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* Closing cost credit available on Home Equity Line of Credit (HELOC) or closed end home equity loans on loan limits/amounts of $25,000 or more. HELOC and home equity loans less than $25,000 or any other mortgage loan types are not eligible for this offer. Tinker Federal Credit Union (TFCU) refinances are not eligible for this offer if a closing cost or discounted rate offer has been accepted or applied to a TFCU mortgage loan within the last five years unless the new loan includes additional cash out. Closing cost amounts in excess of $430 will be the borrower’s responsibility to pay. A closing cost credit will be issued at the time of closing. Closing costs vary according to property location and typically range from $433 to $923. Closing costs incur for real estate appraisal or review, title report, filing and processing fees, and flood certification. If your loan does not fund, you will be responsible to pay the costs for any fees including, but not limited to, processing, abstracting and other related title work if the work has already been performed. Title insurance is required on loan requests of $100,000 or more and on investment property loans of any amount. The cost of Title Insurance Policy is based on your loan amount; the typical range is $365 – $800. Real Estate must be residential property located in the state of Oklahoma and meet TFCU’s guidelines. Loans with 90% loan to value and above have a maximum loan amount of $50,000. First or second mortgage on currently owned residential property must not exceed a maximum loan to value of 100 percent. TFCU will take a security interest in your home. You could lose your home if you do not meet the obligations in your agreement with us. Property insurance is required. If the property is located in a Special Flood Hazard Area, flood insurance is required if it is available. Offer available on applications taken through October 31, 2018. To take advantage of this offer, TFCU membership is required, which involves opening an initial share (savings) account with a $5 deposit. Click for current rates and terms or call us at (405) 732-0324 or 1-800-456-4828.