RATES AS LOW AS THE FOLLOWING***:  
(EFFECTIVE February 18, 2011)

LOANS

ANNUAL
PERCENTAGE
RATE (APR)***

Approximate
Repayment
Period
(months)

First Mortgage

Call a TSCU Representative for current
First Mortgage rates at 480-784-1786

Fixed Rate 2nd Mortgage

Payment calculated on 180 month amortization
Loan due in 84 months.

80% Loan to Value (LTV)

5.25%

180 Months

Home Equity Line of Credit (HELOC) – Variable Rate loans floats with the Prime Rate

80%Loan to Value (LTV )

4.00%

1.25% of Balance / minimum of $125 per month

Rates subject to change without notice. Please call our Mortgage department at 480-784-1786 for current rates.

HELOC's have a 10 year draw period followed by a 10 year repayment period with minimum payments required of the lesser of 1.25% of balance or $125 per month. Payments may include principal and interest. HELOC loans contain a variable rate feature and the annual percentage rate may change as a result. If the annual percentage rate increases, you may make more payments and higher payments. The minimum Annual Percentage Rate for an 80% LTV loan will never be less than 4.00%. Maximum loan rate will not exceed 18% APR.

PAYMENT EXAMPLES: Tempe Schools Credit Union will loan up to 80% of the value of your home and property. 7.50% Annual Percentage Rate / 15 Year Term = 180 Monthly Payments of $12.54 per $1,000 borrowed. HELOC's are 10 year draw, 10 year repayment period.

All loans subject to credit approval. Additional terms and conditions, fees and charges, may apply.

Tempe Schools Credit Union is a Fair Housing Lender.

The Federal Equal Credit Opportunity Act prohibits credit unions from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or because all or part of the applicant's income derives from any public assistance program.

*** All rates shown are the credit union's lowest possible rates for well qualified borrowers. Rates may be higher after underwriting criteria has been reviewed.