Alabama Teachers Credit Union

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For more information regarding your NCUA Share Insurance Coverage, please visit the following website links:

�Your Insured Funds�

�How Your Accounts are Insured�

�Share Insurance Estimator�

Your savings federally insured to at least
$250,000 and backed by the full faith and
credit of the United States Government

Mortgage Rates
Alabama Teachers Credit Union is an Equal Housing Lender. The following rates and terms are subject to change without notice. For complete details, contact a real estate loan officer at Alabama Teachers Credit Union.

Please read the disclosures located at the bottom of this page.

5* Club members get .25% rate reduction!
(exception: Variable rate loans)

The annual percentage rate is accurate as of

First Mortgage
Term	Annual Percentage Rate	Repayment Amount
5 year fixed	5.700%	$19.20 per $1,000 borrowed
7 year fixed	6.000%	$16.58 per $1,000 borrowed
10 year fixed*	6.375%	$11.30 per $1,000 borrowed
15 year fixed	6.875%	$8.93 per $1,000 borrowed
20 year variable	Contact Alabama Teachers Credit Union
30 year variable	Contact Alabama Teachers Credit Union

Second Mortgage

Contact any ATCU office for information on our 2nd Mortgage programs.

Home Equity
Term	Annual Percentage Rate
15 year variable	Prime - .50%

Unimproved
Term	Annual Percentage Rate
15 year variable	Prime - .50%

Construction
Term	Annual Percentage Rate
9 months convert	7.25% 80% of appraised value from blue prints and spec sheet Prime + 2%

Examples of typical payment terms:
*120 monthly payments of $11.54 per $1,000 borrowed.

Variable rates are subject to increase after consummation of loan.

The maximum annual percentage rate for HELOC is 18%.

$750 closing fee on first mortgages of $50,000 or more.

NO closing costs on Home Equity loan of $10,000 or more.
(Property insurance is required and flood insurance may be required.)

Any loan fee that is a percentage of the credit limit under the plan and an estimate of any other fees (closing costs) imposed for opening the plan, stated as a single dollar amount or a reasonable range.

Any periodic rate used to compute the finance charge, expressed as an annual percentage rate.

The maximum annual percentage rate that may be imposed in a variable-rate plan.

All loans based on 80% appraisal, 20% down payment. Up to 100% financing may be available.
Call for more information.