$0 Down Mortgage - Payment Example:  For a conventional loan with a purchase price of $200,000, a minimum down payment of $0 is required. The monthly principle and interest payment is $1215.22 for a mortgage amount of $200,000 financed over 30 years with a note rate of 6.125% based on a credit score of 720 or above and an annual percentage rate of 6.868%. This is a rate that was available on 5/8/08.

Rates are subject to change daily and this rate is for example purposes only and is not an offer to enter into a loan agreement at a specified interest rate. Property located in a declining market is not eligible for a $0 down payment mortgage. Please contact a TFCU loan officer for more information.

To apply for your Zero Down Mortgage or other types of first mortgages online, click here. Or contact our mortgage specialists at 763-595-4010 or toll-free at 1-800-862-1998. Current interest rates are available on our rateline at 763-591-4949.


Some restrictions apply. All loans subject to credit approval. Funds are needed for closing costs. Ask for details.