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.
Take advantage of TOPCU’s Limited-Time special on FIXED Rate Home Equity Loans. Click here to learn more.
Home Loan Rates
|Type/Term||APR as low as||Payment per $1,000 Borrowed**|
|Fixed-Rate Home Equity Loan (Second Mortgage)
|Variable-Rate Home Equity
Line of Credit (HELOC)**
APR = Annual Percentage Rate. *Subject to credit approval. **Based on up to 60& Loan To Value (LTV). Minimum payment is lessor of $50 or balance owed. All fees paid at closing; no additional transaction fees once funded. Rates are current as of April 19th, 2018.
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.
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%.
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
- Ryan Schief NMLS #1485040
- Jamie Hoyt, NMLS #525666
- Melanie Lefler, NMLS #1570869