WE'LL PAY YOUR APPRAISAL! [Exclusions Apply]
Home Loans
At TVFCU, we are committed to helping you reach your homeownership goals. Whether you’re a first-time buyer, looking to refinance, or are purchasing a second property—we’re here to facilitate the process.
Our experienced team of mortgage originators is well-versed in the local real estate market and can guide you as you explore mortgage rates and dig into your mortgage application to find the ideal financing solution just for you!
Your Path to Home Sweet Home
Home Purchases
Do you have your eye on that dream home but need help figuring out how to finance it? Or maybe you’re looking to buy a secondary vacation home in Chickamauga but want to make sure you can truly afford it.
Not to worry—our mortgage originators can help you sort through it all so that you make a financially sound purchase.
Home Refinance
Refinancing might sound a little daunting, but our skilled team members are equipped to explain the process, offer a competitive interest rate, and help you with the paperwork. We’ll make refinancing simple and easy for you.
VA Loans
Specifically for veterans, active duty service members, and eligible surviving spouses, our VA loans are designed to ensure that those who have served our country have a place to call home.
Provided by the U.S. Department of Veterans Affairs, these loans offer unique terms such as no down payments and competitive interest rates—making homeownership more accessible to this very deserving group. TVFCU is proud to assist our country’s servicemen and women in attaining VA loans so that they can secure affordable homes for their families.
Tennessee Valley Federal Credit Union Mortgage Loan Benefits
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Attractive Rates: Our mortgage loans come with competitive interest rates so that you can obtain the perfect home without breaking your bank account.
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Pre-qualification: We offer pre-qualification, which means you’ll secure financing more easily.
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Wide Range of Terms: TVFCU provides both fixed-rate and adjustable-rate mortgages to suit the different needs of our members.
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Local Underwriting: Our underwriting and processing is done locally, making the process faster and easier for you. What’s more, you won’t be in this alone—our knowledgeable mortgage originators are ready to walk with you through the process, every step of the way.
It’s Easy to Open an Account
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Apply Online: Click the below button to apply online or use tvfcuLIVE Stream to video chat with a member representative and get started.
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Give Us a Call: You can always call us at 423.634.3667 with any questions or to request more information.
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Explore Our Resources: If you want to learn more about credit union home loans before applying, we provide a wide range of resources.
“I have been a member of TVFCU for many many years. To me this is the best relationship I’ve ever had before with any institution I have banked it. They are very friendly and helpful in any type of situation you may come across. Myself, I would not bank at any other place. Thank you TVFCU.”
Donna F., Hixson, TN
OR
Tennessee Valley Credit Union Home Loan FAQs
Is a mortgage the same as a home loan?
Yes, a mortgage is a loan you get from a credit union or bank specifically for the purpose of buying a home.
What is pre-qualification?
Pre-qualification is an estimate that your mortgage advisor makes of your ability to buy a home. It’s based on your credit score and other financial details. Pre-qualification can help you figure out which type of loan would be best for you and possibly how much of a loan you’re likely to qualify for.
What is a down payment?
A down payment is cash that you provide to pay for the home. When you take out a home loan, you’re asking a financial institution to loan you the money to pay for the remaining cost of the home.
Are there fees that come with applying for and obtaining a mortgage?
Yes. While they might vary or be named slightly differently depending on the lender, these are typical fees associated with mortgages:
- Origination fee
- Document preparation fee
- Administrative fee
- Appraisal fee
- Application fee
- Home inspection fees
- Credit report fee
How do I figure out how much I can afford to pay for a home?
TVFCU’s mortgage originators can help you determine what is a realistically affordable price for a home, taking into account your down payment, mortgage loan, mortgage interest rate, taxes, and insurance.
TVFCU: Choose Your Local Lender
Founded as a not-for-profit financial cooperative in Chattanooga, Tennessee in 1936, TVFCU is a credit union that lives by the promise of “people helping people.” We are driven to serve our members and provide affordable financial services and products to make their lives better.
You’re eligible to become a member of TVFCU if you live, work, worship, volunteer, or attend school within our 17-county community. Additionally, immediate family members of existing members are eligible, and businesses and organizations that are located in, or do business in, our 17-county community are also eligible for membership.
If you meet that criteria, just apply for membership here. Once a member, you can apply for a mortgage by clicking the orange button below. Why wait? Get started today!
How to Reach Us for More Help
Other Products That Might Interest You
- Home Equity Loans: Perhaps you’ve been wanting to renovate your kitchen or add a new deck to your home. A home equity loan provides you with the funds to make improvements and upgrades to your home.
- Construction Loans: If you want to build a house from scratch, we are thrilled to offer construction loans to make your vision become a reality.
- Commercial Real Estate Loans: Let us help you build, buy, or refinance a property to be the home base of your business enterprise with one of our commercial real estate loans.
With the growth of TVFCU Mortgage, we have made the strategic decision to begin working with TruHome Solutions to help service TVFCU first and second mortgage, as well as land loans. TruHome Solutions will begin servicing first and land loans beginning on Sunday, May 1, 2022.
Please contact TruHome Solutions Member Services by phone 855-671-7197 or visit the servicing website.
Tennessee Valley Federal Credit Union NMLS #460298
Federally insured by NCUA | Equal Housing Opportunity