|Construction||1st||12 Months||Call for rates||80%|
|Five-Year Adjustable Rate Mortgage||1st||15-30yr||Call for rates||80%|
|(5 Yr ARM also available for First Time Home Buyer)||1st||15-30yr||Call for rates||90%|
| ||1st||15-30yr||Call for rates||95%|
|Fixed 15yr Balloon Amortized over 30yrs||1st||15-30yr||Call for rates||95%|
|Fixed Five Year||1st||5yr||Call for rates||80%|
| ||1st||5yr||Call for rates||90%|
| ||1st||5yr||Call for rates||95%|
| ||2nd||5yr||Call for rates||80%|
| ||2nd||5yr||Call for rates||90%|
|Fixed Ten Year||1st||10yr||Call for rates||80%|
| ||1st||10yr||Call for rates||90%|
| ||1st||10yr||Call for rates||95%|
| ||2nd||10yr||Call for rates||80%|
| ||2nd||10yr||Call for rates||90%|
|One-Year Adjustable Rate Mortgage||1st||15-30 yr||Call for rates||80%|
| ||1st||15-30 yr||Call for rates||90%|
| ||1st||15-30 yr||Call for rates||95%|
** All rates and terms are subject to change.
First Time Home Buyers
Y-12 Federal Credit Union schedules three to four mortgage seminars throughout the year. They are beneficial to first time home buyers as well as those interested in buying land or doing cash-out refinances. This seminar is also helpful for previous home buyers looking to purchase a new home.
For more information on how this product works and its benefits, please call our Mortgage Department at (865) 481-4974. A loan officer will gladly help you determine if this product is right for you.
We will finance up to 80% of purchase price or appraised value (whichever is less) up to 15 years.