Buy a Home

Finding Your Way Home

As a home-buyer, you have an exciting journey ahead. We know securing financing for your home and navigating the housing market can be a complex task. Knoxville TVA Employees Credit Union wants your home purchase to be a rewarding experience, and we're here to help any way we can. We strive to make your home buying process as simple and smooth as possible.

Do you have questions? Our loan officers can answer any questions you might have and will be with you every step of the way. 

Contact a Loan Officer Check Rates Start Your Application

What you will need:

  • Two forms of identification (incuding one photo ID)
  • Two-year work history
  • Most current paystub (last 30 days)
  • W-2s and tax returns from the last two years
  • Bank statements from the last two months
  • Two-year address history
  • Homeowner insurance company name and phone number
  • Sales contract (purchase loans)
  • Property tax amount and homeowner's association dues

Rate Options

Fixed-Rate

Feel stable and secure in your home with a fixed-rate mortgage!

  • Interest rate and monthly principal and interest (P&I) remain the same for the life of the loan
  • Variety of terms available
  • Predictable monthly payments make budgeting simple
  • Protection from possible rising interest rates for the life of the loan
  • May be a good choice if you plan to stay in your home for a longer period of time

Adjustable-Rate

Life sometimes takes you to new places. An adjustable-rate mortgage can help you stay flexible!

  • Interest rates and monthly principal and interest (P&I) payments stay the same for defined period of time, then may increase or decrease for remainder of the loan
  • Variety of terms available
  • Typically offer a lower initial interest rate
  • Includes an interest rate cap limiting the maximum amount your P&I can increase 
  • May provide flexibility if you expect future income growth or plan to move in the near future

Loan Options

  • Conventional
  • FHA
  • VA
  • USDA/Rural
  • FNMA Home Ready
  • Manufactured Homes
  • Investment/Rental Property
  • Lot or Home Site