Dream Loan

 

It’s the dreams you can’t quite put into words. It’s the possibilities. 

 

A new beginning.
Connecting.
Celebrating.
And creating life long memories. 

It’s not just a dream, it’s a home. Get your dream home, with a dream loan from Greater Texas Credit Union.

 

If you’re purchasing your dream home, Greater Texas is offering home loans as low as 3.375% APR1 with no closing costs, or if you’re transforming your current home to match your dreams, we have home equity loans as low as 3.49% APR3 with no closing costs2.

 

Every new home loan or home equity loan receives a $100 Visa® reward card and will be entered into a chance to win a Big Green Egg®, the ultimate cooking experience! 4

 

Greater Texas Credit Union, we’re with you every step of the way.

 

Apply for a Home Loan     Apply for a Home Equity Loan

 

 


Current Mortgage Rates

**Rates are subject to change without notice.**

Non-Conforming Mortgage Rates

Product Months Rate Points Rebate APR* Payment
30 Year Fixed 360 3.375% 0.000 $0 3.463%
$684
Apply Now
20 Year Fixed
240 3.125% 0.000 $0 3.248% $860 Apply Now
15 Year Fixed 180 3.000% 0.000 $0 3.16% $1036 Apply Now
Product
30 Year Fixed
Months
360
Rate
3.375%
Points
0.000
Rebate
$0
APR*
3.463%
Payment
$684
Product
20 Year Fixed
Months
240
Rate
3.125%
Points
0.000
Rebate
$0
APR*
3.248%
Payment
$860
Product
15 Year Fixed
Months
180
Rate
3.000%
Points
0.000
Rebate
$0
APR*
3.16%
Payment
$1036
 
 



 

Mortgage Calculator

$
$
3.375
Monthly Payment: 0
 
 
 
 
 

Most Popular Home Loan Programs

Securing the right loan amount and monthly mortgage payment doesn’t have to be guesswork. When you choose Greater Texas | Aggieland Credit Union, we work with you to get the best mortgage rates and loan terms available.
 

 

Program

Description

Benefits

Conventional Fixed-Rate Mortgage

Conventional fixed-rate mortgages are among the most common types of home loans. These mortgages allow you to secure a fixed rate for 15, 20, and 30-year loan programs.

Conventional fixed-rate mortgages include fewer closing costs, flexible monthly payment terms and no mortgage insurance with 20% down or more.

Conventional Adjustable-Rate Mortgage

Conventional adjustable-rate mortgages are another popular home loan offered at varying term lengths. This type of mortgage allows you to secure an initial fixed, low-interest rate period before the adjustable-rate kicks. Your rate will fluctuate based on an adjustment index and monthly payments may increase or decrease in the long term.

Conventional adjustable-rate mortgages can be desirable due to the low-rate introductory period.

Adjustable Rate Mortgage

Adjustable-rate mortgages (ARM), also called 3/1, 5/1, and 7/1, is a type of home loan with a fluctuating interest rate. The rate on an adjustable-rate mortgage is less than that of a fixed-rate mortgage. However, because the rates fluctuate it’s important to weigh the risks and benefits.

An adjustable-rate mortgage may enable you to obtain a lower interest rate, plus fixed payments for a longer term compared to other adjustable rate home loans.

VA Loan

VA loans are insured by the U.S. Department of Veterans Affairs (VA). These loans are available to active and retired military, as well as surviving spouses. VA loans provide 100% financing to those meeting eligibility requirements.

VA loans offer low interest rates, no down payment requirement or monthly mortgage insurance, and an easier mortgage application process.

FHA Loan

It’s true that FHA loans are ideal for someone purchasing their first home. However, FHA loans are available to any buyer seeking a government-backed mortgage whether or not you’re a first-timer.

Advantages of FHA loans include lower down payments,  flexible eligibility requirements, and lower monthly payments.

USDA Loan

USDA loans help borrowers purchase homes in both suburban and rural areas. USDA loans strive to improve the economy and make homeownership achievable for just about anyone.

The big advantages of USDA loans are low-interest rates and zero down payment. There is also less strict qualifying criteria.

