|APR1||Origination Fee||Max LTV|
Home Equity Line
12 month special rate
|12-month introductory rate. After which, rate changes indexed to prime based upon member’s credit score 2.||Waived||100%|
|Low, fixed rate balloon mortgages available. Payments based on an amortization schedule of up to 360 months with the balance due upon maturity. If amount exceeds 80%, the rate will increase by .25. Up to 90% LTV!||Waived||90%|
|Call for details||The interest rate is based on 80% Loan to Value for loans up to the maximum of $200,000. If the LTV exceeds 80% the interest rate shall increase by 0.25%||1%||80%|
Up to 5 years
From 6 to 12 years
|Call for details||Home Improvement and Bill Consolidation. These loans will be limited to $100,000. The combined LTV shall be set at 80% of appraised value. If amount exceeds 80%, the rate shall be increased by 0.25%||1%||80%|
15, 20, and 30 year term options on home loans are also available through the credit union. FHA loans are also available.
Trust Federal Credit Union’s Home Equity Line of Credit is only available on our member’s primary residence and is a single-family, owner-occupied home.
Please call 423-870-7610 for more details and information or...
1 Annual Percentage Rate. Rates are subject to change without prior notice.
2 Current prime as of 5/10/16 is 3.50%. Subject to change, call for more information
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