20 year fixed mtg

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  It is easy to find the mortgage that is right for you at Tulsa Federal Credit Union.

We offer fixed and adjustable rate plans with terms from 15 to 30 years.

All loans are subject to credit approval. Tulsa Federal Credit Union is an equal housing lender.

    Tulsa Federal CU offers:

First Mortgage Program

First Time Home Buyer

Home Equity

Unimproved Land

Mobile Home with Land Program

                   

 First Mortgage Program

Mortgage rates are currently at an all-time low making this a perfect time to purchase your dream home, refinance your current home to fund a remodeling project or simply refinance to reduce your interest rate. Let your Credit Union provide the best possible member experience while guiding you through the mortgage loan process.  Choose from several Tulsa Federal CU loan plans, including 10, 15, 30 year terms with low fixed or variable interest rates and low closing costs.  It is easy to find the mortgage loan that is right for you at Tulsa Federal Credit Union.   For more information, please contact a mortgage professional at 918-610-0200 or email us at realestate@tulsafederalcu.org.

 If you would like to apply for a Tulsa Federal CU first mortgage loan, please print the forms listed below. Please complete and sign the General Authorization, Loan Processing Authorization and Agreement, and the Fannie Mae 1003.  Please use the mortgage checklist to collect the most common documentation that we might request to process your home loan application. You will need Adobe Reader to open and print the forms, if you do not have Adobe Reader, click here to install it for free.  You may mail the application to Tulsa Federal Credit Union, P.O. Box 267 Tulsa, OK 74101 or visit our main branch located at 9323 E 21st Street, Tulsa, Oklahoma.

Mortgage Checklist
General Authorization
Loan Processing and Agreement
Tulsa Federal CU 1st Mortgage Loan Application Form (Fannie Mae Form 1003)

First Time Home Buyer

Tulsa Federal CU First time Homebuyer Program is a great alternative to traditional FHA financing with Low rates, no down payment and no PMI insurance required. Please contact a Mortgage professional at Tulsa Federal CU to request preapproval for your new home purchase, and start the home buying process with confidence.

  • Low fixed rate
  • 20 year term
  • No down payment
  • Maximum contract price of $150,000
  • Existing Home constructed in a platted subdivision only
  • No mobile, modular, manufactured, log homes or metal constructed homes
  • Owner occupied only
  • No Private Mortgage Insurance (PMI) required

Home Equity

Put the equity in your home to work for you with a Tulsa Federal CU home equity loan for home improvements, education, major purchases, traveling, debt consolidation or just about any other reasonable purpose. 

  • The market value can be determined by a current appraisal report or by the current gross assessed value as determined by the County Assessor’s office.
  • Your maximum available loan amount is 90% or 100% of the current market value depending on which method of valuation was provided.
  •  Tulsa Federal CU home equity loan programs feature fixed rates and fixed repayment terms up to 15 years.
  • Home equity loans are not available for manufactured homes.

Unimproved Land Program

Purchase the land where you will someday build your dream home, or refinance the land that you have already purchased. 

  • The market value can be determined by a current appraisal report. 
  • Your maximum available loan amount is 80% for unplatted property and 90% for platted property.
  • Unimproved land loans feature fixed rates and fixed repayment terms up to 15 years.
  • Unimproved land must have access to all public utilities and be accessible by a paved public street.

When you are ready to build your dream home, Tulsa Federal CU provides interim financing for New Construction.

Mobile Home with Land Program

Purchase the Mobile home that has already set up and is move in ready, or refinance the Mobile home and land that you have already purchased.

  • The market value can be determined by a current appraisal report.
  • Your maximum available loan amount is 90% of the appraised value.
  • Mobile home with land loans feature fixed rates and fixed repayment terms up to 15 years.
  • Mobile home with land loans must have access to all public utilities and be accessible by a paved public street.

 

Contact a mortgage professional at 918-610-0200 for information regarding current interest rates, repayment options, and closing costs.

 

*Subject to credit approval.

 Rates are subject to change without notice.

 Tulsa Federal Credit Union is an equal housing lender.

 Property must be located in the state of Oklahoma.

 Improved property must be owner occupied.