Family posing for a photo in front of their new home

Purchase a Home

Our experienced team knows how to open doors


Buying a home is a big moment in anyone's life. At Transcend Credit Union, our goal is to help make it a happy one. You can count on the Transcend team to explain all of your loan options, highlight the important details, and help you decide on a loan that works for your current and future finances.

 

Adjustable-Rate Loans

Transcend 5/5 Rate Relief Home Loan
 

  • Zero Prepayment Penalty
  • Up to 95% Financing
  • Below Market Rates
Term:
5 Year Adjustable with 30 Year Amortization


Down Payment:
5%

The 5/5 ARM rate adjusts every 5 years. 5/5 ARM Repayment Example: $100,000 financed at 5.99% annual percentage rate (APR) with a term of 360 months would result in a principal and interest payment of $598.91; if the rate were to adjust to 7.99% APR, 360 payments at $733.07; if the rate were to adjust to 9.99% APR, 360 payments at $876.84; if the rate were to adjust to the cap of 11.99% APR, 360 payments at $1027.85. Payments do not include amounts for taxes and insurance premiums and the monthly payment obligations will be greater if taxes and insurance are included. The principal and interest portion of your payment may be higher at the beginning of each new ARM term based on market conditions. Loans must be for a primary residence, in first lien position. Additional conditions and restrictions may apply.


Fixed-Rate Loans

Transcend Make Your

Move Loan

 
Rates
 
  • Zero PMI
  • No Closing Costs
  • Fixed Rate Loan
  • Cash Options Available
Term:
10 to 30 year


Max Loan to Value (LTV):
95%

Loans must be for a primary residence, in first lien position. Borrower debt to income ratio may not exceed 38%. Lowest quoted rate requires a maximum loan to value (LTV) of 80%. Additional conditions and restrictions may apply.

 

Conventional Loans

 
Rates

 
  • Fixed Rate Loans
  • No Prepayment Penalty
  • Wide Range of Options Available
Term:
10 to 30 year


Down Payment:
3% Minimum

 

Contact Us


Transcend Credit Union and its employees who are Mortgage Loan Originators are registered in the Nationwide Mortgage Licensing System (NMLS). Their identification numbers are as follows:


Transcend Credit Union                         456634
Carrie L. Schneidtmiller                         874672
Shauna C. Woodruff                              1673798
William James Schuhmann                 1722838
Matthew R. Holbrook                            434710 
Aferdita Stopher
1433107
Aliani Viva Hernandez                         1221053 Dana Suell                                                  476931

*APR= Annual Percentage Rate. APR does not include items such as prepaid interest, optional owner's title insurance, and optional escrow services, which could increase the effective APR. All loans subject to credit approval. Rates are based on evaluation of credit history, loan-to-value, and loan term, so your rate may differ. All rates, terms, and conditions are subject to change at any time without notice. Many of these programs carry discount points which may impact your rate. Other restrictions may apply. Payment example: $100,000 mortgage for a term of 360 months (30 years) at rate of 7.00% APR will result in a monthly payment of $665.31. Payments do not include amounts for taxes and insurance premiums and the monthly payment obligation will be greater if taxes and insurance are included, and an initial member deposit may be required if an escrow account for these items is established.












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