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Mortgage Loans

We can finance your next home! Telco is a full-service Mortgage Lender. We offer conventional first mortgages with a variety of terms from 5 to 30 years as well as other first mortgage options. Telco Community Credit Union also offers mortgage refinancing options for homeowners wishing to consolidate debt or lower their monthly mortgage payment.

New Low Mortgage Rates Available Now*

  • 15 Year Fixed Rate Mortgage As-Low-As 2.875% Rate  (3.226% APR**)

A second mortgage can be useful to employ the equity in your home for, a purchase, debt consolidation, home improvement, college expenses or even a dream vacation. A second mortgage is a closed-end, fixed rate loan which allows you to go up to 80% of the value of your home, less your first mortgage balance. Second mortgages carry convenient terms of 60, 120 or 180 months. Click Here to View Mortgage Rates.

Home Equity Line-of-Credit

A Home Equity Line-Of-Credit is a great resource for home projects, when you haven’t decided how little or how much you want to do.
Call a Loan Specialist at 828-252-6458 for Current Rates on the following:

  • 0-5 Years Fixed Rate 
  • 6-10 Years Fixed Rate 
  • 11-15 Years Fixed Rate  

Home Equity Line-Of-Credits are open ended, interest only, adjustable rate mortgages. The rate adjusts according to the current Prime Rate. A minimum payment of $100.00 a month is required. Click Here to View Mortgage Rates

*Certain Restrictions May Apply    

**APR - Annual Percentage Rate and terms are subject to credit approval. Rate may be higher depending on individual loan terms

MLS# 787813