Real Estate Loans

Icon of House for Real Estate Loans

We want to welcome you home.

Tangipahoa Parish Teachers’ Credit Union is ready to get you and your family in a new home. Our members receive affordable real estate loan rates that will put and keep them in a home they want. This loan is also good for land purchases.

If you are a TPTCU member or eligible to become one, contact us today to find out more about our real estate loan rates.

First Mortgages Only

There is a Real Estate application fee of $25.00 and an Appraisal fee of $125.00. If you are refinancing only to reduce your interest rate, with no cash out, there will be a $200.00 application fee. We will finance up to 90% of the appraised value of the property. Maximum amount financed is $325,000.00. Must have an open Share Account to qualify.

*APR = Annual Percentage Rates.

Example: Amount financed $250,000 for 240 months at 6.75% is $1,901.58, finance charge is $206,376.63, total payments $456,376.63. (Figures are estimates only)

This loan is not applicable on Mobile Homes.

Effective October 1, 2013, if you are more than 10 days late in making a payment, you will be charged a $10.00 late fee.

The rates and APYs are effective immediately and may change at any time at the discretion of the Board of Directors.

Please call a Loan Officer for more information or to request an application.

Interested in Becoming a Member?

Founded on the basic democratic premise of the cooperative movement, credit unions believe that access to low-cost financial services is critical to the health and stability of ordinary citizens. At TPTCU we offer memberships to full-time, permanent employees of Tangipahoa Parish School System or SLU.

Are you a direct relative of a current TPTCU member?
You may qualify to become a member too! Contact our offices to learn more.

There are 4 requirements for opening a share account:

  • Driver’s license or passport (Birth certificate for minors only)
  • Social Security Card
  • Proof of full-time employment with Tangipahoa Parish School System or SLU or your relationship status
  • $26.00(cash/check)-No Debit cards