Mortgage Rates
Rates are subject to change without notice; call the Member Service Center or the Mortgage Department for current rates. 302-629-0100
Fixed Rate Mortgage Special
Rates for: 07/07/2025
Primary and Secondary Residence Purchase
| Loan to value | Loan Amount | Max Term | FIXED RATE* |
APR* |
| Up to 80% | up to $806,500 | 30 years | 6.50% | 6.622% |
Loans are limited to the Delmarva Peninsula
*Rates displayed are the lowest rates available for qualified borrowers. Actual rate and maximum financing options may differ based on creditworthiness. APR based on purchase price of $400,000 and a down payment of $80,000 in Zip 19973. Contact us at 302-629-0100 for current rates specific to your scenario. NMLS: 469595
Adjustable Rate Mortgages
Rates for: 07/07/2025
Primary Residence Purchase & No Cash Out Refinance
| Loan to value | Loan Amount | Max Term | RATE* 5/1 ARM |
| Up to 80% | up to $800,000 | 30 years | 5.90% |
| Up to 100% | Up to $400,000 |
30 years |
6.65% |
| Up to 100% with PMI** | $400,001-$800,000 | 30 years | 6.15% |
Loans are limited to the Delmarva Peninsula
Call 302-629-0100 for other options including loans greater than $800,000
Call 302-629-0100 for other options including loans greater than $800,000
Construction Loans
| Loan to value | Loan Amount | Max Term | RATE* 5/1 ARM |
| Up to 80% | Up to $800,000 | 30 years + 9 months | 6.40% |
| Up to 100% | Up to $400,000 |
30 years + 9 months |
7.15% |
| Up to 100% with PMI** | $400,001-$800,000 | 30 years + 9 months | 6.65% |
Loans are limited to the Delmarva Peninsula
Construction loans have a fixed rate, interest only payment during construction (9 months).
Call 302-629-0100 for other options including loans greater than $800,000
Construction loans have a fixed rate, interest only payment during construction (9 months).
Call 302-629-0100 for other options including loans greater than $800,000
Second/Vacation Home Purchase & No Cash Out Refinance
| Loan To Value | Loan Amount | Max Term | RATE* 5/1 ARM |
| Up to 90% | up to $600,000 | 30 years | 6.15% |
| Up to 85% | up to $800,000 |
30 years |
6.15% |
| Up to 80% | Up to $1,000,000 | 30 years | 6.40% |
Loans are limited to the Delmarva Peninsula
Primary Residence Cash Out Refinance
| Loan To Value | Loan Amount | Max Term | RATE* 5/1 ARM |
| Up to 80% | $800,000 | 30 years | 7.40% |
| Up to 70% | $1,000,000 | 30 years | 7.65% |
Loans are limited to the Delmarva Peninsula
Land Loans
| Loan To Value | Loan Amount | Max Term | RATE* 5/1 ARM |
| Up to 70% | $400,000 | 15 years | 6.40% |
Loans are limited to the Delmarva Peninsula
*Rates displayed are the lowest rates available for qualified borrowers. Actual rate and maximum financing options may differ based on creditworthiness.
ARM Rates are based on an index and a margin, the index is the one-year constant maturity treasury rate; the margin varies by the amount borrowed, Loan to Value, and creditworthiness. Annual rate cap of 2%; lifetime cap of 6%.
