Telhio – Your Mortgage Solution!
Whether you are a first-time home buyer, ready to move to a larger (or smaller) home or ready to build your dream home, Telhio has a Mortgage that fits:
- Purchase Or Construction Loans For Your Home, Second Home Or Investment Property
- Fixed Rate Mortgages
- Adjustable Rate Mortgages With Flexible Payment Options
- Mortgage & Close In 10 Days Or Less
- Down Payment Assistance For First Time Home Buyers
- Interest-Only Loan Payments For Lower Rates & More Flexibility
- Special Programs For Self-Employed Borrowers
- Automatic Debit & Online Payment Options
Refinancing Options
If you currently have a Mortgage with another institution, talk to us. With our refinancing options you could lower your monthly payments and save instantly.
The Telhio HLPR Mortgage Can Help You!
With home prices and monthly payments rising, many first-time buyers of modest means have been frozen out of the market. The Telhio HLPR (Home Loan Payment Relief) Mortgage is a “no gimmicks” low-rate Mortgage for first-time homebuyers. Here’s how it works:
- Telhio offers qualifying borrowers a 3 year Adjustable Rate Mortgage (ARM) or a 30 year Fixed Rate Mortgage at below market interest rates and 0 points.
- The Adjustable Rate Mortgage is fixed for the first 3 years and will then adjust annually to market rates plus a margin. Rate adjustments are capped at 1.00% APR* per year and 5.00% APR* over the life of the loan.
HLPR lowers Mortgage costs, resulting in a lower monthly payment.
HLPR increases eligibility for Telhio members of modest means.
HLPR helps you qualify for approximately a 25% larger Mortgage OR lower the income level necessary to qualify by around 25%.
To qualify, your household income must be 100% or less of the county's median income. Contact us to see if you qualify for an HLPR Mortgage.
Give Us A Call!
Contact a Telhio Mortgage Specialist by phone at (614) 221-3233 option 6 or online /mortgage_referral.html) for complete information and current rates, or use the online "resource" tab at Your Credit Union Mortgage Resource Center.
*APR=Annual Percentage Rate.
