Mortgage Loans
There’s no place like home. We can get you there faster.
Choosing the right lender is just as important as choosing the right home.
Our personalized, expert service means you’re more than an anonymous loan number.
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Competitive Rates
We’re known for having some of the lowest rates around. And on your biggest purchase, that means more money in your pocket.
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Capped Origination Fees
Save money at closing with capped origination fees. Applies to loans of $400,000 or more.
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No PMI
Put less money down and still pay no PMI. Because PMI is basically a four-letter word.
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Local, Fast Decisions
Our staff of experts handle everything locally. That means fast approvals and even faster closings.
John D., Credit Union Member since 2007We received our mortgage payoff documents! It’s been a blessing and a pleasure to be a Telco member, especially because of the excellent, professional service! Thank you!
See Today’s Rates
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Loan Amount |
Maximum Financing |
Rate* |
APR* |
|---|---|---|---|
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* All rates, fees, and terms are subject to change, not guaranteed and are based on credit qualifications and lending guidelines. |
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Loan Amount Up to $99,999 |
Maximum Financing Up to 97% |
Rate* 5.750% |
APR* 5.977% |
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Loan Amount $100,000 - $199,999 |
Maximum Financing Up to 97% |
Rate* 5.625% |
APR* 5.810% |
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Loan Amount $200,000 to $647,199 |
Maximum Financing Up to 97% |
Rate* 5.500% |
APR* 5.663% |
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Loan Amount $647,199 to $1,000,000 |
Maximum Financing Up to 90% |
Rate* 5.750% |
APR* 5.903% |
|
Loan Amount |
Maximum Financing |
Rate* |
APR* |
|---|---|---|---|
|
* All rates, fees, and terms are subject to change, not guaranteed and are based on credit qualifications and lending guidelines. |
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Loan Amount Up to $99,999 |
Maximum Financing Up to 97% |
Rate* 6.250% |
APR* 6.378% |
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Loan Amount $100,000 - $199,999 |
Maximum Financing Up to 97% |
Rate* 6.125% |
APR* 6.229% |
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Loan Amount $200,000 to $647,199 |
Maximum Financing Up to 97% |
Rate* 6.000% |
APR* 6.092% |
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Loan Amount $647,199 to $1,000,000 |
Maximum Financing Up to 97% |
Rate* 6.250% |
APR* 6.337% |
Mortgage Loan FAQs
You can pay online, by phone (fee may apply), by mail or at your nearest branch location. You can also set up a recurring automatic withdrawal payment option.
All mortgage payments are due on the 1st of the month and are considered late after the 15th of the month.
Baton Rouge Telco offers real estate loans for new home purchases, land purchases, 1st and 2nd mortgage refinancing with cash-out options, and home equity lines of credit (HELOC). We do not offer loans for mobile homes, condominiums (townhomes are acceptable), or investment properties.
Home Loan Calculators
Need help finding the right mortgage?
Complete this short form and we’ll have one of our real estate lenders contact you by the next business day to discuss options.
