KTVAECU® Home Loans

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Why Choose KTVAECU^® Home Loans ¹

At Knoxville TVA Employees Credit Union, we service your home loan in-house, so you always know where your loan is and who you’re working with from application to final payment.

Benefits of a home loan from KTVAECU:

Local support from trusted loan officers who live and work in your community
Your loan stays with us and is not sold to third parties
Competitive mortgage rates on multiple terms
No PMI options available on select loans
Guidance through every step of the homebuying process

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30-Year Fixed-Rate Mortgage

Effective 03-02-2026
Interest rates as low as...
5.750% ²
APR as low as 5.969%

APR = Annual Percentage Rate. A fixed-rate mortgage loan of $200,000.00 for 30 years at 5.750% interest and 5.969% APR will have a monthly payment of $1,167.15. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

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20-Year Fixed-Rate Mortgage

Effective 03-02-2026
Interest rates as low as...
5.375% ³
APR as low as 5.664%

APR = Annual Percentage Rate. A fixed-rate mortgage loan of $200,000.00 for 20 years at 5.375% interest and 5.664% APR will have a monthly payment of $1,361.69. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

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15-Year Fixed-Rate Mortgage

Effective 03-02-2026
Interest rates as low as...
5.125% ⁴
APR as low as 5.488%

APR = Annual Percentage Rate. A fixed-rate mortgage loan of $200,000.00 for 15 years at 5.125% interest and 5.488% APR will have a monthly payment of $1,594.64. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

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10-Year Fixed-Rate Mortgage

Effective 03-02-2026
Interest rates as low as...
5.000% ⁵
APR as low as 5.517%

APR = Annual Percentage Rate. A fixed-rate mortgage loan of $200,000.00 for 10 years at 5.000% interest and 5.517% APR will have a monthly payment of $2,121.31. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

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Say "Hello" to Your Loan Officer

Whether you want to purchase a new home, refinance, or use your home's equity, we provide one-on-one support to help you make the best decision for YOU. We're here every step of the way, so you don't have to plan alone. We're more than just experts – we're your neighbors who care! We take the time to understand your unique goals and answer all your home loan questions.

Ready to get started? Connect with a friendly Real Estate Officer today!

For a personalized rate and payment quote, please give us a call at (865)544-5409 or email homeloans@tvacreditunion.com.

MEET OUR TEAM

Steps to Expect in the Home Buying Process

Pre-qualification
Contact Knoxville TVA Employees Credit Union and get pre-qualified to buy.
House Hunt
Work with a realtor to look at homes and submit an offer.
Finalize Loan Application
Update any necessary documentation.
Process Loan
Here’s where we take over for you! We’ll file your loan and monitor progress.
Underwriting
The underwriter verifies the loan meets all guidelines and qualifications, then issues a mortgage commitment.
Pre-closing
Final details! Schedule your closing date, pick homeowner’s insurance, and prepare closing costs.
Close
YOU MADE IT! An attorney will finalize the final paperwork for you to sign and take ownership!

Checklist

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What You'll Need to Apply

To streamline your loan application, gather the following before you begin:

Two forms of ID (one must have photo)
Proof of income (recent pay stubs, W-2s, tax returns)
Bank statements
Address history
Homeowner insurance info
Sales contract and legal property description (for purchase loans)

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Start Planning Now for Your New Home

It's never too early to start planning towards your path to homeownership. Prepare confidently with GreenPath Financial Wellness Homebuying 101 courses, available in English and Spanish. Plus, they are free! Learn the steps to buying a home and how to improve your credit score. Explore what loan options are available to you, and get answers to common homebuying questions.

Free English Course Free Spanish Course

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Real Estate Payoff Requests:
Click the button below for our Payoff Portal.

Payoff Portal

Homeowner's Insurance Claim
If you have property damage, please complete and submit a claim packet.

Insurance Claim Packet

Housing Counselors:
For help with housing needs and to find the nearest HUD-approved housing counselors, call (800) 569-4287, or click the button below.

Find a Housing Counselor

Frequently Asked Questions

How Much Do I Need for a Home Loan Down Payment?

The amount needed for a down payment depends on the home loan type. Some loans, such as VA loans or USDA loans, offer $0.00 down payment options for qualified borrowers. Other common loan types typically require at least 3.00% to 5.00% of the home’s purchase price saved for the down payment.

To find the right option for your budget, talk to a KTVAECU® Loan Officer about available programs and low or no down payment choices.
Which Home Loan Is Right for Me?

Every buyer’s situation is unique. We will review your goals with you to recommend the best loan option to meet your needs.
What Is a Credit Score?

A credit score is a three-digit number (typically 300–850) that shows how well you manage debt. It reflects your payment history, credit usage, and overall financial behavior.

When applying for a home loan, your credit score helps determine your loan eligibility, interest rate, and which mortgage is right for you. A higher score often means better rates and more loan options, which saves you money over time.
What Is PMI, and Will I Need to Pay for It?

PMI (Private Mortgage Insurance) protects lenders when buyers put down less than 20.00%. We offer no PMI loan options with many in-house home loans.

Disclosures

¹ APR = Annual Percentage Rate. Restrictions apply. Not a government-affiliated agency. All applications subject to underwriting guidelines and approval. Rates based on creditworthiness. Ask for details. Please note the interest rate and fees shown are available to borrowers with excellent credit history with loan-to-values up to 80% of the appraised value or sales price of the property, whichever is the least amount. If the loan-to-value is higher than 80%, please contact us for a rate quote. The actual interest rate and fees available to you may be different than the rates displayed. All interest rates and APRs shown are subject to change without notice.

² APR = Annual Percentage Rate. A fixed-rate mortgage loan of $200,000.00 for 30 years at 5.750% interest and 5.969% APR will have a monthly payment of $1,167.15. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

³ APR = Annual Percentage Rate. A fixed-rate mortgage loan of $200,000.00 for 20 years at 5.375% interest and 5.664% APR will have a monthly payment of $1,361.69. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

⁴ APR = Annual Percentage Rate. A fixed-rate mortgage loan of $200,000.00 for 15 years at 5.125% interest and 5.488% APR will have a monthly payment of $1,594.64. Taxes and insurance not included; therefore, the actual payment obligation will be greater.

⁵ APR = Annual Percentage Rate. A fixed-rate mortgage loan of $200,000.00 for 10 years at 5.000% interest and 5.517% APR will have a monthly payment of $2,121.31. Taxes and insurance not included; therefore, the actual payment obligation will be greater.