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Home Loans

TOPCU knows that buying a home is one of the biggest financial decisions of your life! We are here to help with friendly, knowledgeable service and a variety of products designed to help you achieve the dream of home ownership. We’ve assembled a team of lending specialists who can walk you through each step of the home loan process with confidence and ease. We also ensure that our home loan products are best suited for your specific needs.

Home Loan Rates

Type/Term APR as low as Payment per $1,000 Borrowed**
First Mortgages Centennial Lending

Fixed-Rate Home Equity Loan (Second Mortgage)

 

 

  • $25,000 Minimum 
4.25%* $10.24/month

Variable-Rate Home Equity
Line of Credit (HELOC)**

  • $25,000 Minimum 
  • First Advance $10,000 Minimum
  • Subsequent Advance Minimum $50
4.00%* $10.12/month

APR = Annual Percentage Rate. *Subject to credit approval. **Based on up to 60% Loan To Value (LTV) and first lien position. Minimum payment is lessor of $50 or balance owed. Applicant responsible for all fees. Fixed-Rate Home Equity Loan monthly payment estimate based on 10-year term. Variable-Rate Home Equity Line of Credit monthly payment based on 10-year term.  Rates are current as of October 22nd, 2020.  

Centennial Lending Logo

For First Mortgage Loans – Centennial Lending

TOPCU is proud to have partnered with Centennial Lending, a credit union-owned service corporation. Centennial serves as the processor and servicer for TOPCU mortgage loans. And, while the online application is processed through Centennial, TOPCU is still here to help you along the way.

Current Centennial Mortgage Rates

Fixed-Rate Second Mortgages

A second mortgage, also known as a home equity loan, is secured by the home or property. There can be various reasons to take out a second mortgage, such as paying off debts, financing home improvements, or college expenses. TOPCU’s second mortgages have a fixed rate and repayment schedule.

Home Equity Lines of Credit (HELOC)

HELOCs offer members flexibility to access the equity in their home as a revolving line of credit.

  • 5-year draw period
  • No annual fee
  • Variable rates adjust annually

Rate increases are capped at 2% per year, with a maximum increase of 5% above the initial rate over the term of the loan. For example, if the initial rate is 4.25%, the maximum rate would cap at 9.25%. 

Photo of desert home with saguaro and landscaping
Photo of cactus garden on the side of desert home

SAFE ACT Disclosure

In accordance with the Secure And Fair Enforcement for Mortgage Licensing Act (S.A.F.E. ACT) please find the list of registered Mortgage Loan Originators with their unique identifiers:

  • Tucson Old Pueblo Credit Union NMLS # 441750

NMLS ID

Last Name

First Name

Branch

1803981

Cooper

Vanessa

EBB

1975818

Escarcega

Gabrielle

EBB

1975869

Sproule

Makayla

EBB

1975787

Wilson

Nicki

EBB

1784005

Acosta

Benjamin

Main

1980009

Arvizu Ramirez

Ruth

Main

1972606

Burruel-Elias

Angelica

Main

1444417

Garcia

Heber

Main

1975939

Franco

Anthony

Main

525666

Hoyt

Jamie

Main

801004

Krapf

Kenneth

Main

1570869

Lefler

Melanie

Main

2005009

Reyes

Anthony

Main

1485040

SCHIEF

RYAN

Main

1051826

Schmell

Michael

Main