Taunton Federal Credit Union (TFCU) is one of the leading credit unions in Massachusetts, providing financial services to its members since 1965. For over 50 years, TFCU has been providing top-notch service to its members, offering competitive rates on mortgages, car loans, and credit cards. In 2023, TFCU is still offering its members some of the best mortgage rates in the industry.
TFCU’s Mortgage Rates in 2023
TFCU’s mortgage rates in 2023 are some of the most competitive in the Massachusetts area. The current mortgage rates for TFCU’s 30-year fixed-rate mortgage are as low as 4.25% APR for a loan amount of $200,000. The 15-year fixed-rate mortgage is even lower, with a rate of 3.75% APR for a loan amount of $200,000. TFCU is also offering adjustable-rate mortgages (ARMs) with an introductory rate of 3.50% for a loan amount of $200,000.
Benefits of TFCU’s Mortgage Rates
TFCU’s mortgage rates come with a variety of benefits. For one, TFCU offers a variety of repayment plans, allowing members to choose the one that best suits their needs. TFCU also offers a wide variety of loan types, including conventional, FHA, VA, and USDA loans. In addition, TFCU is willing to work with members to customize their mortgage payments to fit their budget. With TFCU’s competitive rates and flexible repayment plans, members can be confident that they are getting the best mortgage rates available.
How to Apply for a TFCU Mortgage
Applying for a TFCU mortgage is easy. The first step is to fill out an online application. From there, TFCU’s mortgage team will review the application and contact the applicant to discuss the various loan options available. Once the loan type and repayment plan are decided, the applicant will then be asked to provide additional information, such as income and assets. After the application is approved, the applicant will be asked to sign the final paperwork and make a down payment. After that, the loan will be funded and the applicant will have a mortgage from TFCU.
TFCU’s Mortgage Rates Compared to Other Financial Institutions
TFCU’s mortgage rates are some of the lowest in the Massachusetts area. When compared to other financial institutions, TFCU’s rates are usually much lower than the national average. In addition, TFCU also offers a variety of loan types, allowing members to choose the one that best suits their needs. With competitive rates and flexible repayment plans, TFCU is a great option for anyone looking for a mortgage in 2023.
TFCU’s Mortgage Services
In addition to competitive mortgage rates, TFCU also offers a variety of other services to its members. TFCU offers free financial counseling, free access to credit reports, and free access to financial education courses. TFCU also offers a variety of loan modification programs, allowing members to modify their loan if their financial situation changes. With TFCU’s mortgage services, members can be sure that they are getting the best possible deal.
Conclusion
When it comes to mortgages, TFCU’s rates are some of the lowest in the Massachusetts area. With a wide variety of loan types and repayment plans, TFCU is a great option for anyone looking for a mortgage in 2023. In addition, TFCU offers a variety of other services to its members, including free financial counseling and access to credit reports. With competitive rates and flexible repayment plans, TFCU is the perfect choice for anyone looking for a mortgage.
