Mortgages for New Homes or Refinance Whether you're a first-time home buyer, building a new home or addition, or looking to refinance, Telhio has the home loan that fits your needs. Home Mortgages A home mortgage through Telhio offers you many benefits, including: Purchase and refinance loans for your home or investment property Fixed rate mortgages with terms from 10 to 30 years Adjustable rate mortgages with flexible payment options Options that do not require PMI Down payment assistance for first-time home buyers Fast closings - Telhio's average closing time is just 25 days! And, be sure to check out our current "10 YEARS & DONE" promotion, which features NO FEES!Home Refinancing Options If you currently have a mortgage with another institution, talk to us. With our refinancing options you could lower your monthly payments and save you money instantly. For those looking to refinance, Telhio has an exciting option to share. It's the government's Home Affordable Refinance Program (HARP) and it can help if the value of your home is now less than what you owe on it - including mortgages with Fannie Mae! And, we may even be able to lower your interest rate and mortgage payment. So, even if you were denied refinancing in the past, or have no equity in your home, contact us about HARP today.* Contact a Telhio Mortgage Specialist online or by phone at 614-221-3233 (option 6), you can even apply online. Home Insurance We also offer member-exclusive discounts on home owners insurance. See our listing of member discounts for more details. Product Term Mortgage Rate APR1 as low as Action Mortgage 10 year no fee rate2 120 months 3.125% 3.154% Graph Monitor Mortgage 15 year rate3 180 months 3.375% 3.620% Graph Monitor Mortgage 20 year rate4 240 months 4.250% 4.446% Graph Monitor Mortgage 30 year rate5 360 months 4.250% 4.392% Graph Monitor Rates effective Thursday, April 24, 2014 Try our Rate CalculatorsClick here! Loan questions?Call us at 614 221-3233, option 6. 1 Rates are subject to change without notice. Above rates available on owner-occupied single family purchases and refinances. Payments stated include principal and interest only and does not include tax or insurance, your actual payment may be larger. No pre-payment penalty. Rate and term subject to credit approval and underwriting criteria. APR = Annual Percentage Rate. LTV= Loan to Value. The annual percentage rate is the cost of credit over the loan expressed as an annual rate. APR may vary. The final APR will be based on the final loan amount and applicable finance charges. Fixed rate, adjustable and balloon mortgages for purchases, refinances or new builds available to everyone who lives, works, worships or attends school in Franklin County and surrounding communities. NMLS# 251831. 2 $150,000 loan would have 120 payments of $1457.08 Minimum loan amount of $150,000. LTV no greater than 80%. Borrower is responsible for paying all costs related to the existing loan (for example, payoff demand, reconveyance fee and/or any prepayment penalty imposed by existing lender). The borrower is responsible for payment of per diem interest, payment of property taxes, and insurance premiums (if due). 3 Rates as of 4/22/14. 15 year rate with LTV no greater than 80%, 0 points. A $100,000 mortgage loan with $2380 closing costs, will be paid in 180 monthly installments. Payment of $708.76 for 180 months. Credit evaluation may apply. Less than 20% down payment may require PMI and the APR may be subject to increase. Current published rate based on loan amount greater than $99,999.00; for lower loan amounts please call Telhio at 614-221-3233 option 6. 4 Rates as of 4/22/14. 20 year rate with LTV no greater than 80%, 0 points. A $150,000 mortgage loan with $2,380 closing costs, will be paid in 240 monthly installments. Payment of $928.85 for 240 months. Credit evaluation may apply. Less than 20% down payment may require PMI and the APR may be subject to increase. 5 Rates as of 4/22/14. 30 year rate with LTV no greater than 80%, 0 points. A $150,000 mortgage loan with $2,380 closing costs, will be paid in 360 monthly installments. Payment of $737.91 for 360 months. Credit evaluation may apply. Less than 20% down payment may require PMI and the APR may be subject to increase. Rate Monitor Complete the form below to be notifiedby email when this rate changes. Name Current rate Notify when... rate changes rate crosses Your email address *New loans only, cannot be used to refinance an existing Telhio mortgage. N.M.L.S. Number 251831.