**Private Mortgage Insurance (PMI)
Conventional Fixed Rate Mortgages - Affordable Housing Programs*
Rates for: 06/27/2025
| Loan To Value | Loan Amount | Max Term | Fixed Rate | ||
| Residential Purchase or No Cash Out Refinance; Primary Residence | 1.00% Point | 0.50% Point | No Points | ||
| Up to 97% with credit score ≥ 620 | $806,500 | 30 years | 6.375% | 6.490% | 6.625% |
Program Highlights:
- Income Limit based on borrower(s) income, not the entire household income
- Qualifying income up to 100% of Area Median Income for Manufactured Class C Homes or First Time Home Buyers buying any qualifying property, or qualifying income up to 80% of Area Median Income for low-to-moderate income borrowers
- Attached, Detached, Warrantable Condos, or PUDs up to 97% Financing
- Manufactured Class C Single-Wide or Multi-Wide up to 95% Financing
- Other options are available; please call us at 302-629-0100
Conventional Fixed Rate Mortgages - Standard Programs
Rates for: 06/27/2024
| Loan To Value | Loan Amount | Max Term | Fixed Rate* | ||
| Residential Purchase or No Cash Out Refinance; Primary Residence | 1.00% Point | 0.50% Point | No Points | ||
| Up to 80% | $806,500 | 30 years | 6.500% | 6.625% | 6.875% |
| 20 years | 6.125% | 6.375% | 6.490% | ||
| 15 years | 5.625% | 5.750% | 5.99% | ||
| 10 years | 5.875% | 6.000% | 6.125% | ||
| Jumbo Loans up to 80% | $1,000,000 | 30 years | Call for Rates | Call for Rates | Call for Rates |
| $2,000,000 | 30 years | Call for Rates | Call for Rates | Call for Rates | |
| Second Home Jumbo Loans up to 80% | $1,000,000 | 30 years | Call for Rates | Call for Rates | Call for Rates |
Other Options Include:
- Up to 97% financing on purchase for First Time Home Buyers or Low-to-Moderate Income Borrowers.
- Up to 95% financing for the purchase of a primary residence.
- Up to 90% financing for the purchase of a second home.
- Cash out refinance up to 80% for primary and 75% for a second home.
- Other options are available; please call us at 302-629-0100
Government Insured Fixed-Rate Mortgage Options
Rates for: 06/27/2025
| Type | Max LTV | Max Amount | Max Term | Fixed Rate* | ||
| 1.00% Point | 0.50% Point | No Points | ||||
| FHA | 96.50% | $594,500 | 30 years | 6.125% | 6.250% | 6.490% |
| VA | 80% | $806,500 | 30 years | 6.375% | 6.500% | 6.625% |
| VA Jumbo | 97% | $1,000,000 | 30 years | 6.750% | 6.875% | 7.125% |
| USDA | 80% | $806,500 | 30 years | 6.625% | 6.750% | 7.000% |
* Rates are the lowest rate available for qualified borrowers. Actual rate and maximum financing options may differ based on creditworthiness. Maximum Amounts are specific per county and state. Government Insured Programs Quotes based on Maximum LTV with FICO score of 680 or greater for owner-occupied purchases and rate and term refinancing. Rates are subject to change without notice due to market fluctuations. Contact us at 302-629-0100 for current rates specific to your scenario. *Sussex and Kent County, DE loan limits; Please call for other counties.
Home Equity Loans
Rates for: 07/07/2025
| Product | APR* | Term | Amount |
| Home Equity Variable Rate Line of Credit (TFCU holds 1st Lien) | Prime Rate; 7.50% Adjusts Monthly | Revolving | Up to 80% of net** appraised value |
| Home Equity Variable Rate Line of Credit (TFCU holds 1st Lien) | Prime Rate; 8.00% Adjusts Monthly | Revolving | Up to 90% of net** appraised value |
| Home Equity Variable Rate Line of Credit (TFCU holds 1st Lien) | Prime Rate; 8.50% Adjusts Monthly | Revolving | Up to 100% of net** appraised value; maximum $250,000. |
| Home Equity Variable Rate | 7.40% | Up to 20 years | Up to 80% of net** appraised value |
| Home Equity Variable Rate | 7.90% | Up to 20 years | Up to 90% of net** appraised value |
| Home Equity Variable Rate | 8.40% | Up to 20 years | Up to 100% of net** appraised value, maximum $250,000 |
*Rates are the lowest rate available for qualified borrowers. Actual rate may be higher based on creditworthiness. NMLS #469595
** Appraised value less 1st lien balance.
1Limited to Loans in the Delmarva Peninsula. If TFCU is not first lien holder, the loan amount is limited to 80% LTV with maximum $100,000. Minimum loan amount $20,000. Additional limitations may apply.
Company NMLS #469595
Company NMLS #469595
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