Home Loans | Texas Tech Credit Union

Learn more about our current mortgage and refinancing rates

Say Hello to the TTCU Mortgage App

Texas Tech Credit Union Mortgage commits to making the process of securing a home loan as easy as possible for you. Whether you are a homebuyer looking to purchase a home, a current homeowner interested in refinancing, or a real estate agent hoping to speed up the process for your clients, our Mortgage app has a feature to benefit you.

The TTCU Mortgage App lets you, Compare different lending scenarios, calculate the possible savings (or cost) of refinancing, scan in required documents from your smartphone, and stay up-to-date on industry news.

Home Buying Options

Conventional

The most popular category of mortgage loans, conventional loans generally have fixed interest rates and terms. These loans are not insured by the government, and are usually established with larger down payments than some of the other mortgage loan alternatives.

Refinancing Options

A refinanced mortgage pays off and replaces your old mortgage, and allows you to pay the remaining balance based on a new agreement. Refinancing can provide a number of benefits, such as lower monthly payments, a lower interest rate, the ability to get cash out of your home's equity, and a shorter loan term.

FHA/VA Loans

FHA and VA loans are insured by the Federal Housing Administration and the U.S. Department of Veterans Affairs. The FHA and VA will back qualified lenders in case of mortgage default, but do not lend money. FHA and VA loans allow borrowers to spend a higher percentage of their monthly income on debt than conventional loans.

Jumbo Mortgages

Jumbo Mortgages, or non-conforming mortgages, exceed the guideline limits established by Fannie Mae and Freddie Mac. These loans offer borrowers who have low debt-to-income ratios and high credit scores an option to purchase an expensive luxury home.

Meet Your Mortgage Dream Team

Our experts have seen it all, and are here to guide you through the home-buying process one easy step at a time. We have an in-house mortgage program for buying and refinancing, so you can deal with people you know and trust. The online application process is easy. With a wide range of terms and options to choose from, we'll help find the loan that's right for you.