Program
Conventional Fixed-Rate Mortgage
Description
Conventional fixed-rate mortgages are among the most common types of home loans. These mortgages allow you to secure a fixed rate for 15, 20, and 30-year loan programs.
Benefits
Conventional fixed-rate mortgages include fewer closing costs, flexible monthly payment terms and no mortgage insurance with 20% down or more.
Program
Conventional Adjustable-Rate Mortgage
Description
Conventional adjustable-rate mortgages are another popular home loan offered at varying term lengths. This type of mortgage allows you to secure an initial fixed, low-interest rate period before the adjustable-rate kicks. Your rate will fluctuate based on an adjustment index and monthly payments may increase or decrease in the long term.
Benefits
Conventional adjustable-rate mortgages can be desirable due to the low-rate introductory period.
Program
Adjustable Rate Mortgage
Description
Adjustable-rate mortgages (ARM), also called 3/1, 5/1, and 7/1, is a type of home loan with a fluctuating interest rate. The rate on an adjustable-rate mortgage is less than that of a fixed-rate mortgage. However, because the rates fluctuate it’s important to weigh the risks and benefits.
Benefits
An adjustable-rate mortgage may enable you to obtain a lower interest rate, plus fixed payments for a longer term compared to other adjustable rate home loans.
Program
VA Loan
Description
VA loans are insured by the U.S. Department of Veterans Affairs (VA). These loans are available to active and retired military, as well as surviving spouses. VA loans provide 100% financing to those meeting eligibility requirements.
Benefits
VA loans offer low interest rates, no down payment requirement or monthly mortgage insurance, and an easier mortgage application process.
Program
FHA Loan
Description
It’s true that FHA loans are ideal for someone purchasing their first home. However, FHA loans are available to any buyer seeking a government-backed mortgage whether or not you’re a first-timer.
Benefits
Advantages of FHA loans include lower down payments, flexible eligibility requirements, and lower monthly payments.
Program
USDA Loan
Description
USDA loans help borrowers purchase homes in both suburban and rural areas. USDA loans strive to improve the economy and make homeownership achievable for just about anyone.
Benefits
The big advantages of USDA loans are low-interest rates and zero down payment. There is also less strict qualifying criteria.

 


 

Your Home Loan Financing Resource

 It can be overwhelming trying to figure out which program is right for you. Luckily, our mortgage professionals have years of experience helping clients just like you navigate the home buying process. Let us help guide you in the right direction.

 
 

 

1 APR=Annual Percentage Rate. This is not an offer of credit and subject to the terms and conditions of Greater Texas Federal Credit Union. Greater Texas Federal Credit Union (NMLS#450182) offers mortgage loans by partnership with TruHome Solutions, LLC (NMLS#284608).

2 No closing cost mortgage details. Off­er available on the following products only: GreaterTX 30, GreaterTX 20, and GreaterTX 15-year‑fixed rate mortgages, GreaterTX 10/1, GreaterTX 7/1,  and GreaterTX 5/1 adjustable rate mortgages, and home equity loans. Off­er only applies to portfolio loans and is not available for investor loans. All applicants must meet standard underwriting guidelines. Maximum Loan-to-Value ratio for all Mortgage Loans in this promotion is 90%. The current available Annual Percentage Rates are between 3.000% APR and 4.875% APR depending on your creditworthiness and type of mortgage product selected. Rates are subject to change. You will be required to maintain property insurance throughout the life of the loan and title insurance is required on any 1st Mortgage. O­ffer is valid for applications submitted between March 15, 2020 through June 30, 2020 and the loans must close by 5:00PM CST on August 31, 2020. If loan is paid o­ff within 36 months from the first payment date, the borrower must reimburse the full amount of closing costs paid on their behalf. O­ffer applies to standard third-party closing costs associated with loan underwriting including underwriting fee, title fee, document preparation fee, survey and appraisal, and does not include loan payoff­s, lien satisfactions, taxes, insurance or any recurring expense, home inspection, flood insurance, curative title, or other non-standard attorney or closing fee. Maximum amount of closing costs eligible to be paid by the Credit Union is the lesser of 1% of the loan amount, not to exceed $5,000.00, and will not include amounts paid by other parties as part of the transaction. The borrower is responsible for closing costs exceeding this amount.

3 APR = Annual Percentage Rate. Terms and conditions apply.

4 Visa reward card will be mailed 4 to 6 weeks after loan is funded and closed. Promotion includes loans applied for and approved between March 1, 2020 through June 30, 2020; that close by 5:00PM CST on August 31, 2020. Big Green Egg® drawing will occur on September 1, 2020. Credit Union officials and staff are not eligible for chance to win the Big Green Egg®.

Greater Texas Federal Credit Union (NMLS#450182) offers mortgage loans by partnership with TruHome Solutions, LLC (NMLS#284608).