Specialty Loans
Construction, Home Improvement, Investment Property, Land. Pool, Second Home Loans and more
We are ready for you!
Start the approval process online, or reach out to us in one of the following ways:
- Download our Mortgage Simplified app.
- Give us a call - (877) 774-2657.
- Schedule an appointment.
- Message us through our secure online form.
We have a specialty loan to fit your needs
Mortgage loans are not just for buying homes. Whether you are buying a piece of land, building a new home, tackling renovations or home improvements, or putting in the pool you have always dreamed of, you need a loan tailored to your unique situation.
We have a variety of specialty solutions to meet your lending needs. Talk to a TDECU Mortgage Loan Advisor to find a loan that is right for you.
These loans are built for the job
TDECU offers specific loans to help you buy land, build, or improve your property — with terms to help you toward your goal.
Pool Loans
A fixed-rate loan for up to a 20-year term, with the option to finance closing costs.
11.38%
Interest Rate
11.51%
APR
$50,000 - $100,000
Amount
Construction-to-Permanent
Mortgage
Converts to a permanent mortgage when your house is complete. Interest payments only during the construction phase, option to include lot purchase and one-time closing costs.
6.63%
Interest Rate
6.73%
APR
$85,000 - $750,000
Amount
Land Loan 7/1 ARM 2
Loan for purchasing a lot in town or acreage for recreational purposes. Available for land with or without improvements. Offers a fixed rate for the first 7 years of the loan term.
10.50%
Interest Rate
10.68%
APR
Starting at $50,000
Amount
Home Improvement Loan
Ready to take on that renovation? We can provide you with financing options that will fit your financial goals. If you want to make home improvements without getting a mortgage, a Home Advantage Personal Loan might be right for you.
Land Loan 15-Year Fixed
Whether you are purchasing a lot in town or acreage for recreational purposes, we can help you find the best loan to meet your needs.
Interest rate as low as
10.75%
APR1 as low as
11.02%
Amount
Starting at $50,000
Second Home 10/1 ARM
An adjustable rate loan that supports the purchase of a second home. Offers a fixed rate for the first 10 years of the loan term.
Interest rate
9.50%
APR
9.58%
Amount
Starting at $85,000
Investment Property 10/1 ARM
An adjustable rate loan that supports the purchase of an investment property. Offers a fixed rate for the first 10 years of the loan term.
Interest rate
9.50%
APR
9.60%
Amount
Starting at $85,000
Ready to get started?
We are ready for you! Start the approval process online, or reach out to us in one of the following ways:
- Start the application - Download our Mortgage Simplified app.
- Give us a call - (877) 774-2657.
- Schedule an appointment.
- Message us through our secure online form.
1 APR = Annual Percentage Rate
2 ARM = Adjustable Rate Mortgage
All loans are subject to credit approval. Rates, terms, and conditions are subject to change without notice and may vary based on creditworthiness, loan amount, property type, and other qualifying factors. Rates may include up to 1 discount point and assume an owner-occupied, single-family home, 80% loan-to-value (LTV), and a FICO score of 740 or higher. Standard origination fees may apply.
Terms of Repayment ARM Example: A $350,000 loan with a 8.986% APR and 20% down payment results in a monthly principal and interest payment of $2,250.12 for 30 years. The interest rate is fixed for the first 10 years and adjusts annually thereafter based on the Constant Maturity Treasury (CMT) index. Rate adjustments may increase up to 2% annually, with a lifetime cap of 6%. ARM rates are variable and may increase after the fixed-rate period.
Terms of Repayment Fixed-Rate Example: A $350,000 loan with a 6.715% APR and 20% down payment results in a monthly principal and interest payment of $1,809.57 for 30 years.
Payments shown do not include taxes or insurance. Actual monthly obligations will be higher.
TDECU does business in accordance with the Federal Fair Housing Act and the Equal Credit Opportunity Act. Additional restrictions and conditions may apply. For more information, contact TDECU Mortgage at (877) 774-2657.
3 Our financial calculators are provided as a free service to our Members. The information supplied by these calculators is from various sources based on calculations we believe to be reliable (but are not guaranteed, explicit or implied) regarding their accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes and are not intended to provide investment advice. TDECU does not accept any liability for loss or damage whatsoever, which may be attributable to the reliance on and use of the calculators. Use of any calculator constitutes acceptance of the terms of this agreement. TDECU recommends you find a qualified professional for advice with regard to your personal finance issues.