Ready to start your home-buying journey? We offer loans for unimproved land purchases. Your qualification for a mortgage loan is based on your ability to make monthly payments (assuming the minimum down payment and closing costs are covered). Please contact us for details. Abilene Teachers FCU is associated with CU MEMBERS Mortgage, a Dallas-based company that handles our mortgage loan applications and subsequent mortgage loan servicing. Must meet membership and credit requirements. In the event of your death, your credit union loan is insured - subject to terms, conditions and eligibility criteria - at no direct cost to you. The current annual percentage rate is 10.00% with a maximum 10 year term. The decision to grant a loan will take into account your record of savings and loan repayments, as well as your ability to repay. Teachers' Credit Union Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Programs, rates, terms and conditions are subject to change without notice. We offer several online tools to get the home buying process started. At Abilene Teachers Federal Credit Union, our Mortgage Specialists can make your move an easy one. For loan amounts of $300,000 and above the borrower will be responsible for all closing costs. Whether it's your first home or your fifteenth, we'll help you decide on the financing choice that is best for you. We specialise in providing a great place for savings and loans in our community. Credit unions are another option when looking for a mortgage lender. We also consider your credit history, household income and the appraised market value of the home you are purchasing. Your application is treated in the utmost confidence and will be considered on its own merits. With rates still near historic low levels, it’s likely that you may be able to save significantly. Here are the pros and cons of getting a mortgage from a credit union. Our standard loan rate of 8.19% means you can borrow at a reasonable rate of credit compared to other financial providers - Compare the real cost of a credit union loan with that of other financial institution, take into account our advantages, and we think that you will agree that you are better off talking to Teachers’ Credit Union. An external site’s privacy policy may differ from Evansville Teachers Federal Credit Union's. We offer first mortgages and mortgages for second or vacation homes. The Loan Process . There are closing costs and down payment requirements on this type loan. We specialise in providing a great place for savings and loans in our community. You can complete online loan applications from start to finish without visiting our office using our DocuSign feature. For questions, please send an email to mortgages@abileneteachersfcu.org or call us at 325-677-2274 or 800-677-6770. Teachers' Credit Union is a not for profit financial institution. We offer first mortgages and mortgages for second or vacation homes. Every credit union is owned by its members, the people who save with it and borrow from it. At Teachers’ Credit Union we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay. Borrow £800 over 18 months, repay £47.28 per month, total amount payable (including interest of £50.96) is £850.96. Please click the link below for further information. Closing costs may apply. Auto & Consumer Loans. Loan Approval . We provide local support for our members throughout the home buying journey while our associates are responsible for the majority of the process. At Abilene Teachers Federal Credit Union, our Mortgage Specialists can make your move an easy one. Established in 1965, Teachers' Credit Union is proud of its heritage and continues to be governed by our members and voluntary Board of Directors. Established in 1965, Teachers' Credit Union is proud of its heritage and continues to be governed by our members and voluntary Board of Directors. Evansville Teachers Federal Credit Union - We ... Offer available for new primary mortgage loans and mortgage loans already established at ETFCU when refinanced with at least $10,000 new money. Auto Loan; Boat Loan; Education Loans; Energy Assistance Loan; Holiday Loan; Home Equity; Lease-Like Auto-Financing; Mortgages; Motorcycle Loan; Personal Loan; PV/Solar Loan Program; RV Loan; Secured Loan; Short Term, Small Amount Loan; Teachers' Advantage Line of Credit; Vacation Loan; Credit Cards.