a first mortgage.