Towpath Credit Union Mortgage Rates – 2023

Towpath Credit Union Better Business Bureau® Profile from


Towpath Credit Union is a financial institution dedicated to providing its members with exceptional service and products. Founded in the early 1970s, Towpath has grown to become one of the most respected credit unions in Ohio. With a wide variety of services and products, including mortgage loans, Towpath is committed to helping its members achieve their goals. In this article, we’ll discuss the current mortgage rates offered by Towpath Credit Union in 2023.

What are Towpath Credit Union Mortgage Rates?

Towpath Credit Union offers a variety of mortgage products to help its members finance their homes. The mortgage rates offered by the credit union vary depending on the type of loan, the term of the loan, and the borrower’s credit score. Generally speaking, the mortgage rates offered by Towpath are competitive with those offered by other lenders in the area. For example, the credit union offers 30-year fixed-rate mortgages with an interest rate of 3.25% (as of this writing).

What Other Factors Affect Towpath Credit Union Mortgage Rates?

The interest rate offered on a mortgage loan from Towpath Credit Union is determined by a variety of factors. The most important factor is the borrower’s credit score. Generally speaking, the higher the credit score, the lower the mortgage rate. Other factors that can influence the interest rate include the loan-to-value ratio, the size of the down payment, and the type of loan. For example, adjustable-rate mortgages typically have higher interest rates than fixed-rate mortgages.

What Other Services Does Towpath Credit Union Offer?

In addition to mortgage loans, Towpath Credit Union also offers a variety of other services. These services include savings accounts, checking accounts, investment products, and credit cards. The credit union also offers a variety of products and services tailored to the needs of its members, such as vehicle loans, home equity loans, and lines of credit. Additionally, Towpath Credit Union offers a variety of financial education courses and seminars. These are designed to help members better understand the financial decisions they’re making.

What is the Process for Applying for a Mortgage Loan at Towpath Credit Union?

Applying for a mortgage loan at Towpath Credit Union is a straightforward process. The borrower must first fill out a mortgage application form and provide the necessary documents. This includes financial information such as income, assets, and debts. Once the application is complete, the borrower must submit it to the credit union for review. Once the application is approved, the borrower will receive a loan offer with the terms and conditions of the loan.

What Other Documents Will I Need to Provide?

In addition to the mortgage application, the borrower must also provide other documents to the credit union. These documents include proof of income, such as pay stubs or tax returns, as well as proof of assets. The borrower may also need to provide proof of insurance and title documents. Finally, the borrower must provide proof of identity, such as a driver’s license or passport.

What Other Fees Should I Be Aware Of?

In addition to the interest rate, the borrower should be aware of other fees associated with the loan. These fees may include an origination fee, an application fee, and a closing cost fee. Additionally, the borrower may be responsible for an appraisal fee, a survey fee, and other miscellaneous fees. The borrower should also be aware of any prepayment penalties associated with the loan.


Towpath Credit Union is a great option for those looking to finance their homes. The credit union offers competitive mortgage rates and a wide range of services and products. Before applying for a loan, it’s important to understand the terms and conditions of the loan and to understand the fees associated with the loan. Knowing the terms and conditions and fees associated with a loan can help the borrower make an informed decision.

Salma Bunga Gita

Hi my name Salma Bunga Gita , call me Salma. I come from Bali Indonesia. Do you know Bali? The beautiful place in the world.

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