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Mortgage Loans

We offer Conventional Financing, up to 95% LTV on our First Mortgage Home Loans.  We have 5 year, 10 year, 15 year, 20 year, and 30 year terms.

Documents needed when Purchasing / Refinancing a Home

  • 30 days most recent paystubs
  • 2 years Federal Tax Returns, W-2’s, and supporting Tax documents
  • 2 months Bank Statements and Retirement Statements
  • Declarations page for Homeowners Insurance
  • Most recent Mortgage Statement
  • Source of Down Payment

We offer Fixed Rate (Closed End) and Variable Rate (Open End) Home Equity Loans.

Second Mortgage Loans

  • Fixed Rate (Closed End) Loan
  • One time draw
  • We offer 5 year, 10 year, and 15 year terms

Home Equity Lines of Credit 

  • Variable Rate (Open End) Loan
  • 10 year draw period with a 10 year repayment period
  • Payment = 1% of outstanding loan balance at the end of each month

Documents needed for Home Equity Loan

  • 30 days most recent paystubs
  • 2 years Federal Tax Returns, W-2’s, and supporting Tax documents
  • 2 months Bank Statements and Retirement Statements
  • Declarations page for Homeowners Insurance
  • Most recent Mortgage Statement


 

Learn more about our Mortgage Policies

Insurance companies, please use the following as our mortgage interest information on all insurance policies:

Old Hickory Credit Union ISAOA / ATIMA
P.O. Box 140478
Nashville, TN 37214

See Terms and Charges