TEMPE SCHOOLS CREDIT UNION
 YES, "YOU" CAN GET A MORTGAGE

 
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TEMPE SCHOOLS CREDIT UNION offers a variety of loan programs to meet your needs.

YES, "YOU" CAN GET A MORTGAGE
Even if You've had a Bankruptcy, Foreclosure, or other Credit Issues

Call the Credit Union today. 480.967.9475
 
10 Year Fixed Rate
15 Year Fixed Rate
20 Year Fixed Rate
25 Year Fixed Rate
30 Year Fixed Rate
5 / 1 Adjustable Rate Mortgage

10 Year Fixed Rate
Mortgage Insurance is required with down payment less than 20% of the Purchase Price or equity.

Term: 10 years   Maximum Amount: $417,000
 
Rates subject to change daily without notice.

15 Year Fixed Rate
Mortgage Insurance is required with down payment less than 20% of the Purchase Price or equity.


Term: 15 years   Maximum Amount: $417,000
 
Rates subject to change daily without notice.

20 Year Fixed Rate
Mortgage Insurance is required with down payment less than 20% of the Purchase Price or equity.


Term: 20 years   Maximum Amount: $417,000
 
Rates subject to change daily without notice.

25 Year Fixed Rate
Mortgage Insurance is required with down payment less than 20% of the Purchase Price or equity.

Term: 25 years   Maximum Amount: $417,000
 
Rates subject to change daily without notice.

30 Year Fixed Rate

Mortgage Insurance is required with down payment less that 20% of Purchase Price or equity.

Term: 30 years   Maximum Amount: $417,000

5 / 1 Adjustable Rate Mortgage

Interest rate is fixed for the first 5 years and will then change yearly for the remaining 25 years.
After the 5th year the interest rate may go up a maximum of 2% over the starting rate and every year thereafter. However, the interest rate will never go higher than 6% over the initial starting interest rate.
Call the Credit Union for further details.
Mortgage Insurance is required with down payment less than 20% of the Purchase Price or equity.

Lowest start rate requires a minimum middle credit score of 620 and verifiable income for the past 2 years.

Term: 30 years   Maximum Amount: $417,000
 
Rates subject to change daily without notice.



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $10,000. Your actual APR may be different depending upon these factors.