Last Updated: 04/18/2025
Together Credit Union First Time Home Buyer Mortgage
Unaffiliated
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Home Mortgage Loans
Filter & compare all your options in one place.
Highlights
Credit Score Range
N/A
Amount Range
N/A
No Origination Fee
Loan Term (Years)
7
Together Credit Union First Time Home Buyer Mortgage Review
Together Credit Union First Time Home Buyer Mortgage is offered by Together Credit Union (NMLS #401252), a credit union founded in 1939 and based in St. Louis, MO. Together Credit Union First Time Home Buyer Mortgage are available in 50 states and Washington, DC.
Key Takeaways
- Specializes in single-family homes. Only offers mortgages for single-family homes, but not for multi-family properties or manufactured homes.
- Standard interest rates types. Together Credit Union First Time Home Buyer Mortgage only offers adjustable-rate mortgages.
- Only primary residences considered. Together Credit Union First Time Home Buyer Mortgage does not offer financing for vacation homes or investment properties.
- No-closing-cost mortgages available. This option allows you to include the closing costs into the new loan, so you don't pay for these expenses upfront.
- Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
- No origination fees. Together Credit Union First Time Home Buyer Mortgage does not charge fees for processing your application.
- High maximum LTV ratio. Together Credit Union First Time Home Buyer Mortgage has a maximum loan to value ratio of 100%, which is higher than average. Most lenders want you to have at least 20% equity.
Together Credit Union First Time Home Buyer Mortgage Pros & Cons
| Pros | Cons |
|
|
Together Credit Union First Time Home Buyer Mortgage FAQ
What is the maximum loan term you can get with Together Credit Union First Time Home Buyer Mortgage?
Together Credit Union First Time Home Buyer Mortgage offers mortgages with terms ranging from 7 to 7 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What mortgage rates does Together Credit Union offer?
Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.
Do they charge mortgage origination fees?
No, Together Credit Union First Time Home Buyer Mortgage does not charge a mortgage origination fee.
Some lenders charge an origination fee for processing, underwriting, and funding a mortgage. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.
What property usage types does Together Credit Union First Time Home Buyer Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Together Credit Union First Time Home Buyer Mortgage allows the following property usage types:
- Primary home
What is the customer service phone number?
The customer service number for Together Credit Union First Time Home Buyer Mortgage is (800) 325-9905.
What is the support contact email?
The support contact email for is membercontactcenter@togethercu.org.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 6:00PM
Saturday
9:00AM - 12:00PM