| :: KPOCU Mortgage Loans |
Ready to buy a new home? Or are you looking to make some improvements to your current home? Either way, KPOCU can help with a loan that fits your needs. If you just don't know where to start - give our mortgage specialists a call and let them guide you through the array of mortgage options available. We're here to help, today and in the future.
First and Second Mortgages
The credit union offers adjustable-rate and fixed-rate first mortgages on primary residences of qualified members. The maximum amount financed on a first mortgage will be 80% of the appraised value. Certain types of second mortgages are available and may apply to the primary residence only. Rates and terms may vary; some restrictions and conditions may apply.
Mobile Home Mortgages
First mortgages can be obtained on manufacturing housing units or factory-built homes that are legally classified as real property. Units must be permanently affixed to a foundation. The amount financed cannot exceed 70% of the loan to value; some restrictions and conditions may apply. Rates and terms may vary.
Unimproved Property Loan
Members can borrow money to purchase or refinance property that doesn't contain any improvements or permanent structures. The property must have access to electricity, water or sewage and be less than 20 acres. Rates and terms may vary; some restrictions and conditions may apply.
Try any of the loan calculators to determine how much you can afford.
The physical location of all mortgage loan property must be within the state Tennessee. Contact a KPOCU Mortgage Loan Officer at 865-688-2424 or 1-800-344-9916 for more information or to apply for a mortgage loan. You can also apply online at mortgage.kpocu.org.
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