TUCOEMAS Federal Credit Union offers the Tulare County Community a variety of traditional and non-traditional mortgages. Whether you're in the market to purchase or refinance a home, TUCOEMAS, has a loan program that's right for you.
First Trust Deeds
Both 15-year adjustable rate (90% loan to value), and 15 and 30-year fixed rate (80% loan to value) owner occupied single family First Trust Deed loans are available. On adjustable rate loans, the interest rate will not increase more than 1% per change (6 months), 2% a year and will not increase more than 6% for the life of the loan.
Visit the Home Loan Center to learn more about your home lending options or apply online. You can also call (559) 737-5780 to speak directly with a home loan representative.
Second Trust Deeds
TUCOEMAS also provides adjustable rate (90% loan to value) and fixed rate Second Trust Deed (80% loan to value) loans. Members may apply for up to 90% loan-to-value (based on appraisal), on an adjustable, closed end loan, and can repay over 15 years (owner occupied only). A $100 application fee will apply.
Apply today by calling a loan representative at (559) 737-5780.
Home Equity Line of Credit
The Home Equity Line of Credit (HELOC) allows you to borrow against your home's accumulated equity without disturbing your savings or other investments. HELOC has a low interest rate and there are no loan-advance fees, annual fees, or points. Advances ($5,000 initial minimum, $100,000 maximum, $500 thereafter) can be requested online, through TellerPhone, or by calling the real estate department. Apply today by calling a loan representative at (559) 737-5780.
Note: You are responsible for fees such as title, appraisal, recording, flood determination, and realty tax service. TUCOEMAS finances owner-occupied, single-family units only.
All terms subject to change without prior notice.
