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Pick a Rate and
ProgramTucson Federal Credit Union offers a
full range of mortgage programs. We recommend you select
from our list of basic programs, shown below. You can
also choose from our complete list of mortgage
options - all offered at the most competitive
interest rates. Our mortgage specialists are available
by phone or email to answer any questions you might have
| Program |
Rate |
APR (1) |
Disc. Pts. (2) |
Orig. Pts. (3) |
Max Amt. |
% Down |
LTV(%) (4) |
Type |
|
30 Year Fixed
|
6.875 |
7.015 |
0 |
1.000 |
275,000 |
10 |
90 |
Owner-Occ./
Non
Owner-Occ. |
|
15 Year Fixed
|
6.375 |
6.515 |
0 |
1.000 |
275,000 |
10 |
90 |
Owner-Occ./
Non
Owner-Occ. |
|
Jumbo Loan 30-Year
|
7.250 |
7.390 |
0 |
1.000 |
500,000*** |
10 |
90% |
Owner-Occ./
Non
Owner-Occ. |
|
Jumbo Loan 15-Year
|
7.000 |
7.140 |
0 |
1.000 |
500,000*** |
10 |
90% |
Owner-Occ./
Non
Owner-Occ. |
Rates posted Friday, March 2, 2001 at 8:42 am ct.
(Rates subject to change without notice)
Current rates apply to qualified
applicants only.
(1) APR - Annual Percentage Rate
(2) Disc. Pts. - Discount Points
(3) Orig. Pts. - Origination Points
(4) LTV% - Loan-to-Value Percentage
*** to ask about higher loan
amounts.
30 Year Fixed Rate
MortgageThe interest rate and payment stay the same
for the entire term of the loan. This mortgage offers
the lowest monthly payment while protecting you against
interest rate increases.
15 Year Fixed Rate
MortgageJust like a 30-Year Fixed Rate Mortgage,
the payments on the 15-year mortgage remain the same for
the term of the loan. Since the term is half as long as
a 30-year mortgage, your payments are higher. This is a
better mortgage: your equity builds faster and you spend
significantly less on interest. This loan may be viewed
as a "forced" savings account.
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Questions? - call 520-795-8520 - fax 520-320-0715
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